Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A data scientist works for an online television platform. They want to know what makes a hit television series, and have access to the data

A data scientist works for an online television platform. They want to know what makes a hit television series, and have access to the data shown below. Show Genre Number of Episodes Episode Duration Cost Per Episode Total Viewers Windswept Comedy 18 22 minutes 315093 178938 Open Doors Drama 6 42 minutes 290109 125381 Interplanetary Science Fiction 15 42 minutes 1352209 450385 Cold Target Crime 38 42 minutes 502402 212349 ... The data scientist performs a linear regression. They use the number of episodes and the cost per episode as the independent variables, and total viewers as the dependent variable. Their model has a coefficient of determination (R squared) of 0.47. What does this tell them? The model will predict the number of viewers accurately approximately 50% of the time. Press 1 There is approximately a 50% chance that the model results are due to chance. Press 2 If they double the number of episodes or the cost per episode, the amount of viewers will increase by 50%. Press 3 The model explains approximately half of the variance in the total number of viewers. Press 4

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cambridge IGCSE And O Level Additional Mathematics Coursebook

Authors: Sue Pemberton

2nd Edition

1108411665, 9781108411660

More Books

Students also viewed these Mathematics questions