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A statistical program is recommended.The owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a function of advertising expenditures. Historical

A statistical program is recommended.The owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow.

Weekly Gross Revenue ($1,000s) Television Advertising ($1,000s) Newspaper Advertising ($1,000s)
96 5.0 1.5
90 2.0 2.0
95 4.0 1.5
92 2.5 2.5
95 3.0 3.3
94 3.5 2.3
94 2.5 4.2
94 3.0 2.5

The owner then used multiple regression analysis to predict gross revenue(y),in thousands of dollars, as a function of television advertising(x1),in thousands of dollars, and newspaper advertising(x2),in thousands of dollars. The estimated regression equation was

= 83.2 + 2.29x1 + 1.30x2.

(a)What is the gross revenue (in dollars) expected for a week when $2,500 is spent on television advertising(x1 = 2.5)and $4,200 is spent onnewspaper advertising(x2 = 4.2)?(Round your answer to the nearest dollar.)$

(b)Provide a 95% confidence interval (in dollars) for the mean revenue of all weeks with the expenditures listed in part (a). (Round your answers to the nearest dollar.)$ to $ (c)Provide a 95% prediction interval (in dollars) for next week's revenue, assuming that the advertising expenditures will be allocated as in part (a). (Round your answers to the nearest dollar.)$ to $

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