Question
Aaron is a movie producer who wants to determine how the revenue of a motion picture, y, in millions of dollars, is related to its
Aaron is a movie producer who wants to determine how the revenue of a motion picture, y, in millions of dollars, is related to its production budget, x1, in millions of dollars; its review score (on a 100-point scale), x2; and the number of theaters in which the movie is playing, x3. Aaron obtains the multiple regression equation y=1.246+1.289x1+0.671x2+0.078x3. Predict the revenue (in millions of dollars) of a motion picture with a production budget of $180 million and a review score of 82 that is playing in 815 theaters. Round to the nearest million.
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