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E ebook Dixle Showtime Movie Theaters, Inc., owns and operates a chain of cinemas in several markets in the southern U.S. The owners would like

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E ebook Dixle Showtime Movie Theaters, Inc., owns and operates a chain of cinemas in several markets in the southern U.S. The owners would like to estimate weekly gross revenue as a functional Weekly Gross Television Advertising Newspaper Advertising Market ($1005) ($100.) (91000) Revenue 5.0 3.0 1.5 3.0 1.5 4.3 4.3 Mobile Shreveport Jackson Birmingham Little Rock Bilol New Orleans Baton Rouge 101.3 51.9 74.8 126.2 137.8 101.4 237.8 219.6 3.6 3.5 S.O 6.9 4.0 2.3 8.4 5.8 () Use the data to develop an estimated regression equation with the amount of television advertising as the Independent variable. Let x represent the amount of television advertising. If required, round your answers to three dedmal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300) Test for a significant relationship between television advertising and weekly gross revenue at the 0.05 level of significance. What is the interpretation of this relationship? The input in the box below will not be graded, but may be reviewed and considered by your instructor. blank (b) How much of the variation in the sample values of weekly gross revenue does the model in part (*) explain? If required, round your answer to two decimal places. (c) Use the data to develop an estimated regression equation with both television advertising and newspaper advertising as the Independent variables. Let xi represent the amount of television advertising Let x2 represent the amount of newspaper advertising If required, round your answers to three decimal places. For subtractive or negative numbers use a minus sign even if there is a sign before the blank. (Example:-300) Test whether each of the regression parameters fo. 1, and 2 is equal to zero at a 0.05 level of significance. What are the correct Interpretations of the estimated regression parameters The input in the box below will not be graded, but may be reviewed and considered by your Instructor blank (d) How much of the variation in the sample values of weekly gross revenue does the model in part() explain? If required, round your answer to two decimal places

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