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Run a multiple regression where the dependent variable is ratings and the independent variables are star and fact. Use data from CBC only. CBC Management

Run a multiple regression where the dependent variable is ratings and the independent variables are star and fact. Use data from CBC only. CBC Management has several questions:

  1. Executives wish to know how much being fact-based or having one star contributes to a movies rating. What can you tell them about this?
  2. Are either, both, or neither of the independent variables significantly related to the ratings at 95% confidence? Justify your answers referring to the relevant figures.
  3. How well does this regression analysis explain the ratings? Should the executives count on the results from this analysis? Justify your answers referring to the relevant figures.

image text in transcribed
Observation Network Month Day Rating Fact Stars 59 CBC 7 14.7 60 CBC 11.3 61 CBC N 13.5 62 CBC 2 7 12.9 63 CBC 3 1 13.2 64 CBC LU 7 12.8 65 CBC 13.2 66 CBC 4 7 13.5 67 CBC 5 17.5 68 CBC 5 11.6 69 CBC 5 WHY WP 12.1 70 CBC 6 15.6 71 CBC 12.6 0 72 CBC 6 11.8 73 CBC 7 7 12.3 74 CBC 14.2 75 CBC 8 7 11.6 0 76 CBC 13.3 77 CBC E 13.6 78 CBC 9 12.4 0 79 CBC 9 13.8 8O CBC 9 11.9 81 CBC 10 1 14.6 82 CBC 10 15.8 83 CBC 10 15.4 84 CBC 11 13.1 85 CBC 11 12.8 86 CBC 12 15.1 87 CBC 12 12.4 88 CBC 12 19.1 1

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