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Run a multiple regression where the dependent variable is ratings and the independent variables are star and fact. CBC Management has several questions: Executives wish

  1. Run a multiple regression where the dependent variable is ratings and the independent variables are star and fact. 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. C. 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.
Observation Network Month Day Rating Fact Stars
59 CBC 1 7 14.7 0 1
60 CBC 1 1 11.3 1 0
61 CBC 2 1 13.5 0 1
62 CBC 2 7 12.9 1 0
63 CBC 3 1 13.2 1 0
64 CBC 3 7 12.8 1 0
65 CBC 4 1 13.2 1 1
66 CBC 4 7 13.5 0 1
67 CBC 5 1 17.5 1 0
68 CBC 5 7 11.6 0 0
69 CBC 5 7 12.1 0 0
70 CBC 6 1 15.6 1 0
71 CBC 6 7 12.6 0 1
72 CBC 6 1 11.8 0 0
73 CBC 7 7 12.3 0 0
74 CBC 7 1 14.2 1 1
75 CBC 8 7 11.6 0 0
76 CBC 8 1 13.3 1 0
77 CBC 8 1 13.6 1 0
78 CBC 9 1 12.4 0 1
79 CBC 9 1 13.8 1 0
80 CBC 9 7 11.9 0 0
81 CBC 10 1 14.6 0 0
82 CBC 10 1 15.8 1 1
83 CBC 10 1 15.4 1 1
84 CBC 11 1 13.1 0 1
85 CBC 11 7 12.8 0 0
86 CBC 12 1 15.1 0 0

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