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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
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 ($1000s) ----- (96, 91,96,92,96,94,95,94)
Televison Advertising ($1000s) ----- (5,2,4,3.5,3,3.5,3.5,4)
Newspaper Advertising ($1000s) ----- (1.5,2,2.5,2.5,4.3,2.3,4.2,2.5)
Compute f test statistic and t test statistics
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