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What can predict how much a motion picture will make? Data on a number of recent releases that includes the Gross (25M), the Budget ($M),
What can predict how much a motion picture will make? Data on a number of recent releases that includes the Gross (25M), the Budget ($M), the Run Time (minutes), and the average number of Stars awarded by reviewers was collected and a regression model was created to predict Gross. Use the computer outputgiven below to complete parts a through e. Dependent variable is: Gross R squared = 40.5%, R squared (adjusted) = 39.0% s = 47.81 with 120 4 = 116 degrees of freedom Variable Coef SE(Coef) t-ratio P-value Intercept 22.0107 25.84 0.85 0.3971 Budget 1.12693 0.12701 8.87 0.0000 Stars 24.3102 6.991 3.43 0.0007 Run Time -0.400571 0.2413 - 1.66 0.0996 a) What is the null hypothesis tested for the coefcient of Run Time in this table? [-3 A' H0: Run Time #0 Ho: Run Time = 0 H0: Run Time > 0 U D' H0: Run Time
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