BUS 640 wk2 - Expected earnings E: C6+C7*950000...

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Dependent Variable: E R-Square F-Ratio Observations: 15 0.83 63.69 Parameter Standard Variable Estimate Error Intercept 25042000.00 20131000.00 N 32.31 8.54 How well do movie ticket sales in December explain the level of earnings for the entire ye The explained level of earnings is explained quite well. R-Square * 100%= 83.11% of ticket sales earnings According to this regression analysis, what do you expect earnings for the year to be? N equals expected sales for December = $950,000
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Unformatted text preview: Expected earnings E: C6+C7*950000 $55,736,500.00 Is this evidence strong enough for you to consider improving the current recommendatio for the motion picture industry? Yes, this is strong enough as there is a difference of: 7.7mil between what was initially $55,736,500 - $48,000,000 =$7,736,500 The Regression Model : E= 25042000 + 32.31 * N P-Value on F T- Ratio P- Value 1.24 0.24 3.78 ear? on ly estimated to actual sales...
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BUS 640 wk2 - Expected earnings E: C6+C7*950000...

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