SectionF_Group5_Colonial

SectionF_Group5_Colonial - Claire ODonnell Sam Meenely...

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Claire O’Donnell Sam Meenely Justin Shaffer Patrick Hill Group #5 Colonial Broadcasting Company Case Assignment 1) The equation for average ratings is: Rating = 13.346 - .6483(BBS) + 1.397(ABN) a) So the average rankings of networks during 1992 are as follows: 1) ABN Network- Rating of 14.743 2) CBC Network- Rating of 13.346 3) BBS Network- Rating of 12.6977 b) The difference between the second and first place average ratings is 1.397. 2) The equation for average ratings is: Rating = 13.25 + 1.401(Fact) So the average rating for fact-based movies is: a) Fact Based = Rating of 14.651 b) Fictional = Rating of 13.25 3) Rating = 13.25 + 1.401 (Fact) The ratings for fact based movie and fictional movies differ on average by 1.401. However, only 6.35% of the variation is explained by the model, adjusting for the degrees of freedom and 7.42% of the variation is explained by the model without taking into consideration the degrees of freedom. The difference between the average ratings between fact-based movies and fictional movies is statistically significant. The p-value is .010 which suggests that there is extremely strong evidence to reject the null hypothesis, that there is no relationship between fact-based movies and movie ratings.
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