The Determining Function That Drives Movie Ticket Sales Is Given

question 30

Multiple Choice

The determining function that drives movie ticket sales is given by the following equation: Sales_it = α₀ + α₁ HolidaySeason_it + α₂CastAwareness_it + U_it, where the unit of observation is a particular movie (i) in month (t) . Suppose one wanted to use cumulative past movie appearances of the entire cast of a movie as a proxy for CastAwareness. Which of the following conditions would not be one required for this to be an adequate proxy variable?

• A) CumulativePastMovieAppearances to be correlated with CastAwareness.
• B) HolidaySeason, CastAwareness, and CumulativePastMovieAppearances to be uncorrelated with "other factors" (U_it).
• C) CastAwareness to be uncorrelated with HolidaySeason.
• D) HolidaySeason and CumulativePastMovieAppearances to be uncorrelated with "other factors" affecting CastAwareness.

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Definitions:

Stereotypical Thinking

The tendency to categorize individuals or groups into simplistic and fixed categories without allowance for individual variation or complexity.

Propinquity

The physical or psychological proximity between people, which influences their likelihood to form relationships or friendships.

Reciprocity

A mutual exchange of privileges or interactions between parties, often seen as a foundational principle in social relationships.

Dispositional Attributions

The tendency to attribute someone's behavior to their personal characteristics, rather than to situational factors.