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.

---

Definitions:

Protein Synthesis

Protein synthesis is the process by which cells build proteins, involving transcription of DNA to mRNA and translation of mRNA to amino acids chains.

Neurons

The basic working units of the brain, specialized cells that transmit nerve impulses.

Cell Bodies

The part of a neuron that contains the nucleus and most of the cytoplasm, serving as the neuron's metabolic center.

Motor Division

The component of the nervous system that includes all the nerves controlling the muscular system and external movements.