TABLE 13- 11 a Company That Has the Distribution RightsANOVA-Referring to Table 13-11, There Is Sufficient Evidence That Box

The Answer of TABLE 13- 11 a Company That Has the Distribution RightsANOVA-Referring to Table 13-11, There Is Sufficient Evidence That Box

TABLE 13- 11 a Company That Has the Distribution RightsANOVA-Referring to Table 13-11, There Is Sufficient Evidence That Box

The Answer of TABLE 13- 11 a Company That Has the Distribution RightsANOVA-Referring to Table 13-11, There Is Sufficient Evidence That Box

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TABLE 13- 11
a Company That Has the Distribution Rights

question 189

True/False

TABLE 13- 11
A company that has the distribution rights to home video sales of previously released movies would like to use the box office gross (in millions of dollars) to estimate the number of units (in thousands of units) that it can expect to sell. Following is the output from a simple linear regression along with the residual plot and normal probability plot obtained from a data set of 30 different movie titles:
$\begin{array}{l}\text { Regression Statistics }\\\begin{array} { l c } \hline \text { Multiple R } & 0.8531 \\\text { RSquare } & 0.7278 \\\text { Adjusted R Square } & 0.7180 \\\text { Standard Error } & 47.8668 \\\text { Observations } & 30\end{array}\end{array}$
ANOVA
$\begin{array}{lrrrrr}\hline &\text { d f}& \text { SS } & \text { MS } & \text {F }& \text {Significance F} \\\hline \text {Regression }& 1 & 171499.78 & 171499.78 & 74.8505 & 2.1259E-09 \\\text {Residual} & 28 & 64154.42 & 2291.23 & & \\\text {Total} & 29 & 235654.20 & & & \\\hline\end{array}$

$\begin{array}{lrrrrrr}\hline & \text {Coefficients }& \text { Standard Error}& \text { t Stat }& \text { p -value }& \text {Lower 95\% }& \text {Upper 95\% }\\\hline \text { Intercept }& 76.5351 & 11.8318 & 6.4686 & 5.24 \mathrm{E}-07& 52.2987 & 100.7716 \\ \text {Gross} & 4.3331 & 0.5008 & 8.6516 & 2.13 \mathrm{E}-09 & 3.3072 & 5.3590 \\\hline\end{array}$

$TABLE 13- 11 A company that has the distribution rights to home video sales of previously released movies would like to use the box office gross (in millions of dollars) to estimate the number of units (in thousands of units) that it can expect to sell. Following is the output from a simple linear regression along with the residual plot and normal probability plot obtained from a data set of 30 different movie titles: \begin{array}{l} \text { Regression Statistics }\\ \begin{array} { l c } \hline \text { Multiple R } & 0.8531 \\ \text { RSquare } & 0.7278 \\ \text { Adjusted R Square } & 0.7180 \\ \text { Standard Error } & 47.8668 \\ \text { Observations } & 30 \end{array} \end{array} ANOVA \begin{array}{lrrrrr} \hline &\text { d f}& \text { SS } & \text { MS } & \text {F }& \text {Significance F} \\ \hline \text {Regression }& 1 & 171499.78 & 171499.78 & 74.8505 & 2.1259E-09 \\ \text {Residual} & 28 & 64154.42 & 2291.23 & & \\ \text {Total} & 29 & 235654.20 & & & \\ \hline\end{array} \begin{array}{lrrrrrr} \hline & \text {Coefficients }& \text { Standard Error}& \text { t Stat }& \text { p -value }& \text {Lower 95\% }& \text {Upper 95\% }\\ \hline \text { Intercept }& 76.5351 & 11.8318 & 6.4686 & 5.24 \mathrm{E}-07& 52.2987 & 100.7716 \\ \text {Gross} & 4.3331 & 0.5008 & 8.6516 & 2.13 \mathrm{E}-09 & 3.3072 & 5.3590 \\ \hline \end{array} -Referring to Table 13-11, there is sufficient evidence that box office gross and home video unit sales are linearly related at a 5% level of significance.$ $TABLE 13- 11 A company that has the distribution rights to home video sales of previously released movies would like to use the box office gross (in millions of dollars) to estimate the number of units (in thousands of units) that it can expect to sell. Following is the output from a simple linear regression along with the residual plot and normal probability plot obtained from a data set of 30 different movie titles: \begin{array}{l} \text { Regression Statistics }\\ \begin{array} { l c } \hline \text { Multiple R } & 0.8531 \\ \text { RSquare } & 0.7278 \\ \text { Adjusted R Square } & 0.7180 \\ \text { Standard Error } & 47.8668 \\ \text { Observations } & 30 \end{array} \end{array} ANOVA \begin{array}{lrrrrr} \hline &\text { d f}& \text { SS } & \text { MS } & \text {F }& \text {Significance F} \\ \hline \text {Regression }& 1 & 171499.78 & 171499.78 & 74.8505 & 2.1259E-09 \\ \text {Residual} & 28 & 64154.42 & 2291.23 & & \\ \text {Total} & 29 & 235654.20 & & & \\ \hline\end{array} \begin{array}{lrrrrrr} \hline & \text {Coefficients }& \text { Standard Error}& \text { t Stat }& \text { p -value }& \text {Lower 95\% }& \text {Upper 95\% }\\ \hline \text { Intercept }& 76.5351 & 11.8318 & 6.4686 & 5.24 \mathrm{E}-07& 52.2987 & 100.7716 \\ \text {Gross} & 4.3331 & 0.5008 & 8.6516 & 2.13 \mathrm{E}-09 & 3.3072 & 5.3590 \\ \hline \end{array} -Referring to Table 13-11, there is sufficient evidence that box office gross and home video unit sales are linearly related at a 5% level of significance.$

-Referring to Table 13-11, there is sufficient evidence that box office gross and home video unit sales are linearly related at a 5% level of significance.

Definitions:

Norm Intensity

The degree to which a norm is accepted and enforced within a group or organization, affecting members' behaviors and attitudes.

Cohesiveness

The degree to which members of a group or team are united in pursuing common goals and how well they bond with each other.

Social Behaviour

Actions among individuals, shaped by social norms, cultures, and societal structures, that affect and are affected by others.