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SCENARIO 17-4 The Regression Tree Below Was Obtained for Predicting the Weekend

question 35

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SCENARIO 17-4
The regression tree below was obtained for predicting the weekend box office revenue of a newly released movie (in thousands of dollars)based on data collected in different cities on the expenditure (at $25,$30,$35,$40,$45,$50,$55,$60,$65 or $70 thousand)spent on TV advertising and the number of times (10,15,20,25,30 or 35)a day the advertisement appear on TV.
SCENARIO 17-4 The regression tree below was obtained for predicting the weekend box office revenue of a newly released movie (in thousands of dollars)based on data collected in different cities on the expenditure (at $25,$30,$35,$40,$45,$50,$55,$60,$65 or $70 thousand)spent on TV advertising and the number of times (10,15,20,25,30 or 35)a day the advertisement appear on TV.    -Referring to Scenario 17-4,the first split occurs at 25 TV appearances a day of the advertisement.
-Referring to Scenario 17-4,the first split occurs at 25 TV appearances a day of the advertisement.


Definitions:

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A fundamental concept in Buddhism, highlighting the pervasive nature of suffering in human life as the first of the Four Noble Truths.

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A conceptual path that seeks a balanced approach or compromise between two extreme positions.

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