SCENARIO 14-4 The Regression Tree Below Was Obtained for Predicting the Weekend

question 218

Short Answer

SCENARIO 14-4
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 14-4, how many cities were used in generating the regression tree?

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Definitions:

Actor's Perspective

A viewpoint focusing on the intentions, motivations, and actions of individuals in social or organizational contexts.

Moral Development

Refers to the process through which individuals develop proper attitudes and behaviors toward other people in society, based on social and cultural norms, rules, and laws.

Kohlberg

Refers to Lawrence Kohlberg, a psychologist known for his theory of moral development which proposes that moral reasoning progresses through a series of stages.

Adulthood

The period in human life when an individual is considered legally responsible for their actions and fully developed physically and mentally, often recognized at a specific age by law.