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

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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. 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, the highest mean weekend box office revenue is predicted to occur with $55 thousand spent on TV advertisement and at least 25 advertisement appearances a day.
-Referring to SCENARIO 14-4, the highest mean weekend box office revenue is predicted to occur with $55 thousand spent on TV advertisement and at least 25 advertisement appearances a day.


Definitions:

Succession

The process by which ecosystems change and develop over time, often following a disturbance.

Climate

Average weather conditions, plus extremes (records), that occur in a given place over a period of years.

Species Richness

The number of different species represented in an ecological community, landscape or region.

Freshwater

Water that contains minimal amounts of dissolved salts (salinity), found in rivers, lakes, streams, and ponds, supporting a diverse range of life.

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