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

question 40

True/False

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.
Business Analytics 17-15
-True or False: Referring to Scenario 17-4, the first split occurs at 25 TV appearances a day of
the advertisement.

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Definitions:

Workforce

The group of people who are engaged in or available for work, either in a country or in a specific sector.

Referral Interview

An informational conversation with someone referred by a contact who can provide insights into a job, company, or industry.

Field Of Work

The specific sector or industry where an individual is employed or has expertise.

Day-To-Day Work

Regular, routine tasks and responsibilities that are part of an individual's daily job or life activities.