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

question 48

Short Answer

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,what percentage of the variation in weekend box office revenue can be explained by the amount spent on TV advertising and the number of times a day the advertisement appear on TV?

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Training Design

The process of creating a training program, including its structure, content, materials, and methods to effectively impart knowledge and skills.

Work Environment

The setting or physical and psychological conditions under which employees work, influencing their satisfaction, performance, and wellbeing.

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The effective application of skills, knowledge, or competencies acquired during training to the job environment.

Training Transfer

The act of successfully applying the competencies, knowledge, and skills gained from a training program to daily tasks and responsibilities in a work setting.