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:

Cell A3

A reference to a specific cell in a spreadsheet located at the intersection of column A and row 3, commonly used to input or reference data.

Trendline

A graphical representation showing the main direction or trend of data over a period of time, often used in charts to analyze patterns.

Trendlines

Graphical representations in data analysis that show the general direction or trend of data points over a period of time.

Formula Auditing Group

A collection of tools in spreadsheet applications that assist users in examining and troubleshooting the formulas in a worksheet.