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

question 31

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 highest mean weekend box office revenue is
predicted to occur with $30 thousand spent on TV advertisement and 30 advertisement
appearances a day.

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Definitions:

Population Density

The measure of the number of people living per unit of area, commonly expressed as people per square kilometer or square mile.

Central City

The core or downtown area of a city where there is a concentration of business, entertainment, and government activities.

Crowded

Describes a condition or area characterized by being densely filled with people or objects, often leading to discomfort or restricted movement.

Dark Sky Preserve

An area, usually a park or conservation area, designated to be kept free of artificial light pollution to promote astronomy and protect nocturnal wildlife.