Reference: Ref 7-3 (Figure: Hollywood Stock Exchange) the Data Points

question 122

Multiple Choice

Reference: Ref 7-3 (Figure: Hollywood Stock Exchange) The data points in the figure represent the opening revenue for movies plotted against their predicted opening revenues according to the Hollywood Stock Exchange (HSX) . Most of them fall along the 45-degree line. What does this suggest?

• A) The HSX does not do a good job predicting movie revenue.
• B) On average, most movies do worse than their HSX predictions.
• C) On average, the HSX accurately predicts movie revenues.
• D) On average, most movies do better than their HSX predictions.

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