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

question 58

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 appears on TV?

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Definitions:

Carbon Monoxide

A colorless, odorless, and tasteless gas that is toxic to humans and animals when encountered in higher concentrations.

Oxygen

A chemical element (O) essential for most forms of life on Earth, critical for cellular respiration in organisms.

Zinc

A chemical element with symbol Zn and atomic number 30, it is a necessary mineral for human health, involved in various biochemical processes.

Iron

A chemical element with symbol Fe and atomic number 26, known for its metallic properties and crucial role in biological processes like oxygen transport in hemoglobin.