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Data Weekly Gross Revenue ($1000s) 96 90 95 92 95 94 94 94 Televison Advertising ($1000s) 5.0 Newspaper Advertising ($1000s) 1.
Refer to Chapter 15 accompanying datafile [Showtime] in your required textbook. Please read this test question carefully as the content may have changed. e owner of Showtime Movie Theatres, Inc., would like to estimate weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks is listed in the datafile accompanying this problem.
Develop an estimated regression equation with the amount of television advertising as the only independent variable.
a.y hat = 88.6 + 1.6x
b.y hat = 1.30 + 2.29x1 + 83.23x2
c.y hat = 83.23x1 + 2.29x2 + 1.30
d.None of the above
