Least square regression and coefficient of determination

Reference no: EM1319875

Below are revenue and profit (both in $ billions) for nine large entertainment companies.

Fit the regression, with fitted equation and R². Entertainment

Revenue and Profit of Nine Entertainment Companies
Company	Revenue	Profit
AMC Entertainment	1.792	-0.020
Clear Channel Communication 8.931	1.146
Liberty Media	2.446	-0.978
Metro-Goldwyn-Mayer	1.883	-0.162
Regal Entertainment Group	2.490	0.185
Time Warner	43.877	2.639
Univision Communications	1.311	0.155
Viacom	26.585	1.417
Walt Disney	27.061	1.267

Reference no: EM1319875

Questions Cloud

Strategy to set up an import function : Imagine you own a small computer hardware company. From the e-Activity, design an overall strategy to set up an import function in your company. Determine the two essential elements your plan must have and why you selected these two.

Margin of error based on the single population mean : Summarize the relationship between sample size and confidence level.

Graphical display relationship between variable-scatter plot : Below are revenue and profit (both in $ billions) for nine large entertainment companies.

Calculate the mean and variance of profit : Calculate the mean and variance of profit where the mean and variance for the number of units produced are 500 & 900 respectively.

Least square regression and coefficient of determination : Below are revenue and profit (both in $ billions) for nine large entertainment companies.

Calculating the probability values : Calculating the probability values

Developing a linear regression model using the given data : Develop a linear regression model for these data and forecast carpet sales if 30 construction permits for new homes are filed.

Normal distribution with mean and variance : Normal distribution with mean and variance

Determining the strength of given data using correlation : Determine the strength of the causal relationship between monthly sales and new home construction by using correlation.

User Account

All Pages