Question 13 3.1570 points Save Anawer Suppose we fit the simple linear regreasio

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Question 13 3.1570 points Save Anawer Suppose we fit the simple linear regreasion model verue A Bi (Bbudget)+ to data on the box office revenue revenue) in miliora of doliars and production budget 'budget), also in millions of dollars, for a random sample of 120 movies. Using software such as Exoel we could get the folilowing estimated reventue bo +b,(budget) In context, the interoopt, Do , would estimate O a the standard deviation of bax office revenue for a given production budget O b. the increase in the mean revenue for a lm for each additional million dollars of budget Oc. the proportion of movies with a rovenue above the mean of all box office revenues O d. the mean box office revenue for a given production budget O e. the mean box office revenue when a movie has a production budget of 0. Question 13 of 20 Moving to another question will save this reeponse. MacBook Pro

Explanation / Answer

ere as bo is the intercept which predicts response variable in absence of independent variable effect

hence option e is correct

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