Monday

September 15, 2014

September 15, 2014

Posted by **Debbie** on Wednesday, July 16, 2008 at 6:01pm.

A security analyst specializing in the stocks of the motion picture industry the relation between the number of movie theater tickets sold in December and the annual level of earnings in the motion picture industry. Time-series data for the last 15 years are used to estimate the regression model. E = a + bN where E is total earnings of the motion picture industry measured in dollars per year and N is the number of tickets sold in December. The regression output is as follows:

DEPENDENT VARIABLE: E

R-SQUARE

F-RATIO

P-VALUE ON F

OBSERVATIONS: 15

0.8311

63.96

0.0001

VARIABLE

PARAMETER ESTIMATE

STANDARD ERROR

T-RATIO

P-VALUE

INTERCEPT

25042000.00

20131000.00

1.24

0.2369

N

32.31

8.54

3.78

0.0023

How well do movie ticket sales in December explain the level of earnings for the entire year? Present statistical evidence to support your answer. Also, sales of movie tickets in December are expected to be approximately 950,000. According to this regression analysis, what do you expect earnings for the year to be? Prior to this analysis, the estimate for annual earnings is $48 million. Is this evidence strong enough for you to consider a improving the current recommendation for the motion picture industry? Explain. Respond to at least two of your fellow students’ postings

- Managerial Economics- need help -
**Mario**, Wednesday, July 29, 2009 at 11:39pmBasic Estimating - Week 2

A security analyst specializing in the stocks of the motion picture industry the relation between the number of movie theater tickets sold in December and the annual level of earnings in the motion picture industry. Time-series data for the last 15 years are used to estimate the regression model. E = a + bN where E is total earnings of the motion picture industry measured in dollars per year and N is the number of tickets sold in December. The regression output is as follows:

DEPENDENT VARIABLE: E R-SQUARE F-RATIO P-VALUE ON F

OBSERVATIONS: 15 0.8311 63.96 0.0001

VARIABLE PARAMETER ESTIMATE STANDARD ERROR T-RATIO P-VALUE

INTERCEPT 25042000.00 20131000.00 1.24 0.2369

N 32.31 8.54 3.78 0.0023

How well do movie ticket sales in December explain the level of earnings for the entire year? Present statistical evidence to support your answer. Also, sales of movie tickets in December are expected to be approximately 950,000. According to this regression analysis, what do you expect earnings for the year to be? Prior to this analysis, the estimates for earnings in December are $48 million. Is this evidence strong enough for you to consider a improving the current recommendation for the motion picture industry? Explain.

**Answer this Question**

**Related Questions**

estimating - A security analyst specializing in the stocks of the motion picture...

managerial economics - I have no idea what e=a+bn E is the total earnings of the...

Algebra - A movie theater manager wants to know how many adults and how many ...

math - for an annual fee of $30 you can join a movie club that will allow you to...

Economics - Suppose that a movie theater owner faces the demand curve given by P...

ratio - 30% of the tickets sold by a movie theater for the Friday night show ...

math - 30% of the tickets sold by a movie theater for the Friday night show were...

algebra - A movie theater has 400 seats. Tickets at the theater cost $8 for ...

managerial economics - There is a regression model. E= a+bn. Where E is total ...

managerial economics - Twenty first century electronics has discovered a theft ...