managerial economics
posted by joy .
I have no idea what e=a+bn
E is the total earnings of the motion picture industry measured in dollars per year and N is the number of tickes sold in December.
First question:
How well do movie ticket sales in December explain the level of earnings for the entire year? Also, sales of movie tickets in December are expected to be approximately $950000.00. What do i expect earnings for the year to be?

see my post to Cheri above.
Respond to this Question
Similar Questions

Managerial Economics need help
Basic 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 … 
Economics
Suppose that a movie theater owner faces the demand curve given by P=10.001Q where P is the price of a ticket in dollars and Q is the number of tickets sold per week. Suppose that all the cost associated with the theater other than … 
managerial economics
There is a regression model. E= a+bn. Where E is total earnings of the motion pictyre industry measured in dollars per year and N is the number of tickets sold in December. Dependent variable:E R sqaure 08311 F ration 63.96 P value … 
estimating
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. Timeseries data … 
algebra
Q 2: If the ticket agency charges ‘p’ dollars per ticket for a concert, it can sell maximum of (40000 – p) tickets. Find: a. A polynomial to represent the total revenue with a ticket price as p dollars. b. How many tickets will … 
math
Find the number of round trip commuter rail tickets sold. 1.Thirty times as many round trip tickets as 12 ride tickets were sold. 2.The total number of tickets sold represented 1440 rides Example of chart below Rides per ticket x Number … 
Calculus
The total worldwide boxoffice receipts for a longrunning movie are approximated by the following function where T(x) is measured in millions of dollars and x is the number of years since the movie's release. T(x) = (120x^2)/(x^2 … 
math
A movie theater charges $8 per movie ticket. How much would it cost for six people? 
math
A movie theater charges $8 per movie ticket. How much would it cost for six people? 
Math 70
At a county fair, an adult ticket sold for $6.00, a senior citizen’s ticket for $4.50, and a child’s ticket for $2.00. On Friday, the number of adults and senior citizen’s tickets sold was 5 more than the number of children’s …