Can you use twitter activity to forecast box office receipts on the

Can you use Twitter activity to forecast box office receipts on the opening weekend? The data are stored in TwitterMovies.
A) Use the least-squares method to compute the regression coefficients b0 and b1.


B) Interpret the meaning of b0 and b1 in this problem.

C) Predict the receipts for a movie that has a Twitter activity of 100,000.

D) Should you use the model to predict the receipts for a movie that has a Twitter activity of 1,000,000? Why or Why not?

E) Determine the coefficient of determination, r2, and explain its meaning in this problem.

F) Perform a residual analysis. Is there any evidence of a linear relationship between Twitter
activity and receipts?
G) At the 0.05 level of significance, is there any evidence of a linear relationship between Twitter activity and receipts?

H) Construct a 95% confidence interval estimate of the mean receipts for a move that has a Twitter activity of 100,000 and a 95% prediction interval of the receipts for a single movie that has a Twitter activity of 100,000.


I) Based on the results of (a) through (h), do you think that Twitter activity is a useful predictor of receipts on the first weekend a movie opens? What issues about these data might make you
hesitant to use Twitter activity to predict receipts? 

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10