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Would like assistance on my stats assignment, all excel work should be copied onto a word document please. Thank you so much NOTE1: Please note that in parts h) and i) you can assume...

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Would like assistance on my stats assignment, all excel work should be copied onto a word document please.
Thank you so muchNOTE1: Please note that in parts h) and i) you can assume E(y0|x0)=exp{E(log(y0|x0))}. That is, you can use the exponentated log prediction as the actual point prediction you are asked to find. [More detail: In forecasting there is an issue with the taking the expectation of a log (non-linear) transformation to recover the underlying prediction of interest. In particular, E[log(Y|X)] does not equal log E(Y|X). Depending upon assumptions a correction factor may be used, but without this there is no consensus on the 'best' way to handle this problem].
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ECMT1020 Written Assignment Due 2pm Friday June 7, 2013 Instructions ? In order to complete this assignment, you will need the data set ‘Film data.xls’. ? This assignment must be done alone and is worth 10% of your final mark. ? You will be marked on the correctness of your answers as well as presentation. ? The assignment must be submitted both electronically and by hard-copy. The hard-copy version is to be submitted into the assignment boxes on level 2 of the Merewether Building. The electronic version must be submitted via the University Learning Management System (see 3 minute online tutorial for further details). ? Please submit only one single MS Word (or PDF) file. Do not submit multiple files. In particular, DO NOT submit MS Excel files. ? Late assignments will be penalised 20% of full marks per day and must be sent directly to the lecturer. ? You should familiarise yourself with the University’s policies regarding academic honesty and plagiarism and understand the following declaration: By submitting an assignment through the University Learning Management System, 1. I certify that: I have read and understood the University of Sydney Academic Dishonesty and Plagiarism Policy; 2. I understand that failure to comply with the above can lead to the University commencing proceedings against me for potential student misconduct under Chapter 8 of the University of Sydney By-Law 1999 (as amended); 3. This Work is substantially my own, and to the extent that any part of this Work is not my own, I have indicated that it is not my own by acknowledging the source of that part or those parts of the Work. 4. I declare that this assignment is original and has not been submitted for assessment elsewhere, and acknowledge that the assessor of this assignment may, for the purpose of assessing this assignment: a) Reproduce this assignment and provide a copy to another member of Faculty; and/or b) Communicate a copy of this...

Answered Same Day Dec 29, 2021

Solution

Robert answered on Dec 29 2021
119 Votes
a) Scatter Plot between Revenue and Budget is as given below:


Scatter Plot of Revenue v/s Screens is as given below:



The Co
elation Matrix for the three variables is as given below:

Co
elations
REVENUE BUDGET SCREENS
REVENUE Pearson Co
elation 1 .518 .745
BUDGET Pearson Co
elation .518 1 .685
SCREENS Pearson Co
elation .745 .685 1
) Regression with Revenue as dependent variable and Budget and Screens as
independent variables is as follows:
Model Summary
Model R R Square
Adjusted R
Square
Std. E
or of the
Estimate
1 .745
a
.555 .554 4879108.119
ANOVA

Model Sum of Squares df Mean Square F Sig.
1 Regression 2.932E16 2 1.466E16 615.821 .000
a

Residual 2.354E16 989 2.381E13
Total 5.286E16 991
Coefficients
a

Model
Unstandardized Coefficients
Standardized
Coefficients
t Sig. B Std. E
or Beta
1 (Constant) -3.644E6 356720.901 -10.216 .000
BUDGET .003 .005 .015 .529 .597
SCREENS 56394.411 2237.948 .734 25.199 .000
a. Dependent Variable: REVENUE
The regression line is as follows:
Revenue = -3.64 * 10
6
+ .003* Budget + 56394.411*Screens
It can be seen that regression coefficient for Budget is not significant as p value for t statistic
is more than 0.05. Regression coefficient for Screens is significant at 5% level of
significance. This shows that a one unit change in Screens leads to a 56394.411 units change
in Revenue.
c) Scatter Plot of Residuals v/s Budget is as given below:

Scatter Plot of Residual v/s Screens is as given:

Histogram of standardized Residuals is given below:
From the histogram we can observe that Residuals do not follows Normal Distribution thus
the assumption of normality is violated. From the Scatter plot of Residuals v/s Screens and
Budget, it can be seen that there are many outliers. Thus the non normality of residuals could
e due to outliers.
d) Now, we transform the variables and take the natural logarithms and obtain the
egression line as follows:
ANOVA

Model Sum of Squares df Mean Square F Sig.
1 Regression 238.858 2 119.429 305.479 .000
a

Residual 386.656 989 .391
Total 625.515 991
a. Predictors: (Constant), LnScr,...
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