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What is Rental and DVD Revenue Predictions about?

1. A real estate agent wants to predict rental costs based on apartment size. A linear regression model found the predicted rent is $177.1208 + $1.0651 per square foot. For a 1,000 square foot apartment, predicted rent is $1,242.22. 2. A DVD company wants to predict sales revenue based on box office gross. A linear regression model found the predicted revenue is $10.4730 + $0.3839 per million of box office gross. For a movie with $75 million box office, predicted DVD revenue is $28,792,510.47.

Author

Peng Guin

Language

EN