Movie |
Twitter Activity |
Receipts |
The Devil Inside |
219509 |
14763 |
The Dictator |
6405 |
5796 |
Paranormal Activity 3 |
165128 |
15829 |
The Hunger Games |
579288 |
36871 |
Bridesmaids |
6564 |
8995 |
Red Tails |
11104 |
7477 |
Act of Valor |
9152 |
8054 |
a) What is the independent variable (X) and what is the dependent variable (y)
b) Write a null and alternative hypothesis statement
c) What is the R-squared value and interpret it’s meaning?
(a)
Here, independent variable is Twitter Activity, because it does not depend on another variable and the dependent variable is Receipts Because it does not depend on Twitter Activity.
(b)
The hypotheses are given below:
Null hypothesis:
H0: there is no relationship between Twitter Activity and Receipts.
Alternative hypothesis:
Ha: there is relationship between Twitter Activity and Receipts.
(c)
Step-by-step procedure to obtain the R-squared value using Excel:
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