Run a multiple regression where the dependent variable is ra

Run a multiple regression where the dependent variable is ratings and the independent variables are star and fact. Use data from CBC only. CBC Management has several questions:

a. Which has more impact on a movie’s rating: being fact based or having one star? How much does each of these factors change the ratings?

Give appropriate explanation of whether the movie includes a star or whether it is fact based has more impact on a movie’s rating.

b. How well does this regression analysis explain the ratings? Justify your answers referring to the relevant figures.

Give explanation of how well this regression analysis explains the ratings.

c. Are either, both, or neither of the independent variables significantly related to the ratings at 95% confidence? Justify your answers referring to the relevant figures.

Give accurate identification and justification of which variables are significantly related to ratings.

Solution