The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of


The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (x1) and newspaper advertising (x2).
Weekly Gross Revenue Television Advertising Newspaper Advertising
97 5.0 2.5
90 2.0 2.0
96 5.0 2.5
93 3.5 2.5
95 3.0 4.3
95 4.5 2.3
94 2.5 5.2
94 3.0 2.5
The estimated regression equation was:


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