(Solved) : Dixie Showtime Movie Theaters Inc Owns Operates Chain Cinemas Several Markets Southern Us Q31407012 . . . .

Dixie Showtime Movie Theaters, Inc., owns and operates a chainof cinemas in several markets in the southern U.S. The owners wouldlike to estimate weekly gross revenue as a function of advertisingexpenditures. Data for a sample of eight markets for a recent weekfollow.

  MarketWeekly GrossRevenue
($100s)TelevisionAdvertising
($100s)Newspaper Advertising
($100s)  Mobile102.55.11.6  Shreveport52.73.23.0  Jackson75.84.01.5  Birmingham127.84.34.0  Little Rock137.83.54.3  Biloxi101.43.62.3  New Orleans237.85.08.4  Baton Rouge219.66.95.8(a)Use the data to develop anestimated regression equation with the amount of televisionadvertising as the independent variable.Let x represent the amountof television advertising.If required, round your answers tothree decimal places. For subtractive or negative numbers use aminus sign even if there is a + sign before the blank. (Example:-300)=   +   xTest for a significant