ECO 3411 exam 3 UCF (2015)

The firm you work for has been hired by a Hollywood film producer so that she can make a data drivendecision about a potential movie. Your task is to interpret and apply the results of a model produced bythe “quants”, and be ready to help prepare your boss for her presentation to the client. As you go throughthe analysis, keep in mind that the overall goal of this project is to assist the producer on budgetallocations, selection of a director, and anything else that can help with making decisions. The produceridentified the following variables as the most important factors in determining box office receipts. The“quants” collected the data and provided you with a spreadsheet, which can be found on the WebcoursesHome Page. Unfortunately the quants didn't test the model's performance, so you'll have to do that yourself.