Below is the data for the top 10 all-time top earning movies and their percent o
ID: 3049818 • Letter: B
Question
Below is the data for the top 10 all-time top earning movies and their percent of favorable reviews by each of the groups. Which of the variables in the table would be considered explanatory and which would be considered a response? Which variables are neither? Justify your answers.
Classify each of the 3 variables as either nominal, rank, interval, or ratio. Justify your answer. Rank Movie Cream of the Crop 83.22% 87.35% 92.41% 93.71% 56.91% 94.03% 86.78% 88.94% 97.87% 54.09% General Audiences 92.68% 81.82% 84.44% 91.30% 38.00% 88.24% 75.56% 87.80% 94.44% 39.02% Revenues 1 Avatar (Fox) 2 Titanic (Paramount) 3 Marvel's The Avengers (Disney) 4 The Dark Knight (Warner Bros.) 5 Star Wars: Episode I - The Phantom Menace (Fox) 6 Star Wars (Fox) 7 The Dark Knight Rises (Warner Bros.) 8 Shrek 2 (DreamWorks) 9 E.T.: The Extra-Terrestrial (Universal) $760,507,625 $658,672,302 $623,357,910 $534,858,444 474,544,249 460,998,882 448,139,099 441,226,414 435,110,890 $423,315,199 10 Pirates of the Caribbean: Dead Man's Chest (Disney)
Explanation / Answer
dependent and independent variables
revenue is considered as the dependent variable.
independent variables are cream of the crop and general audiences.
movie is neither dependent nor independent variable.
I want to predict revenue on the basis of cream of the crop and general audiences.
measurement of scale
movie: nominal
revenue: ratio
cream of the crop: ordinal
general audiences: ratio
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