Express least square regression equation


Least square regression equation and coefficient of determination.

Below are revenue and profit (both in $ billions) for nine large entertainment companies.

Fit regression, with fitted equation and R2. Entertainment

Revenue and Profit of Nine Entertainment Companies

Company

Revenue

Profit

AMC Entertainment

1.792

-0.020

Clear Channel Communication 8.931

1.146

 

Liberty Media

2.446

-0.978

Metro-Goldwyn-Mayer

1.883

-0.162

Regal Entertainment Group

2.490

0.185

Time Warner

43.877

2.639

Univision Communications

1.311

0.155

Viacom

26.585

1.417

Walt Disney

27.061

1.267

 

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Basic Statistics: Express least square regression equation
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