Suppose you estimate the following regression of a Movie's ticket sales and the season of year (Summer =1 if in May, June, July, August, =0 otherwise) that movie's initial release was in: Sales = 295,342 + 40.24 Summer. You are willing to believe you have a random sample of store locations, and a sufficiently large sample size. Which statements are well justified by the regression results?
A. Moving the scheduled release of a movie from the winter to the summer will increase its sales by 40.24.
B. Movies released in the summer tend to have higher ticket sales.
C. Moving the Jurassic World release date to Christmas instead of 4th of July weekend, would have resulted in ticket sales of 295,342.
D. Promotional activities increase the number of movie tickets sold holding other factors fixed.
Answer: B
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