Discuss the importance of data : The Data set for the Course

The video tutorial explains how to use a regression tree to predict movie collections using a dataset of 506 movies. The dataset contains 18 variables, with 'collection' as the dependent variable and 17 predictor variables. The tutorial details the types of variables, including quantitative and qualitative, and outlines the process of creating a predictive model. The next video will cover importing data into software for model creation.

What is the dependent variable in the dataset used for building the regression tree?

• Marketing expense

• Budget

• Production expense

• Collection

How many movies are included in the dataset?

• 506

• 507

• 508

• 509

What is the purpose of creating a model using this dataset?

• To determine the number of multiplexes

• To estimate the box office collection

• To forecast the production costs

• To predict the marketing expenses

Which of the following is NOT a quantitative variable in the dataset?

• Budget

• 3D available

• Production expense

• Marketing expense

What are the categories of the 'genre' variable in the dataset?

• Biography, Crime, Family, Musical

• Thriller, Drama, Comedy, Action

• Horror, Romance, Sci-Fi, Fantasy

• Adventure, Mystery, Documentary, Animation