isted below are paired data consisting of movie budget amounts and the amounts that the movies...
isted below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regression equation, letting the budget be the predictor (x) variable. Find the best predicted amount that a movie will gross if its budget is
$110
million. Use a significance level of
α=0.05.
|
Budget ($)in Millions |
46 |
27 |
117 |
70 |
79 |
47 |
120 |
68 |
3 |
60 |
126 |
23 |
9 |
147 |
1 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Gross ($) in Millions |
122 |
16 |
98 |
64 |
130 |
117 |
97 |
90 |
53 |
95 |
215 |
25 |
24 |
295 |
44 |
LOADING...
Click the icon to view the critical values of the Pearson correlation coefficient r.
The regression equation is
y=nothing+nothingx.
(Round to one decimal place as needed.)
The best predicted gross for a movie with a
$110
million budget is
$nothing
million.
Homework Answers
The regression equation is
y^ =20.1+1.3*x
| predicted val=20.1+110*1.3= | 163.1 | |
(please try 163 if required to whole number)
Add Answer to:
isted below are paired data consisting of movie budget amounts
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Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed Find the regression equation, letting the budget be the predictor (x) variable. Find the best predicted amount that a movie will gross if its budget is $105 million. Use a significance level of a 0.05 Budget (S)in Millions Gross (S) in Millions 41 18 111 70 70 57 121 68 11 64 122 17 13 147 50 113 18 105 64 114 116...
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Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed Find the regression equation, letting the budget be the predictor (x) variable. Find the best predicted amount that a movie will gross if its budget is $105 million. Use a significance level of a 0.05 Budget (S)in Millions Gross (S) in Millions 41 18 111 70 70 57 121 68 11 64 122 17 13 147 50 113 18 105 64 114 116...
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