A company that holds the DVD distribution rights to movies previously released only in theaters wants to estimate sales revenue of DVDs based on box office success. The box office gross (in Php millions) for each of 22 movies in the year that they were released and the DVD revenue (in Php millions) in the following year are shown below and stored in a. construct a scatter plot. b. assuming a linear relationship, use the least-squares method to determine the regression coefficients b0 and b c. interpret the meaning of the slope, in this problem d. predict the sales revenue for a movie DVD that had a box office gross of Php75 million..1

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 A company that holds the DVD distribution rights to movies previously released only in theaters wants to estimate sales revenue of DVDs based on box office success. The box office gross (in Php millions) for each of 22 movies in the year that they were released and the DVD revenue (in Php millions) in the following year are shown below and stored in

a. construct a scatter plot.

b. assuming a linear relationship, use the least-squares method to determine the regression coefficients b0 and b

c. interpret the meaning of the slope, in this problem

d. predict the sales revenue for a movie DVD that had a box office gross of Php75 million..1

 

 

Title
Gross
DVD Revenue
Bolt
109.92
81.60
Madagascar: Escape
2 Africa
Quantum of Solace
Beverly Hills Chihuahua
Marley and Me
High School Musical 3
Senior Year
177.02
107.54
166.82
44.41
60.21
62.82
93.78
106.66
90.22
58.81
85.54
66.70
48.79
38.78
Bedtime Stories
Role Models
Pineapple Express
Eagle Eye
Fireproof
Momma Mia!
87.34
44.67
101.40
34.88
33.26
31.05
144.13
33.14
Seven Pounds
60.15
27.12
Australia
46.69
28.16
Valkyrie
60.73
26.43
Saw V
56.75
26.10
The Curious Case of
Benjamin Button
Max Payne
Body of Lies
Nights in Rodanthe
Lakeview Terrace
79.30
42.04
25.03
21.45
40.68
39.32
41.80
17.51
39.26
21.08
The Spirit
17.74
18.78
Transcribed Image Text:Title Gross DVD Revenue Bolt 109.92 81.60 Madagascar: Escape 2 Africa Quantum of Solace Beverly Hills Chihuahua Marley and Me High School Musical 3 Senior Year 177.02 107.54 166.82 44.41 60.21 62.82 93.78 106.66 90.22 58.81 85.54 66.70 48.79 38.78 Bedtime Stories Role Models Pineapple Express Eagle Eye Fireproof Momma Mia! 87.34 44.67 101.40 34.88 33.26 31.05 144.13 33.14 Seven Pounds 60.15 27.12 Australia 46.69 28.16 Valkyrie 60.73 26.43 Saw V 56.75 26.10 The Curious Case of Benjamin Button Max Payne Body of Lies Nights in Rodanthe Lakeview Terrace 79.30 42.04 25.03 21.45 40.68 39.32 41.80 17.51 39.26 21.08 The Spirit 17.74 18.78
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