À movie studio wishes to determine the relationship between the revenue from rental of DVDS and videotapes of comedies and the revenue generated from the Español theatrical release of such movies. The studio has the following bivariate data from a sample of fifteen comedies released over the past five years. These data give the revenue x from theatrical release (in millions of dollars) and the revenue y from DVD and videotape rentals (in millions of dollars) for each of the fifteen movies. The data are displayed in the Figure 1 scatter plot. Theater Rental revenue, x (in millions of (in millions of dollars) revenue, y dollars) 66.4 9.7 6.1 2.1 18+ 45.1 6.4 16+ 27.7 12.1 14+ 15.9 1.9 12 61.7 9.3 10+ 20.3 4.8 6 28.1 3.2 49.4 15.8 24 x 13.9 9.9 30.2 5.0 25.7 9.6 Theater revenue (in millions of dollars) 26.1 6.6 Figure 1 60.1 15.7 36.1 12.5 Send data to calculatnr Sond data to Excel Rental revenue (in millions of dollars)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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100%
Theater revenue
(in millions of dollars)
26.1
6.6
Figure 1
60.1
15.7
36.1
12.5
Send data to calculator
Send data to Excel
The least-squares regression line for these data has a slope of approximately 0.15.
Answer the following. Carry your intermediate computations to at least four decimal places, and round your answers as specified below. (If necessary, consult a
list of formulas.)
(a) What is the value of the y-intercept of the least-squares regression line for these data?
Round your answer to at least two decimal places.
(b) What is the value of the sample correlation coefficient for these data?
Round your answer to at least three decimal places,
Transcribed Image Text:Theater revenue (in millions of dollars) 26.1 6.6 Figure 1 60.1 15.7 36.1 12.5 Send data to calculator Send data to Excel The least-squares regression line for these data has a slope of approximately 0.15. Answer the following. Carry your intermediate computations to at least four decimal places, and round your answers as specified below. (If necessary, consult a list of formulas.) (a) What is the value of the y-intercept of the least-squares regression line for these data? Round your answer to at least two decimal places. (b) What is the value of the sample correlation coefficient for these data? Round your answer to at least three decimal places,
A movie studio wishes to determine the relationship between the revenue from rental of DVDS and videotapes of comedies and the revenue generated from the
theatrical release of such movies. The studio has the following bivariate data from a sample of fifteen comedies released over the past five years. These data
give the revenue x from theatrical release (in millions of dollars) and the revenue y from DVD and videotape rentals (in millions of dollars) for each of the fifteen
movies. The data are displayed in the Figure 1 scatter plot.
Español
Theater
Rental
revenue, x
(in millions of
dollars)
revenue, y
(in millions of
dollars)
66.4
9.7
6.1
2.1
18 +
45.1
6.4
16+
Aa
27.7
12.1
14+
15.9
1.9
12+
61.7
9.3
10+
20.3
4.8
28.1
3.2
4
49.4
15.8
13.9
9.9
20 30
30.2
5.0
0.
10
40
50
60
70
25.7
9.6
Theater revenue
(in millions of dollars)
26.1
6.6
Figure 1
60.1
15.7
36.1
12.5
Send data to calculator
Send data to Excel
Rental revenue
(in millions of dollars)
Transcribed Image Text:A movie studio wishes to determine the relationship between the revenue from rental of DVDS and videotapes of comedies and the revenue generated from the theatrical release of such movies. The studio has the following bivariate data from a sample of fifteen comedies released over the past five years. These data give the revenue x from theatrical release (in millions of dollars) and the revenue y from DVD and videotape rentals (in millions of dollars) for each of the fifteen movies. The data are displayed in the Figure 1 scatter plot. Español Theater Rental revenue, x (in millions of dollars) revenue, y (in millions of dollars) 66.4 9.7 6.1 2.1 18 + 45.1 6.4 16+ Aa 27.7 12.1 14+ 15.9 1.9 12+ 61.7 9.3 10+ 20.3 4.8 28.1 3.2 4 49.4 15.8 13.9 9.9 20 30 30.2 5.0 0. 10 40 50 60 70 25.7 9.6 Theater revenue (in millions of dollars) 26.1 6.6 Figure 1 60.1 15.7 36.1 12.5 Send data to calculator Send data to Excel Rental revenue (in millions of dollars)
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