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
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
from theatrical release (in millions of dollars) and the revenue
from DVD and videotape rentals (in millions of dollars) for each of the fifteen movies. The data are displayed in the Figure 1
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The value of the sample
a. What is the value of the slope 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 y-intercept of the least-squares regression line for these data? Round your answer to at least two decimal places.
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