b. Assuming a linear relationship, use the least-squares method to determine the regression coefficients bo and b1. bo = b1 = (Round the value of bo to two decimal places as needed. Round the value of b, to three decimal places as needed.) c. Interpret the meaning of the slope, b,, in this problem. Select the correct choice below and fill in the answer box to complete your choice. (Round to three decimal places as needed.) A. For each increase of 1 million online trailer views, the predicted opening weekend box office gross is expected to increase by S million. B. For each increase in opening weekend box office gross of $1 million, the number of online trailer views is expected to increase by million. C. The approximate online trailer views when the opening weekend box office gross is $0 is million. O D. The approximate predicted opening weekend box office gross when the number of online trailer views is 0 is $ million, d. Predict the mean opening weekend box office gross for a movie that had 35 million online trailer views. million. The predicted mean opening weekend box office gross will be S (Round to two decimal places as needed.) e. What insights can be obtained about predicting opening weekend box office gross from online trailer views? O A. There is no relationship between the number of online trailer views and the mean opening weekend box office gross. O B. As the mean opening weekend box office increases, the number of online trailer views can be expected to decrease. OC. As the number of online trailer views increases, the mean opening weekend box office gross can be expected to decrease. O D. As the number of online trailer views increases, the mean opening weekend box office gross can be expected to increase. O E. As the mean opening weekend box office increases, the number of online trailer views can be expected to increase.
b. Assuming a linear relationship, use the least-squares method to determine the regression coefficients bo and b1. bo = b1 = (Round the value of bo to two decimal places as needed. Round the value of b, to three decimal places as needed.) c. Interpret the meaning of the slope, b,, in this problem. Select the correct choice below and fill in the answer box to complete your choice. (Round to three decimal places as needed.) A. For each increase of 1 million online trailer views, the predicted opening weekend box office gross is expected to increase by S million. B. For each increase in opening weekend box office gross of $1 million, the number of online trailer views is expected to increase by million. C. The approximate online trailer views when the opening weekend box office gross is $0 is million. O D. The approximate predicted opening weekend box office gross when the number of online trailer views is 0 is $ million, d. Predict the mean opening weekend box office gross for a movie that had 35 million online trailer views. million. The predicted mean opening weekend box office gross will be S (Round to two decimal places as needed.) e. What insights can be obtained about predicting opening weekend box office gross from online trailer views? O A. There is no relationship between the number of online trailer views and the mean opening weekend box office gross. O B. As the mean opening weekend box office increases, the number of online trailer views can be expected to decrease. OC. As the number of online trailer views increases, the mean opening weekend box office gross can be expected to decrease. O D. As the number of online trailer views increases, the mean opening weekend box office gross can be expected to increase. O E. As the mean opening weekend box office increases, the number of online trailer views can be expected to increase.
MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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Question
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A box office analyst seeks to predict opening weekend box office gross for movies. Toward this goal, the analyst plans to use online trailer views as a predictor. For each of the 66 movies, the number of online trailer views from the release of the trailer through the Saturday before a movie opens and the opening weekend box office gross (in millions of dollars) are collected and stored in the accompanying table. Complete the parts below.
Transcribed Image Text:b. Assuming a linear relationship, use the least-squares method to determine the regression coefficients bo and b,.
bo =
b =
(Round the value of b, to two decimal places as needed. Round the value of b, to three decimal places as needed.)
c. Interpret the meaning of the slope, b,, in this problem. Select the correct choice below and fill in the answer box to complete your choice.
(Round to three decimal places as needed.)
A. For each increase of 1 million online trailer views, the predicted opening weekend box office gross is expected to increase by S
million,
B. For each increase in opening weekend box office gross of $1 million, the number of online trailer views is expected to increase by
million,
C. The approximate online trailer views when the opening weekend box office gross is $0 is
million.
O D. The approximate predicted opening weekend box office gross when the number of online trailer views is 0 is $
million
d. Predict the mean opening weekend box office gross for a movie that had 35 million online trailer views.
The predicted mean opening weekend box office gross will be $
(Round to two decimal places as needed.)
million,
e. What insights can be obtained about predicting opening weekend box office gross from online trailer views?
O A. There is no relationship between the number of online trailer views and the mean opening weekend box office gross.
O B. As the mean opening weekend box office increases, the number of online trailer views can be expected to decrease.
OC. As the number of online trailer views increases, the mean opening weekend box office gross can be expected to decrease.
O D. As the number of online trailer views increases, the mean opening weekend box office gross can be expected to increase.
O E. As the mean opening weekend box office increases, the number of online trailer views can be expected to increase.
Transcribed Image Text:Opening Weekend
Box Office Gross
Opening Weekend
Box Office Gross
Online Trailer
Online Trailer
Views (millions)
57.174
(Smillions)
34.044
Views (millions)
8.031
(Smillions)
5.218
63.418
11.761
12.240
6.334
34.708
2.096
20.324
105.485
1.213
17.085
11.250
45.798
89.655
82.571
4.989
4.690
36.531
60.028
6.630
33.377
20.982
16.303
0.942
3.705
6.124
9.457
2.258
1.513
18.470
1.925
5.774
11.327
47.613
35.162
8.966
12.202
8.822
21.303
15.177
4.357
30.702
14.402
13.714
30.436
4.355
0.850
31.231
53.003
55.751
142.967
52.612
46.607
13.003
5.175
8.174
9.165
16.235
11.846
6.884
3.776
11.153
2.695
11.698
18.223
1.552
5.192
2.827
3.471
3.345
1.252
23.075
13.602
2.889
1.863
12.606
40.011
5.131
2.125
0.826
1.385
7.106
5.290
27.536
20.130
31.330
101.165
7.273
3.404
3.323
4.267
0.205
3.732
1.207
5.178
15.422
10.951
10.193
54.070
1.326
11.875
3.790
8.344
49.315
7.597
11.614
0.079
12.912
13.501
5.106
1.985
31.755
19.572
7.067
8.903
8.851
5.020
15.727
13.824
37.030
7.739
22.800
56.855
16.795
13.689
81.065
178.748
7.643
2.080
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