Find the regression equation (rounding values to 2 places), letting the first variable be the independent variable x. Use the regression equation values to find the best predicted gross amount for a movie with a budget of 50 million dollars. Hint: Use the exact regression values to find an accurate predicted value and then round your answer. In the table below, all amounts are in millions of dollars. Budget 68 199 83 89 71 44 53 38 Gross 68 605 67 59 62 53 60 64
Find the regression equation (rounding values to 2 places), letting the first variable be the independent variable x. Use the regression equation values to find the best predicted gross amount for a movie with a budget of 50 million dollars. Hint: Use the exact regression values to find an accurate predicted value and then round your answer. In the table below, all amounts are in millions of dollars. Budget 68 199 83 89 71 44 53 38 Gross 68 605 67 59 62 53 60 64
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Find the regression equation (rounding values to 2 places), letting the first variable be the independent variable x.
Use the regression equation values to find the best predicted gross amount for a movie with a budget of 50 million dollars. Hint: Use the exact regression values to find an accurate predicted value and then round your answer.
In the table below, all amounts are in millions of dollars.
| Budget | 68 | 199 | 83 | 89 | 71 | 44 | 53 | 38 |
| Gross | 68 | 605 | 67 | 59 | 62 | 53 | 60 | 64 |
Y = + X
y50+
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