Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regression equation, letting the budget be the predictor (x) variable. Find the best predicted amount that a movie will gross if its budget is $100 million. Use a significance level of a = 0.05. 123 17 150 11 Budget ($)in Millions Gross ($) in Millions 45 17 118 75 71 49 124 64 3 58 110 104 66 131 117 94 108 58 105 213 27 10 292 41 Click the icon to view the critical values of the Pearson correlation coefficient r. The regression equation is y =+x. (Round to one decimal place as needed.) The best predicted gross for a movie with a $100 million budget is $ (Round to one decimal place as needed.) million.

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Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regression equation, letting the
budget be the predictor (x) variable. Find the best predicted amount that a movie will gross if its budget is $100 million. Use a significance level of
a = 0.05.
17
150
110
Budget ($)in Millions
Gross ($)
in Millions
45
17
118
75
71
49
124
64
3
58
123
110
6.
104
66
131
117
94
108
58
105
213
27
10
292
41
Click the icon to view the critical values of the Pearson correlation coefficient r.
The regression equation is y =
(Round to one decimal place as needed.)
The best predicted gross for a movie with a $100 million budget is $
(Round to one decimal place as needed.)
million.
Transcribed Image Text:Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regression equation, letting the budget be the predictor (x) variable. Find the best predicted amount that a movie will gross if its budget is $100 million. Use a significance level of a = 0.05. 17 150 110 Budget ($)in Millions Gross ($) in Millions 45 17 118 75 71 49 124 64 3 58 123 110 6. 104 66 131 117 94 108 58 105 213 27 10 292 41 Click the icon to view the critical values of the Pearson correlation coefficient r. The regression equation is y = (Round to one decimal place as needed.) The best predicted gross for a movie with a $100 million budget is $ (Round to one decimal place as needed.) million.
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