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 $140 million. Use a significance level of α=0.05. Budget ($)in Millions 40 19 113 66 76 56 119 62 4 56 127 21 6 152 3 Gross ($) in Millions 109 11 113 70 125 106 92 110 61 108 215 32 19 290 47
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 $140 million. Use a significance level of α=0.05. Budget ($)in Millions 40 19 113 66 76 56 119 62 4 56 127 21 6 152 3 Gross ($) in Millions 109 11 113 70 125 106 92 110 61 108 215 32 19 290 47
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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Question
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
$140
million. Use a significance level of
α=0.05.
|
Budget ($)in Millions
|
40
|
19
|
113
|
66
|
76
|
56
|
119
|
62
|
4
|
56
|
127
|
21
|
6
|
152
|
3
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Gross ($)
in Millions
|
109
|
11
|
113
|
70
|
125
|
106
|
92
|
110
|
61
|
108
|
215
|
32
|
19
|
290
|
47
|
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