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 $120 million. Use a significance level of α=0.05. Budget ($)in Millions 40 23 113 73 75 51 116 69 10 55 125 25 9 153 5 Gross ($) in Millions 112 18 110 59 113 112 97 102 47 98 206 37 22 298 46
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 $120 million. Use a significance level of α=0.05. Budget ($)in Millions 40 23 113 73 75 51 116 69 10 55 125 25 9 153 5 Gross ($) in Millions 112 18 110 59 113 112 97 102 47 98 206 37 22 298 46
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
$120
million. Use a significance level of
α=0.05.
|
Budget ($)in Millions
|
40
|
23
|
113
|
73
|
75
|
51
|
116
|
69
|
10
|
55
|
125
|
25
|
9
|
153
|
5
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Gross ($)
in Millions
|
112
|
18
|
110
|
59
|
113
|
112
|
97
|
102
|
47
|
98
|
206
|
37
|
22
|
298
|
46
|
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