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 variable. Find the best predicted amount that a movie will gross if its budget is $115 million. Use a significance level of a = 0.05. Budget (S)in Millions 41 25 115 68 75 53 117 65 2 64 122 25 10 155 70 Gross ($) 123 13 112 62 128 122 101 92 65 102 216 29 12 281 in Millions Click the icon to view the critical values of the Pearson correlation coefficient r. The regression equation is y=+x. (Round one decimal place as needed.) 48
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 variable. Find the best predicted amount that a movie will gross if its budget is $115 million. Use a significance level of a = 0.05. Budget (S)in Millions 41 25 115 68 75 53 117 65 2 64 122 25 10 155 70 Gross ($) 123 13 112 62 128 122 101 92 65 102 216 29 12 281 in Millions Click the icon to view the critical values of the Pearson correlation coefficient r. The regression equation is y=+x. (Round one decimal place as needed.) 48
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

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 $115 million. Use a significance level of α = 0.05.
Budget ($)in Millions
41
25
115
68
75
53
117
65
2
64
122
25
10
155
70
Gross ($)
123
13
112
62
128
122
101
92
102
216
29
12
281
in Millions
Click the icon to view the critical values of the Pearson correlation coefficient r.
The regression equation is ŷ = + ■x.
(Round to one decimal place as needed.)
65
48
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