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 $100 million. Use a significance level of α=0.05. Budget ($)in Millions 44 21 117 67 71 54 123 62 8 63 127 19 12 146 6 Gross ($) in Millions 121 20 103 73 128 107 96 95 55 95
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 $100 million. Use a significance level of α=0.05. Budget ($)in Millions 44 21 117 67 71 54 123 62 8 63 127 19 12 146 6 Gross ($) in Millions 121 20 103 73 128 107 96 95 55 95
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
$100
million. Use a significance level of
α=0.05.
|
Budget ($)in Millions
|
44
|
21
|
117
|
67
|
71
|
54
|
123
|
62
|
8
|
63
|
127
|
19
|
12
|
146
|
6
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Gross ($)
in Millions
|
121
|
20
|
103
|
73
|
128
|
107
|
96
|
95
|
55
|
95
|
218
|
43
|
22
|
293
|
47
|
|
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Part 1
The regression equation is
y=enter your response here+enter your response herex.
(Round to one decimal place as needed.)
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