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 $125 million. Use a significance level of a = 0.05. Budget ($)in Millions Gross ($) in Millions 37 24 116 74 75 57 119 64 12 61 124 19 6 149 115 9 104 63 114 116 98 96 50 101 205 27 25 281 55 Click the icon to view the critical values of the Pearson correlation coefficient r. The regression equation is y =O+Dx. (Round to one decimal place as needed.) The best predicted gross for a movie with a $125 million budget is $ million. (Round to one decimal place as needed.)

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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 $125 million. Use a significance level of a = 0.05.
Budget ($)in Millions
Gross ($)
in Millions
37
24
116
74
75
57
119
64
12
61
124
19
149
115
9.
104
63
114
116
98
96
50
101
205
27
25
281
55
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 $125 million budget is $
million.
(Round to one decimal place as needed.)
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 $125 million. Use a significance level of a = 0.05. Budget ($)in Millions Gross ($) in Millions 37 24 116 74 75 57 119 64 12 61 124 19 149 115 9. 104 63 114 116 98 96 50 101 205 27 25 281 55 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 $125 million budget is $ million. (Round to one decimal place as needed.)
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