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 $135 million. Use a significance level of a = 0.05. Budget ($)in Millions Gross ($) in Millions 37 22 115 67 71 56 122 70 11 56 125 25 6 150 40 115 13 110 65 122 111 91 108 46 108 217 41 7 300 39 Click the icon to view the critical values of the Pearson correlation coefficient r. The regression equation is y =D+x. (Round one decimal place as needed.)
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 $135 million. Use a significance level of a = 0.05. Budget ($)in Millions Gross ($) in Millions 37 22 115 67 71 56 122 70 11 56 125 25 6 150 40 115 13 110 65 122 111 91 108 46 108 217 41 7 300 39 Click the icon to view the critical values of the Pearson correlation coefficient r. The regression equation is y =D+x. (Round one decimal place as needed.)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section: Chapter Questions
Problem 4SGR
Related questions
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 $135 million. Use a significance level of a = 0.05.
Budget ($)in Millions
Gross ($)
in Millions
37
22
115
67
71
56
122
70
11
56
125
25
150
4
115
13
110
65
122
111
91
108
46
108
217
41
7
300
39
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.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F018a8f67-d7d0-4cf1-b648-76e52618304a%2Fd92b19c9-89b3-4cbb-abbd-5c066f034b4d%2Fuuyqhmz5_processed.png&w=3840&q=75)
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 $135 million. Use a significance level of a = 0.05.
Budget ($)in Millions
Gross ($)
in Millions
37
22
115
67
71
56
122
70
11
56
125
25
150
4
115
13
110
65
122
111
91
108
46
108
217
41
7
300
39
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.)
![me
Critical values of the pearson correlation coefficient r
Iget
= 0.
22
In
a = 0.05
a = 0.01
NOTE: To test Ho: p = 0
0.950
0.878
0.811
0.754
0.707
0.666
0.632
0.602
0.576
0.553
0.532
0.514
0.497
0.482
0.468
0.456
0.444
0.396
0.361
0.335
0.312
0.294
0.279
0.254
0.236
0.220
0.207
0.196
0.990
against H,: p#0, reject Ho
if the absolute value of r is
greater than the critical
value in the table.
4
0.959
0.917
0.875
0.834
0.798
0.765
0.735
0.708
0.684
0.661
0.641
0.623
0.606
0.590
0.575
0.561
0.505
0.463
13
6
Pear
8
19
10
11
12
13
14
15
16
17
18
19
20
25
30
35
40
45
50
60
70
80
90
100
0.430
0.402
0.378
0.361
0.330
0.305
0.286
0.269
0.256
In
a = 0.05
a = 0.01](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F018a8f67-d7d0-4cf1-b648-76e52618304a%2Fd92b19c9-89b3-4cbb-abbd-5c066f034b4d%2Fex2yvwp_processed.png&w=3840&q=75)
Transcribed Image Text:me
Critical values of the pearson correlation coefficient r
Iget
= 0.
22
In
a = 0.05
a = 0.01
NOTE: To test Ho: p = 0
0.950
0.878
0.811
0.754
0.707
0.666
0.632
0.602
0.576
0.553
0.532
0.514
0.497
0.482
0.468
0.456
0.444
0.396
0.361
0.335
0.312
0.294
0.279
0.254
0.236
0.220
0.207
0.196
0.990
against H,: p#0, reject Ho
if the absolute value of r is
greater than the critical
value in the table.
4
0.959
0.917
0.875
0.834
0.798
0.765
0.735
0.708
0.684
0.661
0.641
0.623
0.606
0.590
0.575
0.561
0.505
0.463
13
6
Pear
8
19
10
11
12
13
14
15
16
17
18
19
20
25
30
35
40
45
50
60
70
80
90
100
0.430
0.402
0.378
0.361
0.330
0.305
0.286
0.269
0.256
In
a = 0.05
a = 0.01
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
![Big Ideas Math A Bridge To Success Algebra 1: Stu…](https://www.bartleby.com/isbn_cover_images/9781680331141/9781680331141_smallCoverImage.jpg)
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
![Functions and Change: A Modeling Approach to Coll…](https://www.bartleby.com/isbn_cover_images/9781337111348/9781337111348_smallCoverImage.gif)
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
![Big Ideas Math A Bridge To Success Algebra 1: Stu…](https://www.bartleby.com/isbn_cover_images/9781680331141/9781680331141_smallCoverImage.jpg)
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
![Functions and Change: A Modeling Approach to Coll…](https://www.bartleby.com/isbn_cover_images/9781337111348/9781337111348_smallCoverImage.gif)
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
![College Algebra](https://www.bartleby.com/isbn_cover_images/9781337282291/9781337282291_smallCoverImage.gif)
![Trigonometry (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781337278461/9781337278461_smallCoverImage.gif)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
![College Algebra (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305652231/9781305652231_smallCoverImage.gif)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning