Movie Budgets and Grosses The budget (in millions of dollars) and worldwide gross (in millions of dollars) for eight of the most expensive movies ever made are listed in the table below. Budget 300 258 250 210 232 230 225 207 Gross 961 891 937 836 391 576 419 551 The scatter diagram (scatter plot) of the above data is shown below. Budget and Gross of the Most Expensive Movies Ever Made -1000 006- -800 -700- -600 500 -400 -300 -200- 100 50 100 150 200 250 300 Rudget lin millions of dollars) Gross (in millions of dollars)

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Movie Budgets and Grosses The budget (in millions of dollars) and worldwide gross (in millions of dollars) for eight
of the most expensive movies ever made are listed in the table below.
Budget 300 258 250 210 232 230 225 207
Gross 961 891 937 836 391 576 419 551
The scatter diagram (scatter plot) of the above data is shown below.
Budget and Gross of the Most Expensive Movies Ever Made
-1000-
-900
-800
-700
-600
500
400
-300-
-200-
100
100
150
200
250
300
Budget (in millions of dollars)
Gross (in millions of dollars)
Transcribed Image Text:Movie Budgets and Grosses The budget (in millions of dollars) and worldwide gross (in millions of dollars) for eight of the most expensive movies ever made are listed in the table below. Budget 300 258 250 210 232 230 225 207 Gross 961 891 937 836 391 576 419 551 The scatter diagram (scatter plot) of the above data is shown below. Budget and Gross of the Most Expensive Movies Ever Made -1000- -900 -800 -700 -600 500 400 -300- -200- 100 100 150 200 250 300 Budget (in millions of dollars) Gross (in millions of dollars)
1. Identify the variables as explanatory or response.
Gross (in millions of dollars): response
Budget (in millions of dollars): explanatory
2. What is the value of the sample correlation coefficient, r? Round to three decimals. r=
3. Identify the linear correlation by strength and type in that order.
Strength:
Туре:
Transcribed Image Text:1. Identify the variables as explanatory or response. Gross (in millions of dollars): response Budget (in millions of dollars): explanatory 2. What is the value of the sample correlation coefficient, r? Round to three decimals. r= 3. Identify the linear correlation by strength and type in that order. Strength: Туре:
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