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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. Since there was a significant positive linear correction at the 10% level of significance, answer the following questions. Budget 300 258 250 210 232 230 225 207 Gross 961 891 937 836 391 576 419 551 1. What is the least-squares regression line that represents the data? Round the values to the tenth. ŷ -433.4 X + 4.7

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. Since there was a significant positive linear correction at the 10% level of significance, answer the following questions. Budget 300 258 250 210 232 230 225 207 Gross 961 891 937 836 391 576 419 551 1. What is the least-squares regression line that represents the data? Round the values to the tenth. ŷ -433.4 X + 4.7

MATLAB: An Introduction with Applications
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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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. Since there was a significant positive linear correction at the 10% level of significance, answer the following questions. Budget 300 258 250 210 232 230 225 207 Gross 961 891 937 836 391 576 419 551 1. What is the least-squares regression line that represents the data? Round the values to the tenth. ŷ = -433.4 X+ 4.7
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. Since there was a significant positive linear correction at the 10% level of significance, answer the following questions. Budget 300 258 250 210 232 230 225 207 Gross 961 891 937 836 391 576 419 551 1. What is the least-squares regression line that represents the data? Round the values to the tenth. ŷ = -433.4 X+ 4.7
4. Complete the following table. Round the values to the tenth. Write "NA" if not applicable. Units Provided Budget (in millions of dollars) $250 $200 tA Predicted Gross (in millions of dollars) $ $ LA $1000 Interpolation or Extrapolation Residual (if any) ΝΑ 5. What are the coordinates of the baseline point, (x, y)? Round to the tenth. Units are unnecessary.
Transcribed Image Text:4. Complete the following table. Round the values to the tenth. Write "NA" if not applicable. Units Provided Budget (in millions of dollars) $250 $200 tA Predicted Gross (in millions of dollars) $ $ LA $1000 Interpolation or Extrapolation Residual (if any) ΝΑ 5. What are the coordinates of the baseline point, (x, y)? Round to the tenth. Units are unnecessary.
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