Movie Budgets and Grosses The budget (in millions of dollars) and worldwide gross (inmillions of dollars) for eight of the most expensive movies ever made are listed in thetable below. Since there was a significant positive linear correction at the 10% level ofsignificance, answer the following questions.Budget 300 258 250 210 232 230 225 207Gross 961 891 937 836 391 576 419 5511. What is the least-squares regression line that represents the data? Round the valuesto the tenth.ŷ =-433.4X+ 4.7 4. Complete the following table. Round the values to the tenth. Write "NA" if notapplicable. Units ProvidedBudget (in millionsof dollars)$250$200tAPredicted Gross (inmillions of dollars)$$LA$1000Interpolation orExtrapolationResidual (if any)ΝΑ5. What are the coordinates of the baseline point, (x, y)? Round to the tenth. Units areunnecessary.

1)Given that ΣX ΣY Σ(x-x̅)² Σ(y-ȳ)² total sum 1912.00 5562.00 6394.00 391105.50 30194.00…

Answered: Movie Budgets and Grosses The budget…

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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In baseball, two statistics, the ERA (Earned Run Average) and the WHIP (Walks and Hits per Inning Pitched), are used to measure the quality of pitchers. For both measures, smaller values indicate higher quality. The following computer output gives the results from predicting ERA by using WHIP in a least-squares regression for the 2017 baseball season. Variable DF Estimate SE T Intercept 1 -5.0 0.26 - 19.3 WHIP 1 6.8 0.14 47.4 Which of the following statements is the best interpretation of the value 6.8 shown in the output? ERA is predicted to increase by 6.8 units for each 1 unit increase of WHIP. WHIP is predicted to increase by 6.8 units for each 1 unit increase of ERA. For a pitcher with 0 units of WHIP, the ERA is predicted to be approximately 6.8 units. For a pitcher with 0 units of ERA, the WHIP is predicted to be approximately 6.8 units. Approximately 6.8% of the variability in ERA is due to its linear relationship with WHIP.
A blood pressure measurement consists of two numbers: the systolic pressure, which is the maximum pressure taken when the heart is contracting, and the diastolic pressure, which is the minimum pressure taken at the beginning of the heartbeat. Blood pressures were measured, in millimeters, for a sample of 8 adults. The following table presents the results. Systolic Diastolic 124 84 106 84 102 77 113 77 118 66 117 87 130 74 115 70 The least-squares regression line y=b0+b1x=89.5234-0.1051x and Σ(x-x bar) squared =569.8750 are known for this data. Use the P-value method to test H0:β1=0 versus H1:β1<0. Can you conclude that systolic blood pressure is useful in predicting diastolic blood pressure? Use the α=0.10 level of significance and the TI-84 calculator. Compute the test statistic. Always round t-score values to three decimals places.
In a study of feeding behavior, zoologists recorded the number of grunts of a warthog feeding by a lake in a 15 minute time period following the addition of food. The data showing the weekly number of grunts and the age of the warthog (in days) are listed below. Compute the sum of the squared residuals of the least squared line for the given data. Week Number of Grunts Age (days) 1 90 125 2 68 141 3 39 155 4 44 160 5 63 167 6 40 174 7 62 183 8 17 189 9 20 195
An article gave a scatter plot along with the least squares line of x = rainfall volume (m³) and y = runoff volume (m³) for a particular location. The accompanying values were read from the plot. X 4 12 14 20 23 30 40 50 55 67 72 83 96 112 127 y 4 10 13 14 15 25 27 45 38 46 53 75 82 99 104 USE SALT (a) Does a scatter plot of the data support the use of the simple linear regression model? o Yes, the scatterplot shows a reasonable linear relationship. Yes, the scatterplot shows a random scattering with no pattern. No, the scatterplot shows a reasonable linear relationship. No, the scatterplot shows a random scattering with no pattern. (b) Calculate point estimates of the slope and intercept of the population regression line. (Round your answers to four decimal places.) slope X X .84210 intercept -1.86631 (c) Calculate a point estimate of the true average runoff volume when rainfall volume is 45. (Round your answer to four decimal places.) 40.2387 X m 3 (d) Calculate a point estimate of…
A researcher records data on 7 adult pairs' heights (in inches) to compare the physical characteristics of brothers and sisters. Brother Sister 71 69 68 64 6 65 67 63 70 65 71 62 66 62 Mean 68.4285 64.2857 SD 2.2253 2.4299 r=0.4050 What would the least-squares regression equation be for predicting the brother's height from the sister's? A. brother's height = 0.037+44.58 * sister's height B. brother's height = 44.58 + 0.371* sister's height C. brother's height = 20.71 + 0.029 * sister's height D. brother's height = 3.28- 40.68 * sister's height If the sister's height is the same as the mean (64.2857 inches), what would the brother's predicted height be A. 68.4285 (the same as the mean as well) B. 62.1234 C. 70.8990 D. None of the above. Which of the following would be correct? A. The pair of means, (68.4285, 64.2857), lies on the linear regression line. B. The effectiveness of the linear regression model is about 16%, C. The effectiveness of the linear regression model is 10096. D. Both…
The following is a table showing the price of car insurance based on how much driving experience that an insurance holder has. Use the years of driving experience as your explanatory (independent) variable and the monthly insurance premium as your response (dependent) variable. Years of driving experience 0 1 2 3 4 5 6 7 8 Cost of monthly insurance premium 67 63 62 59 50 42 39 34 32 a) What is the least squares regression line for this bivariate dataset? (write in y=mx+b form) b) What is the correlation coefficient? c) Find the residual cost of someone with 5 years of driving experience (difference between predicted and observed values) d) Interpret the y-intercept and slope of the regression line in context of the problem.
An article gave a scatter plot along with the least squares line of x = rainfall volume (m3) and y = runoff volume (m3) for a particular location. The accompanying values were read from the plot. x 6 12 14 20 23 30 40 50 55 67 72 79 96 112 127 y 4 10 13 15 15 25 27 46 38 46 53 74 82 99 104 (a) Does a scatter plot of the data support the use of the simple linear regression model? Yes, the scatterplot shows a reasonable linear relationship.Yes, the scatterplot shows a random scattering with no pattern. No, the scatterplot shows a reasonable linear relationship.No, the scatterplot shows a random scattering with no pattern. (b) Calculate point estimates of the slope and intercept of the population regression line. (Round your answers to four decimal places.) slope intercept (c) Calculate a point estimate of the true average runoff volume when rainfall volume is 50. (Round your answer to four decimal places.) m3(d) Calculate a point estimate of the…
The table below shows the heights (inches) and weights (pounds) of 9 randomly selected children. Child Data Height (inches), x 36 56 58 59 61 63 65 69 73 Weight (pounds), y 69 89 96 74 110 90 123 110 128 (a) Construct a scatter diagram for the data, where the weight of the child is the response variable. (b) Determine the least-squares regression line for the data and graph the line on the scatter diagram from part (a). (use calculator) (show what did you do on the calculator) (c) Interpret the slope and the y–intercept in the context of the problem. (d) Predict the weight of a child that is 57 inches tall. Comparing with the observed value, what is the residual? Is the observed weight above or below average? (e) Determine the correlation coefficient, r. Is there a correlation? Discuss the strength of the correlation and why. (f) Are heights and weights of children linearly related? Why or why not? Be sure to justify your answer by using the appropriate method. (g)…
Name Her Age His Age Barack and Michelle Obama 45 47 George W. and Laura Bush 54 54 Bill and Hillary Clinton 45 46 Ronald and Nancy Reagan 55 64 Gerald and Betty Ford 59 69 Lyndon and Lady Bird Johnson 56 61 John and Jacqueline Kennedy 31 43 Dwight and Mamie Eisenhower 50 55 (c) Remove the outlier and compute the least-squares regression line for predicting the president's age from first lady's age. Round the slope and y -intercept values to at least four decimal places. Regression line equation: =y
How strongly do physical characteristics of sisters and brothers correlate? Here are data on the heights (in inches) of 12 adult pairs: Brother 71 68 66 67 70 71 70 73 72 65 66 70 Sister 69 64 65 63 65 62 65 64 66 59 62 64 (a) Use your calculator or software to find the correlation and the equation of the least-squares line for predicting sister’s height from brother’s height. Make a scatterplot of the data and add the regression line to your plot. Damien is 70 inches tall. Predict the height of his sister Tonya. Based on the scatterplot and the correlation r, do you expect your prediction to be very accurate? Why?
50
How much of the variation in average annual energy expenditures is explained by the least-squares regression line? Round the answer to at least one decimal place.

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