Movie companies need to predict the gross receipts of an individual movie once the movie has debuted. The data in the accompanying table are the first weekend gross, the regional gross, and the worldgross (in $millions) of six movies. Complete parts (a) and (b).Click the icon to view the data table.Identify the critical value(s).The critical value(s) is(are).(Use a comma to separate answers as needed. Round to four decimal places as needed.)Compute the test statistic for the linear relationship between first weekend gross and the regional gross.STAT =(Round to four decimal places as needed.)Reach a decision.Ho. There isevidence to conclude that there is a significant linear relationship between first weekend gross and the regional gross.Compute the test statistic for the linear relationship between first weekend gross and the worldwide gross.STAT =(Round to four decimal places as needed.) RegionalGrossWorldwideGrossFirstTitleWeekend1.91.644317.316976.5562.88.889263.436895.6333.92.224245.627789.697104.239287.545886.76377.141296.271921.23778.032304.116930.925PrintDone

Student’s t correlation test: The significant correlation t test is used to test the significant…

Movie companies need to predict the gross receipts of an individual movie once the movie has debu gross (in $millions) of six movies. Complete parts (a) and (b). Click the icon to view the data table. Identify the critical value(s). The critical value(s) is(are). (Use a comma to separate answers as needed. Round to four decimal places as needed.) Compute the test statistic for the linear relationship between first weekend gross and the regional gr STAT = (Round to four decimal places as needed.) Reach a decision. Ho- There is evidence to conclude that there is a significant linear relat Compute the test statistic for the linear relationship between first weekend gross and the worldwide STAT D (Round to four decimal places as needed.)

Movie companies need to predict the gross receipts of an individual movie once the movie has debu gross (in $millions) of six movies. Complete parts (a) and (b). Click the icon to view the data table. Identify the critical value(s). The critical value(s) is(are). (Use a comma to separate answers as needed. Round to four decimal places as needed.) Compute the test statistic for the linear relationship between first weekend gross and the regional gr STAT = (Round to four decimal places as needed.) Reach a decision. Ho- There is evidence to conclude that there is a significant linear relat Compute the test statistic for the linear relationship between first weekend gross and the worldwide STAT D (Round to four decimal places as needed.)

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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Concept explainers

Correlation

Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.

Linear Correlation

A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.

Regression Analysis

Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.

Question

Movie companies need to predict the gross receipts of an individual movie once the movie has debuted. The data in the accompanying table are the first weekend gross, the regional gross, and the world
gross (in $millions) of six movies. Complete parts (a) and (b).
Click the icon to view the data table.
Identify the critical value(s).
The critical value(s) is(are).
(Use a comma to separate answers as needed. Round to four decimal places as needed.)
Compute the test statistic for the linear relationship between first weekend gross and the regional gross.
STAT =
(Round to four decimal places as needed.)
Reach a decision.
Ho. There is
evidence to conclude that there is a significant linear relationship between first weekend gross and the regional gross.
Compute the test statistic for the linear relationship between first weekend gross and the worldwide gross.
STAT =
(Round to four decimal places as needed.)

Regional
Gross
Worldwide
Gross
First
Title
Weekend
1.
91.644
317.316
976.556
2.
88.889
263.436
895.633
3.
92.224
245.627
789.697
104.239
287.545
886.763
77.141
296.271
921.237
78.032
304.116
930.925
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