QUESTION 9 Fit a linear model to the data and calculate the R-square value. Store the model in Y1. a. y-hat = -570.8+3.572 x, R-Square 77.9% %3D Ob. y-hat = -522.4-205.4x, R-Sq (91)- %3D Oc. y-hat 3.822-470.0x, R-Sq 8.3% %3D %3D d. y-hat 310.5 - 3.42x, R-Sq 25.3% %3D e. y-hat -470.0 + 3.822x, R-Sq 82.9% %3D

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Could you help me with Q9?Thanks a lot
QUESTION 8
Information for Questions 8- 11: The Internet Movie Database monitors the gross revenues for all maior motion pictures. The accompanying table gives both the U.S. and Worldwide gross revenues for a random sample
selected from among the films that were the highest grossing films in the U.S.
Movie Title
Domestic Gros
Worldwide Gross
(millions of dollars)
(millions of dollars)
Avatar
760
2783
Titanic
600
1835
Star Wars: Episode I
431
922
Spider-Man
403
Transformers: Revenge of the Fallen
402
836
Star Wars: Episode III
380
848
The Passion of the Christ
370
604
The Lord of the Rings: The Two Towers
340
921
Finding Nemo
339
865
Spider-Man 3
336
885
329
679
Forrest Gump
318
571
Iron Man
783
Indiana Jones and the Kingdom of the
Crystal Skull
317
958
Pirates of the Caribbean: At the
World's End
309
934
302
Harry Potter and the Half Blood Prince
179
Men in Black 3
interested in seeing I could use the U.S. gross to predict the gross to that here in the U.S. have a appeal.
Transcribed Image Text:QUESTION 8 Information for Questions 8- 11: The Internet Movie Database monitors the gross revenues for all maior motion pictures. The accompanying table gives both the U.S. and Worldwide gross revenues for a random sample selected from among the films that were the highest grossing films in the U.S. Movie Title Domestic Gros Worldwide Gross (millions of dollars) (millions of dollars) Avatar 760 2783 Titanic 600 1835 Star Wars: Episode I 431 922 Spider-Man 403 Transformers: Revenge of the Fallen 402 836 Star Wars: Episode III 380 848 The Passion of the Christ 370 604 The Lord of the Rings: The Two Towers 340 921 Finding Nemo 339 865 Spider-Man 3 336 885 329 679 Forrest Gump 318 571 Iron Man 783 Indiana Jones and the Kingdom of the Crystal Skull 317 958 Pirates of the Caribbean: At the World's End 309 934 302 Harry Potter and the Half Blood Prince 179 Men in Black 3 interested in seeing I could use the U.S. gross to predict the gross to that here in the U.S. have a appeal.
QUESTION 9
Fit a linear model to the data and calculate the R-square value. Store the model in Y1.
a. y-hat = -570.8+3.572 x, R-Square 77.9%
O b.
y-hat = -522.4- 205.4x, R-Sq = (91)2
Oc y-hat = 3.822- 470.0x, R-Sq=8.3%
d. y-hat 310.5 3.42x, R-Sq 25.3%
e.
y-hat = -470.0 + 3.822x, R-Sq 82.9%
QUESTION 10
Use the model stored in Y1 to calculate the predicted y-value and residual for Spider-Man 3.
a. y-hat = 886.624, Residual = -36.12
O b. y-hat = 652.45,
Residual = -207.5
Oc.
y-hat 1046,
Residual = -165.1
Transcribed Image Text:QUESTION 9 Fit a linear model to the data and calculate the R-square value. Store the model in Y1. a. y-hat = -570.8+3.572 x, R-Square 77.9% O b. y-hat = -522.4- 205.4x, R-Sq = (91)2 Oc y-hat = 3.822- 470.0x, R-Sq=8.3% d. y-hat 310.5 3.42x, R-Sq 25.3% e. y-hat = -470.0 + 3.822x, R-Sq 82.9% QUESTION 10 Use the model stored in Y1 to calculate the predicted y-value and residual for Spider-Man 3. a. y-hat = 886.624, Residual = -36.12 O b. y-hat = 652.45, Residual = -207.5 Oc. y-hat 1046, Residual = -165.1
Expert Solution
Step 1

The values given is shown below

x y
760 2783
600 1835
431 922
403 806
402 836
380 848
370 604
340 921
339 865
336 885
329 679
318 571
317 783
309 958
302 934
179 624

x is the domestic price

y is the worldwide price.

Step 2

Calculating certain values

x y xy x2 y2
760 2783 2115080 577600 7745089
600 1835 1101000 360000 3367225
431 922 397382 185761 850084
403 806 324818 162409 649636
402 836 336072 161604 698896
380 848 322240 144400 719104
370 604 223480 136900 364816
340 921 313140 115600 848241
339 865 293235 114921 748225
336 885 297360 112896 783225
329 679 223391 108241 461041
318 571 181578 101124 326041
317 783 248211 100489 613089
309 958 296022 95481 917764
302 934 282068 91204 872356
179 624 111696 32041 389376
6115 15854 7066773 2600671 20354208

sxy=xy-xyn       =7066773-6115×1585416       =1007572sxx=x2-x2n        =2600671-6115216        =263594.4syy=y2-y2n        =20354208-15854216        =4644876

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