A movie studio wishes to determine the relationship between the revenue generated from the streaming of comedies and the revenue generated from the theatrical release of such movies. The studio has the following bivariate data from a sample of fifteen comedies released over the past five years. These data give the revenue x from theatrical release (in millions of dollars) and the revenue y from streaming (in millions of dollars) for each of the fifteen movies. The data are displayed in the Figure 1 scatter plot.(The 2nd picture contains the rest of the data as it would not fit in the first pic and it includes the question as well.) 37.514.627.727.8Send data to calculator12.42.43.212.1Send data to ExcelFigure 1Theater revenue(in millions of dollars)The least-squares regression line for these data has a slope of approximately 0.16.Answer the following. Carry your intermediate computations to at least four decimal places, and round your answers as specified below. (If necessary, coa list of formulas.)(a) What is the value of the y-intercept of the least-squares regression line for these data?Round your answer to at least two decimal places.0(b) What is the value of the sample correlation coefficient for these data?Round your answer to at least three decimal places. Theaterrevenue, x(in millions ofdollars)25.621.331.050.013.666.162.060.944.27.726.1Streamingrevenue, y(in millions ofdollars)7.05.95.915.910.010.510.416.77.42.39.8revenueStreaming(in millions of dollars)18+16+1412+10-8—6-4.2.0X X1020X3040X50X X60x

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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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A movie studio wishes to determine the relationship between the revenue generated from the streaming of comedies and the revenue generated from the theatrical release of such movies. The studio has the following bivariate data from a sample of fifteen comedies released over the past five years. These data give the revenue x from theatrical release (in millions of dollars) and the revenue y from streaming (in millions of dollars) for each of the fifteen movies. The data are displayed in the Figure 1 scatter plot.

(The 2nd picture contains the rest of the data as it would not fit in the first pic and it includes the question as well.)