The regression equation to predict the total world gross ticket sales from the opening weekend ticket sales is:  WorldGross^=9.23+6.87⋅OpeningWeekend Does a simple linear regression model seem appropriate for this data? Explain your answer in one or two sentences.

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The regression equation to predict the total world gross ticket sales from the opening weekend ticket sales is:

 WorldGross^=9.23+6.87⋅OpeningWeekend

Does a simple linear regression model seem appropriate for this data? Explain your answer in one or two sentences.

WorldGross (in $1,000,000)
1500-
1000-
500-
0-
ó
50
0
100
150
Opening Weekend (in $1,000,000)
0
200
Transcribed Image Text:WorldGross (in $1,000,000) 1500- 1000- 500- 0- ó 50 0 100 150 Opening Weekend (in $1,000,000) 0 200
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