The regression equation to predict the total world gross ticket sales from the opening weekend ticket sales is: WorldGross^=9.23+6.87⋅OpeningWeekend (iv) Interpret the slope of the regression line in context.

The regression equation to predict the total world gross ticket sales from the opening weekend ticket sales is: WorldGross^=9.23+6.87⋅OpeningWeekend (iv) Interpret the slope of the regression line in context.

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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Question

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

WorldGross^=9.23+6.87⋅OpeningWeekend

(iv) Interpret the slope of the regression line in context.

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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