Answered: A scatter diagram to explore the relationship between Total Gross Sales and Opening Weekend Gross Sales. Discuss ? ( Can you please help me with these three…

MATLAB: An Introduction with Applications

6th Edition

ISBN: 9781119256830

Author: Amos Gilat

Publisher: John Wiley & Sons Inc

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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 p…

Question

1. A scatter diagram to explore the relationship between Total Gross Sales and Opening Weekend Gross Sales. Discuss ? ( Can you please help me with these three questions. Also can you show me how to include tow decimal placing in scatter diagram for the Total Gross Sales and Opening Weekend Gross Sales step by step please)

2. A scatter diagram to explore the relationship between Total Gross Sales and Number of Theaters. Discuss ?

3. A scatter diagram to explore the relationship between Total Gross Sales and Number of Weeks in Release. Discuss ?

Excel Sheet Below

Opening Gross Sales ($ millions)	Total Gross Sales ($ millions)	Number of Theaters	Weeks in Release
155.08	532.18	4,157	20
135.06	486.3	4,305	25
179.14	408.08	4,226	20
104.35	368.38	4,381	25
103.26	364	4,144	24
132.43	363.07	3,856	18
75.06	341.27	3,959	22
166.01	330.36	4,256	12
133.68	325.1	4,255	14
35.26	270.4	4,029	20
56.63	248.76	3,875	22
74.4	234.04	4,144	19
85.06	232.64	3,882	19
0.52	169.61	3,416	46
59.22	162.43	4,039	21
59.25	158.85	3,928	13
65.77	155.44	4,153	9
46.58	153.71	4,066	21
0.88	151.1	3,236	20
41.28	143.53	3,987	25
46.02	128.35	3,963	17
35.54	127.44	3,508	11
38.53	126.64	3,591	11
35.03	125.07	3,955	20
23.82	113.26	3,215	13
38.16	107.51	3,932	17
41.04	103.14	4,130	12
40.41	102.47	3,356	11
24.07	100.55	3,115	17
14.87	100.01	3,478	17
34.26	97.69	3,135	19
34.7	93.43	3,696	15
35.24	91.22	3,192	22
26.41	89.22	3,384	17
28.87	87.24	3,835	19
24.71	86.26	3,402	13
35.32	82.05	4,071	14
31.52	79.21	2,821	15
26.86	77.04	3,763	14
21.51	76.23	3,702	18
24.54	75.4	3,241	12
28.5	73.21	2,299	9
21.31	72.68	3,922	16
24.73	72.08	3,427	12
21.69	67.27	2,835	10
15.19	67.21	2,971	18
29.03	66.18	3,740	11
22.38	65.08	3,232	11
21.37	64.06	3,997	15
23.59	63.29	3,495	17
21.64	62.68	3,492	13
14.81	61.71	3,155	18
20.22	61.43	3,403	11
11	60.32	3,008	13
17.86	59.69	3,179	9
22.87	58.7	3,780	12
0.13	57.68	2,368	15
18.72	56.25	2,762	11
18.78	55.48	3,392	15
21.76	55.46	3,416	8
16.8	55.12	2,962	14
16.89	54.77	3,210	7
10.28	54.65	2,996	11
20.24	54.03	2,676	13
16.19	52.85	2,917	10
0.12	51.74	1,802	24
19.45	48.39	3,802	15
12.61	48.02	3,279	15
0.26	47.7	1,213	23
24.17	47.37	3,406	13
17.88	46.84	3,357	9
16.63	46.01	3,008	14
14.69	43.03	3,258	9
15.13	42.16	2,379	9
14.79	41.01	3,104	12
12.7	40.1	3,160	9
9.45	38.58	2,538	10
11.8	36.88	2,915	13
11.2	36.26	2,865	11
10.78	35.82	2,671	10
11.11	35.59	2,912	8
14.07	35.14	3,168	10
10.33	34.92	2,908	18
14.86	34.34	3,576	12
8.37	32.49	3,291	7
0.16	31.89	3,120	11
14.12	31.15	3,117	11
7.1	31.02	3,028	8
11.36	30.5	2,248	21
14.2	29.75	2,246	10
13.84	28.85	3,418	7
0.4	27.85	1,564	28
10.29	27.57	3,143	10
6.6	27.38	1,528	11
0.62	27.01	1,505	14
12.74	26.59	2,509	10
11.2	26.41	3,084	7
8.8	25.14	2,204	14
8.57	24.25	2,930	13
11.77	23.59	2,567	9