Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regression equation, letting the budget be the predictor (x) variable. Find the best predicted amount that a movie will gross if its budget is $105 million. Use a significance level of a = 0.05. Budget ($)in Millions Gross ($) in Millions 36 23 117 72 74 50 123 67 11 61 127 24 11 150 60 124 107 66 127 124 101 91 62 109 216 38 19 289 41 Click the icon to view the critical values of the Pearson correlation coefficient r. The regression equation is y = 21.8 + 1.3 x. (Round to one decimal place as needed.) The best predicted gross for a movie with a $105 million budget is S million. (Round to one decimal place as needed.)

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Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regression equation, letting the budget be the predictor (x) variable. Find the best predicted amount that a
movie will gross if its budget is $105 million. Use a significance level of a = 0.05.
Budget ($)in Millions
Gross ($)
in Millions
36
23
117
72
74
50
123
67
11
61
127
24
11
150
124
7
107
66
127
124
101
91
62
109
216
38
19
289
41
Click the icon to view the critical values of the Pearson correlation coefficient r.
The regression equation is y= 21.8 + 1.3 x.
(Round to one decimal place as needed.)
The best predicted gross for a movie with a $105 million budget is $ million.
(Round to one decimal place as needed.)
Transcribed Image Text:Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regression equation, letting the budget be the predictor (x) variable. Find the best predicted amount that a movie will gross if its budget is $105 million. Use a significance level of a = 0.05. Budget ($)in Millions Gross ($) in Millions 36 23 117 72 74 50 123 67 11 61 127 24 11 150 124 7 107 66 127 124 101 91 62 109 216 38 19 289 41 Click the icon to view the critical values of the Pearson correlation coefficient r. The regression equation is y= 21.8 + 1.3 x. (Round to one decimal place as needed.) The best predicted gross for a movie with a $105 million budget is $ million. (Round to one decimal place as needed.)
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