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 $100100 million. Use a significance level of alpha equals 0.05α=0.05. Budget left parenthesis $ right parenthesisBudget ($)in Millionsin Millions 4242 2525 117117 6565 7575 4747 123123 6969 33 5959 122122 2020 1010 145145 1111 Gross left parenthesis $ right parenthesisGross ($) in Millionsin Millions 123123 2020 111111 6868 127127 110110 101101 103103 5050 113113 213213 2626 1717 285285 5555 LOADING... Click the icon to view the critical values of the Pearson correlation coefficient r. Question content area bottom Part 1 The regression equation is ModifyingAbove y with caretyequals=enter your response hereplus+enter your response herex. (Round to one decimal place as needed.) Part 2 The best predicted gross for a movie with a $100100 million budget is $enter your response here million. (Round to one decimal place as needed.)
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 $100100 million. Use a significance level of alpha equals 0.05α=0.05. Budget left parenthesis $ right parenthesisBudget ($)in Millionsin Millions 4242 2525 117117 6565 7575 4747 123123 6969 33 5959 122122 2020 1010 145145 1111 Gross left parenthesis $ right parenthesisGross ($) in Millionsin Millions 123123 2020 111111 6868 127127 110110 101101 103103 5050 113113 213213 2626 1717 285285 5555 LOADING... Click the icon to view the critical values of the Pearson correlation coefficient r. Question content area bottom Part 1 The regression equation is ModifyingAbove y with caretyequals=enter your response hereplus+enter your response herex. (Round to one decimal place as needed.) Part 2 The best predicted gross for a movie with a $100100 million budget is $enter your response here million. (Round to one decimal place as needed.)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 15PPS
Question
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
$100100
million. Use a significance level of
alpha equals 0.05α=0.05.
Budget left parenthesis $ right parenthesisBudget ($)in Millionsin Millions
|
4242
|
2525
|
117117
|
6565
|
7575
|
4747
|
123123
|
6969
|
33
|
5959
|
122122
|
2020
|
1010
|
145145
|
1111
|
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross left parenthesis $ right parenthesisGross ($)
in Millionsin Millions
|
123123
|
2020
|
111111
|
6868
|
127127
|
110110
|
101101
|
103103
|
5050
|
113113
|
213213
|
2626
|
1717
|
285285
|
5555
|
|
LOADING...
Question content area bottom
Part 1
The regression equation is
ModifyingAbove y with caretyequals=enter your response hereplus+enter your response herex.
(Round to one decimal place as needed.)
Part 2
The best predicted gross for a movie with a
$100100
million budget is
$enter your response here
million.(Round to one decimal place as needed.)
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