Movie companies need to predict the gross receipts of individual movies after a movie has debuted. The accompanying results are the first weekend gross, the national gross, and the worldwide gross (in millions of dollars) of six movies. Title First Weekend National Gross Worldwide Gross Movie A 90.537 317.093 976.725 Movie B 88.347 261.874 878.751 Movie C 93.603 249.391 795.796 Movie D 102.269 290.226 896.767 Movie E 77.027 292.867 938.823 Movie F 77.712 301.376 934.409 Compute the covariance between first weekend gross and national gross, first weekend gross and worldwide gross, and national gross and worldwide gross. Find the covariance between first weekend gross and national gross.
Movie companies need to predict the gross receipts of individual movies after a movie has debuted. The accompanying results are the first weekend gross, the national gross, and the worldwide gross (in millions of dollars) of six movies. Title First Weekend National Gross Worldwide Gross Movie A 90.537 317.093 976.725 Movie B 88.347 261.874 878.751 Movie C 93.603 249.391 795.796 Movie D 102.269 290.226 896.767 Movie E 77.027 292.867 938.823 Movie F 77.712 301.376 934.409 Compute the covariance between first weekend gross and national gross, first weekend gross and worldwide gross, and national gross and worldwide gross. Find the covariance between first weekend gross and national gross.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Movie companies need to predict the gross receipts of individual movies after a movie has debuted. The accompanying results are the first weekend gross, the national gross, and the worldwide gross (in millions of dollars) of six movies.
|
Title
|
First Weekend
|
National Gross
|
Worldwide Gross
|
|
|||
|---|---|---|---|---|---|---|---|
|
Movie A
|
90.537
|
|
317.093
|
|
976.725
|
|
|
|
Movie B
|
88.347
|
|
261.874
|
|
878.751
|
|
|
|
Movie C
|
93.603
|
|
249.391
|
|
795.796
|
|
|
|
Movie D
|
102.269
|
|
290.226
|
|
896.767
|
|
|
|
Movie E
|
77.027
|
|
292.867
|
|
938.823
|
|
|
|
Movie F
|
77.712
|
|
301.376
|
|
934.409
|
|
Compute the covariance between first weekend gross and national gross, first weekend gross and worldwide gross, and national gross and worldwide gross.
Find the covariance between first weekend gross and national gross.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps with 3 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman