MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Write a clear conclusion regarding the association between height in inches and weight in pounds, using the multivariate model results
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- Can movie rental revenue be predicted? A movie studio wishes to determine the relationship between the revenue from rental of comedies on streaming services and the revenue generated from the theatrical release of such movies. The studio has the following bivariate data from a sample of fifteen comedies released over the past five years. These data give the revenue x from theatrical release (in millions of dollars) and the revenue y from streaming service rentals (in millions of dollars) for each of the fifteen movies. Also shown are the scatter plot and the least-squares regression line for the data. The equation for this line is ŷ=3.38+0.15x. Theater revenue, x (in millions of dollars) Rental revenue, y (in millions of dollars) 21.0 5.5 60.9 10.0 61.0 16.0 27.5 3.1 36.7 12.7 30.6 5.7 14.8 2.0 49.6 15.7 13.1 10.2 25.9 8.9 44.1 6.5 66.9 9.5 27.5 11.8 24.9 7.9 6.9 1.5 Send data to calculator Send data to Excel Rental revenue (in millions of dollars) 18- 16+ x 14 12 10+ x 50 60 70…arrow_forwardThe Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of fifteen Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage x (in thousands of miles) that the Cadet had on its odometer at the time it was sold used and the price y (in thousands of dollars) at which the Cadet was sold used. The least-squares regression line for these data has equation y = 40.86-0.45x. This line is shown in the scatter plot below. Mileage, x (in thousands) 29.7 27.8 26.8 24.2 21.1 23.0 24.3 15.4 37.7 23.6 34.4 27.8 23.5 20.9 259 Used selling price, y (in thousands of dollars) 27.4 29.4 31.2 30.1 31.7 31.7 27.2 34.2 23.4 28.2 26.3 26.5 33.7 30.6 267 Used selling price (in thousands of dollars) 40- 35+ 30- 25- 20 THIS 15 X 20 X X X 30 Mileagex (in thousands) X 35 40arrow_forwardThe effectiveness of surgery for weight loss reported here found that "The surgery was associated with significantly greater weight loss [than the control group who dieted] through 2 years (61.3 versus 11.2 pounds, P<0.001)." What test could have been used and how would it have been computed?arrow_forward
- The Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of sixteen Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage x (in thousands of miles) that the Cadet had on its odometer at the time it was sold used and the price y (in thousands of dollars) at which the Cadet was sold used. The least-squares regression line for these data has equation Ŷ=42.80-0.53x. This line is shown in the scatter plot below. (The 2nd picture contains the rest of the data as it would not fit in the first pic and it includes the question as well.)arrow_forwardWhat are the different measures used for the OLS estimate of the multiple regression line?arrow_forward
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