3. The yearly data have been published showing the number of releases for each of the commercial movie studios and the gross receipts for those studios thus far. Based on these data, can it be concluded that there is a relationship between the number of releases and the gross receipts? 361 270 306 22 35 10 8 12 21 No. of releases x Gross receipts y (million S) 3844 1962 1371 1064 334 241 188 154 125 a. Draw the scatter plot for the variables and determine the relation present. b. Compute the value of the correlation coefficient.
3. The yearly data have been published showing the number of releases for each of the commercial movie studios and the gross receipts for those studios thus far. Based on these data, can it be concluded that there is a relationship between the number of releases and the gross receipts? 361 270 306 22 35 10 8 12 21 No. of releases x Gross receipts y (million S) 3844 1962 1371 1064 334 241 188 154 125 a. Draw the scatter plot for the variables and determine the relation present. b. Compute the value of the correlation coefficient.
Chapter3: Polynomial Functions
Section3.5: Mathematical Modeling And Variation
Problem 1ECP: The ordered pairs below give the median sales prices y (in thousands of dollars) of new homes sold...
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