Homework Help is Here – Start Your Trial Now!
Math
Statistics
A box office analyst seeks to predict opening weekend box office gross for movies. Toward this​ goal, the analyst plans to use online trailer views as a predictor. For each of the 66 ​movies, the number of online trailer views from the release of the trailer through the Saturday before a movie opens and the opening weekend box office gross​ (in millions of​ dollars) are collected and stored in the accompanying table. The​ least-squares regression equation for these data isYi=−0.914+1.408Xi and the standard error of the estimate is SYX=19.887. Assume that the​ straight-line model is appropriate and there are no serious violations the assumptions of the​ least-squares regression model.  Compute the test statistic

A box office analyst seeks to predict opening weekend box office gross for movies. Toward this​ goal, the analyst plans to use online trailer views as a predictor. For each of the 66 ​movies, the number of online trailer views from the release of the trailer through the Saturday before a movie opens and the opening weekend box office gross​ (in millions of​ dollars) are collected and stored in the accompanying table. The​ least-squares regression equation for these data isYi=−0.914+1.408Xi and the standard error of the estimate is SYX=19.887. Assume that the​ straight-line model is appropriate and there are no serious violations the assumptions of the​ least-squares regression model.  Compute the test statistic

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 33PPS
See similar textbooks
icon
Related questions
Question

A box office analyst seeks to predict opening weekend box office gross for movies. Toward this​ goal, the analyst plans to use online trailer views as a predictor. For each of the 66 ​movies, the number of online trailer views from the release of the trailer through the Saturday before a movie opens and the opening weekend box office gross​ (in millions of​ dollars) are collected and stored in the accompanying table. The​ least-squares regression equation for these data isYi=−0.914+1.408Xi and the standard error of the estimate is SYX=19.887. Assume that the​ straight-line model is appropriate and there are no serious violations the assumptions of the​ least-squares regression model. 

Compute the test statistic.

Online Trailer Views (millions) 60.694 9.182 10.550 9.368 81.462 32.875 23.674 5.719 2.553 42.767 10.441 28.707 7.178 59.108 6.700 12.322 12.341 0.296 1.095 3.442 5.251 6.361 29.113 1.763 1.202 9.926 50.938 5.775 31.338 8.928 13.288 59.243 82.236 Opening Weekend Box Office Gross ($millions) 29.633 6.483 4.854 26.972 107.041 61.957 15.556 8.531 10.932 39.767 16.906 11.872 4.141 146.421 16.050 6.668 3.871 7.997 0.536 0.837 2.422 4.182 102.302 1.063 10.076 11.556 46.441 0.565 19.031 6.205 12.502 40.300 174.751 Online Trailer Views (millions) 3.765 35.586 0.100 41.537 4.989 6.630 0.942 2.258 11.327 8.966 15.177 13.714 31.231 52.612 16.235 6.884 11.698 2.827 23.075 12.606 0.826 27.536 7.273 3.323 4.267 3.790 7.597 12.912 7.067 5.020 7.739 16.795 7.643 Opening Weekend Box Office Gross ($millions) 4.137 61.025 16.172 88.412 4.690 33.377 3.705 1.513 18.470 12.202 4.357 30.436 53.003 46.607 13.003 3.776 18.223 3.471 13.602 40.011 1.385 20.130 3.404 1.207 10.951 8.344 11.614 13.501 5.106 1.985 22.800 13.689 2.080
Transcribed Image Text:Online Trailer Views (millions) 60.694 9.182 10.550 9.368 81.462 32.875 23.674 5.719 2.553 42.767 10.441 28.707 7.178 59.108 6.700 12.322 12.341 0.296 1.095 3.442 5.251 6.361 29.113 1.763 1.202 9.926 50.938 5.775 31.338 8.928 13.288 59.243 82.236 Opening Weekend Box Office Gross ($millions) 29.633 6.483 4.854 26.972 107.041 61.957 15.556 8.531 10.932 39.767 16.906 11.872 4.141 146.421 16.050 6.668 3.871 7.997 0.536 0.837 2.422 4.182 102.302 1.063 10.076 11.556 46.441 0.565 19.031 6.205 12.502 40.300 174.751 Online Trailer Views (millions) 3.765 35.586 0.100 41.537 4.989 6.630 0.942 2.258 11.327 8.966 15.177 13.714 31.231 52.612 16.235 6.884 11.698 2.827 23.075 12.606 0.826 27.536 7.273 3.323 4.267 3.790 7.597 12.912 7.067 5.020 7.739 16.795 7.643 Opening Weekend Box Office Gross ($millions) 4.137 61.025 16.172 88.412 4.690 33.377 3.705 1.513 18.470 12.202 4.357 30.436 53.003 46.607 13.003 3.776 18.223 3.471 13.602 40.011 1.385 20.130 3.404 1.207 10.951 8.344 11.614 13.501 5.106 1.985 22.800 13.689 2.080
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
SEE MORE TEXTBOOKS