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$115million. Use a significance level ofα=0.05.Budget ($)in Millions44271146678501176226512715101549 Gross ($)in Millions12071056312210810310545114205322529938 LOADING...Click the icon to view the critical values of the Pearson correlation coefficient r. The regression equation isy=(Round to one decimal place as needed.)The best predicted gross for a movie with a$115million budget is$enter your response heremillion.(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 $115 million. Use a significance level of α=0.05.

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 $115 million. Use a significance level of α=0.05.

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 11PPS

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Question

100%

$115

million. Use a significance level of

α=0.05.

Budget ($)in Millions	44	27	114	66	78	50	117	62	2	65	127	15	10	154	9
Gross ($) in Millions	120	7	105	63	122	108	103	105	45	114	205	32	25	299	38

Click the icon to view the critical values of the Pearson correlation coefficient r.

The regression equation is

(Round to one decimal place as needed.)

The best predicted gross for a movie with a

$115

million budget is

$enter your response here

million.

(Round to one decimal place as needed.)

Definition Definition Relationship between two independent variables. A correlation tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.

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