Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the rogrossion equation, letting the budgel be the predictor (x) variahle Find the best predicted amount that a movie will gross if ils budget is $105 million Use a significance level ol a=0.05. Budget ($jin Millions Gross ($) In MIIllons 38 18 117 73 12 53 115 70 58 124 24 154 3D 108 22 112 70 127 122 95 96 47 108 221 27 18 297 47 Click the icon lo view tho critical values uf the Pearsun corrolation coellicient r. Tho regrassion equaliun is y= Critical Values of the Pearson Correlation Coeflicient r (Round tu une decimal plarA as needed ) NOTE To test p=0 against I1 p0 ieject Ha = 0.05 U.950 0,878 0.011 0.754 b.707 0 066 0.832 0.602 0.576 0553 0.532 514 497 0.482 a=0.01 0.990 0 959 0.91/ 0875 0 334 0.798 0.765 0.735 0.708 0 604 10 661 0641 0 623 14 if the absolule vulue of ris greater than the crlical value in the table 10 11 13 14 15 16 0.606

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the rogrossion equation, letting the budgel be the
predictor (x) variahle Find the best predicted amount that a movie will gross if ils budget is $105 million Use a significance level ol a=0.05.
Budget ($jin Millions
Gross ($)
In MIIllons
38
18
117
73
12
53
115
70
58
124
24
154
3D
108
22
112
70
127
122
95
96
47
108
221
27
18
297
47
Click the icon lo view tho critical values uf the Pearsun corrolation coellicient r.
Tho regrassion equaliun is y=
Critical Values of the Pearson Correlation Coeflicient r
(Round tu une decimal plarA as needed )
NOTE To test p=0
against I1 p0 ieject Ha
= 0.05
U.950
0,878
0.011
0.754
b.707
0 066
0.832
0.602
0.576
0553
0.532
514
497
0.482
a=0.01
0.990
0 959
0.91/
0875
0 334
0.798
0.765
0.735
0.708
0 604
10 661
0641
0 623
14
if the absolule vulue of ris
greater than the crlical
value in the table
10
11
13
14
15
16
0.606
Transcribed Image Text:Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the rogrossion equation, letting the budgel be the predictor (x) variahle Find the best predicted amount that a movie will gross if ils budget is $105 million Use a significance level ol a=0.05. Budget ($jin Millions Gross ($) In MIIllons 38 18 117 73 12 53 115 70 58 124 24 154 3D 108 22 112 70 127 122 95 96 47 108 221 27 18 297 47 Click the icon lo view tho critical values uf the Pearsun corrolation coellicient r. Tho regrassion equaliun is y= Critical Values of the Pearson Correlation Coeflicient r (Round tu une decimal plarA as needed ) NOTE To test p=0 against I1 p0 ieject Ha = 0.05 U.950 0,878 0.011 0.754 b.707 0 066 0.832 0.602 0.576 0553 0.532 514 497 0.482 a=0.01 0.990 0 959 0.91/ 0875 0 334 0.798 0.765 0.735 0.708 0 604 10 661 0641 0 623 14 if the absolule vulue of ris greater than the crlical value in the table 10 11 13 14 15 16 0.606
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