movie production company was interested in the relationship between the budget to make a movie and how well that movie was received by the public. Information was collected on several movies and was used to obtain the regression equation ŷ = 0.145x + 0.136, where x represents the budget of a movie (in millions of dollars) and ŷ is the predicted score of that movie (in points from 0 to 1). What is the predicted score of a movie that has a $250,000 budget? 0.03625 points 0.17225 points 0.7862 points 1 point

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter4: Linear Functions
Section4.3: Fitting Linear Models To Data
Problem 34SE: For the following exercises, consider this scenario: The profit of a company decreased steadily...
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A movie production company was interested in the relationship between the budget to make a movie and how well that movie was received by the public. Information was collected on several movies and was used to obtain the regression equation  = 0.145x + 0.136, where x represents the budget of a movie (in millions of dollars) and is the predicted score of that movie (in points from 0 to 1). What is the predicted score of a movie that has a $250,000 budget?

0.03625 points
0.17225 points
0.7862 points
1 point
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