Movie profits are tracked weekly, and the data are shown in the following two scatterplots. The exponential regression function for the scatterplot without outliers is f(t) = 85.8507(0.56049)ª. The coefficient of determination is 0.976. The exponential regression function for the scatterplot with outliers is f (t) = 71.4094(0.60228)ª. The coefficient of determination is 0.740. Which regression function is more appropriate for the data? Movie Sales with Outliers 50 - 45- 40 35 30- 25 20- 15 10 1 3 4 5 6 7. 8 10 Weekends since Movie Release Gross Profit (Millions of Dollars)
Movie profits are tracked weekly, and the data are shown in the following two scatterplots. The exponential regression function for the scatterplot without outliers is f(t) = 85.8507(0.56049)ª. The coefficient of determination is 0.976. The exponential regression function for the scatterplot with outliers is f (t) = 71.4094(0.60228)ª. The coefficient of determination is 0.740. Which regression function is more appropriate for the data? Movie Sales with Outliers 50 - 45- 40 35 30- 25 20- 15 10 1 3 4 5 6 7. 8 10 Weekends since Movie Release Gross Profit (Millions of Dollars)
Chapter4: Linear Functions
Section: Chapter Questions
Problem 28PT: For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or...
Related questions
Question
65
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 3 images
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning