Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regres
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Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regres
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 $110 million. Use a significance level of a = 0.05. Budget ($)in Millions 46 26 115 69 80 50 119 65 6 55 126 22 9 145 20 Gross ($) 122 6 111 64 129 114 109 104 in Millions 60 97 217 44 14 287 42 Click the icon to view the critical values of the Pearson correlation coefficient r. = The regression equation is ĝ=+x. (Round to one decimal place as needed.) million. The best predicted gross for a movie with a $110 million budget is $ (Round to one decimal place as needed.)
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