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 $130 million. Use a significance level of α=0.05. A. The regression equation is Y= (Round to one decimal place as needed.) B. The best predicted gross for a movie with a $130 million budget is $ million. (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 $130 million. Use a significance level of α=0.05. A. The regression equation is Y= (Round to one decimal place as needed.) B. The best predicted gross for a movie with a $130 million budget is $ million. (Round to one decimal place as needed.)
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter1: Fundamental Concepts Of Algebra
Section1.4: Fractional Expressions
Problem 8E
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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 $130 million. Use a significance level of α=0.05.
A. The regression equation is
Y=
(Round to one decimal place as needed.)
B. The best predicted gross for a movie with a $130 million budget is
$ million.
(Round to one decimal place as needed.)
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