Movie companies need to predict the gross receipts of an individual movie once the movie has debuted.
Question:
a. Compute the coefficient of correlation between first weekend gross and the U.S. gross, first weekend gross and the worldwide gross, and the U.S. gross and worldwide gross.
b. At the 0.05 level of significance, is there a significant linear relationship between first weekend gross and the U.S. gross, first weekend gross and the worldwide gross, and the U.S. gross and worldwide gross?
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Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780132168380
12th Edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
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