Movie dramas. Heres a scatterplot of the production budgets (in millions of dollars) vs. the running time
Question:
Movie dramas. Here’s a scatterplot of the production budgets (in millions of dollars) vs. the running time (in minutes) for major release movies in 2005. Dramas are plotted in red and all other genres are plotted in blue. A separate least squares regression line has been fitted to each group. For the following questions, just examine the plot:
a) What are the units for the slopes of these lines?
b) In what way are dramas and other movies similar with respect to this relationship?
c) In what way are dramas different from other genres of movies with respect to this relationship?
Step by Step Answer:
Related Book For
Business Statistics
ISBN: 9780321716095
2nd Edition
Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe
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