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:

image text in transcribed

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  book-img-for-question

Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

Question Posted: