Movie ratings. Does the cost of making a movie depend on its audience? Heres a scatterplot of

Question:

Movie ratings. Does the cost of making a movie depend on its audience? Here’s a scatterplot of the same data we examined in Exercise 27.

Movies with an R rating are colored blue, those with a PG-13 rating are purple, and those with a PG rating are green. Regression lines have been found for each group. (The red points are G-rated, but there were too few to fit a line reliably.)

image text in transcribed

a) In what ways is the relationship between run times and budgets similar for the three different ratings groups?

b) How do the costs of R-rated movies differ from those of PG-13 and PG rated movies? Discuss both the slopes and the intercepts.

c) The film King Kong, with a run time of 187 minutes, is the purple point sitting at the lower right. If it were omitted from this analysis, how might that change your conclusions about PG-13 movies?

Fantastic news! We've Found the answer you've been seeking!

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: