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1.How does the cost of a movie depend on its length? Data on the cost and running time for major release firms of 2005 are

1.How does the cost of a movie depend on its length? Data on the cost and running time for major release firms of 2005 are summarized below:

Dependent variable is Budget ( $million ) R - squared = 27. 3%/0 5 = 32. 95 with 120 - 2 = 118 degrees of freedom Variable Coefficient SE CLOSED Intercept - 63. 9981 17.12 Run time 1. 02648 0. 154

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