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A box office analyst seeks to predict opening weekend box office gross for movies. Toward this goal, the analyst plans to use YouTube trailer views
A box office analyst seeks to predict opening weekend box office gross for movies. Toward this goal, the analyst plans to use YouTube trailer views as a predictor. For each of the movies, the YouTube trailer view count, the number of YouTube trailer views from the release of the trailer through the Saturday before a movie opens, and the opening weekend box office gross in $millions are collected and stored in the accompanying table. Complete parts a through e below.LOADING... Click the icon to view the trailer views and box office gross data.Question content area bottomPart a Construct a scatter plot. Choose the correct graph below.ATrailer Views milOpening Gross $mil A scatter plot has a horizontal axis labeled Trailer Views in millions from to in increments of and a vertical axis labeled Opening Gross in millions of dollars from to in increments of plotted points follow the general pattern of a line segment that rises from left to right from to before following the general pattern of a line segment that rises from left to right at a sharper rate to The points and are also plotted. All coordinates are approximate.BOpening Gross $milTrailer Views mil A scatter plot has a horizontal axis labeled Opening Gross in millions of dollars from to in increments of and a vertical axis labeled Trailer Views in millions from to in increments of plotted points follow the general pattern of a line segment that rises from left to right from to Most points are within vertical units of the overall pattern. All coordinates are approximate.CTrailer Views milOpening Gross $mil A scatter plot has a horizontal axis labeled Trailer Views in millions from to in increments of and a vertical axis labeled Opening Gross in millions of dollars from to in increments of plotted points follow the general pattern of a line segment that rises from left to right from to Most points are within vertical units of the overall pattern. All coordinates are approximate.DOpening Gross $milTrailer Views mil A scatter plot has a horizontal axis labeled Opening Gross in millions of dollars from to in increments of and a vertical axis labeled Trailer Views in millions from to in increments of plotted points follow the general pattern of a line segment that rises from left to right from to before following the general pattern of a line segment that rises from left to right at a gentler rate to The points and are also plotted. All coordinates are approximate.Part b Assuming a linear relationship, use the leastsquares method to determine the regression coefficients b b and b bb bequalsenter your response hereb bequalsenter your response hereRound the value of b b to two decimal places as needed. Round the value of b b to three decimal places as needed.Part c Interpret the meaning of the slope, b b in this problem. Select the correct choice below and fill in the answer box to complete your choice.Round to three decimal places as needed.AFor each increase in opening weekend box office gross of $ million, the number of YouTube trailer views is expected to increase by enter your response here million. BThe approximate YouTube trailer views when the opening weekend box office gross is $ is enter your response here million.CThe approximate predicted opening weekend box office gross when the number of YouTube trailer views is is $enter your response here million.DFor each increase of million YouTube trailer views, the predicted opening weekend box office gross is expected to increase by $enter your response here million.Part d Predict the mean opening weekend box office gross for a movie that had million YouTube trailer views.The predicted mean opening weekend box office gross will be $enter your response here million.Round to two decimal places as needed.Part e What insights can be obtained about predicting opening weekend box office gross from YouTube trailer views?AAs the number of YouTube trailer views increases, the mean opening weekend box office gross can be expected to increase.BThere is no relationship between the number of YouTube trailer views and the mean opening weekend box office gross.CAs the mean opening weekend box office increases, the number of YouTube trailer views can be expected to decrease.DAs the number of YouTube trailer views increases, the mean opening weekend box office gross can be expected to decrease.EAs the mean opening weekend box office increases, the number of YouTube trailer views can be expected to increase.
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