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A company that holds the DVD distribution rights to movies released only in theaters has the business objective of developing estimates of the sales revenue

A company that holds the DVD distribution rights to movies released only in theaters has the business objective of developing estimates of the sales revenue of DVDs. A company analyst plans to use box office gross to predict DVD sales revenue. For 22 ?movies, the analyst collects the box office gross?(in $millions) in the year that they were released and the DVD revenue?(in $millions) in the following year. Use the given data to complete parts?(a) through?(e) below.

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\fO A. OB. OC. O D. 200- Box Off. Gross ($M) 100 Box Off. Gross (phil) 100 + 100 DVD Revenue ($ M) 100- 100- DVD Revenue (FM) 200 DVD Revenue (5M) DVD Revenue (SM) 0 200 Box Off. Gross (SM) Box Off. Gross (SM) b. Assuming a linear relationship, use the least-squares method to determine the regression coefficients bo and b, bo b, = (Round to three decimal places as needed.)c. Interpret the meaning of the slope, by, in this problem. Choose the correct answer below. O A. For each increase of one million dollars in DVD revenue, the box office gross is expected to increase by b, million dollars B. The approximate box office gross when the DVD revenue is 0 dollars is b, million dollars O C. For each increase of one million dollars in box office gross, the DVD revenue is expected to increase by b, million dollars O D. The approximate DVD revenue when the box office gross is 0 dollars is b, million dollars. d. Predict the mean sales revenue for a movie DVD that had a box office gross of $50 million 5 million Round to two decimal places as needed.) e. What conclusion can you reach about predicting DVD revenue from movie gross. ()A. The mean predicted increase in the box office gross is approximately $18,906,000 for each million-dollar increase in DVD sales ()B. The mean predicted increase in the box office gross is approximately $267 000 for each million-dollar increase in DVD sales )C. The mean predicted increase in DVD sales is approximately $18,906,000 for each million-dollar increase in the box office gross D. The mean predicted increase in DVD sales is approximately $267,000 for each million-dollar increase in the box office gross

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