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Amovie's box office gross is used to predict DVD revenue. For a sample of 22 movies, an analysis of variance showed that b1=0.3311 and Sb1=0.0713.
Amovie's box office gross is used to predict DVD revenue. For a sample of 22 movies, an analysis of variance showed that b1=0.3311 and Sb1=0.0713.
a. At the 0.05 level ofsignificance, is there evidence of a linear relationship between box office gross and DVDrevenue?
b. Compute the test statistic. Identify the critical value(s).
c. Construct a95% confidence interval estimate of the populationslope, 1.
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