Can anyone help me with this question. Ive been stuck on this question for a long time. It would mean the world to me thanks. Answers will be rated immediately:)

A motion industry analyst wants to estimate the gross earnings generated by a movie (Earnings in millions of dollars). The estimate will be based on different variables involved in the lm's production, such as Production: production cost of the movie (millions of dollars). Promotion: total cost of all promotional activities associated with the lm {millions of dollars). Booic is the lm based on a book published before the release of the movie (0: no, 1: yes)? The analyst takes a random sample of 60 Hollywood movies made within the last 5 years and records the values of Earnings. Production. Promotion and Bookfor each.2 This data set is saved in the a332 Excel le. (a) Briey describe the type and level of measurement of each of the four variables. (b) Consider the following three pairs of variables: Earnings and Production. Earnings and Promotion, and Earnings and Book. In each case, do you expect the variables to be related to each other? If yes. do you expect the relationship to be positive or negative? Explain your answers. (c) Using R, calculate the Pearson or Spean'nan correlation ooeicient. whichever is more appropriate. for the three pairs of variables in part (b). in each case, briey explain your choice between the Pearson and Speannan correlation coefcients and comment on the direction and relative strength of the relationship as implied by the point estimate. (d) Based on your answers in part (b), perform an appropriate one-tail test with R at the 5% signicance level on each pair of variables to determine whether there is a linear, or at least monotonic, relationship between the variables in the expected direction. In each case, show the hypotheses and state the statistical decision and the conclusion. \f