Question
Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regression equation, letting the budget
Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regression equation, letting the budget be the predictor (x) variable. Find the best predicted amount that a movie will gross if its budget is $130 million. Budget ($)in Millions Gross ($) in Millions The regression equation is = 39 24 115 74 79 54 120 64 7 57 127 19 14 116 17 109 60 117 119 96 96 63 33 96 219 41 10 +x. (Round to one decimal place as needed.) The best predicted gross for a movie with a $130 million budget is $ million.
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