Question
10. Listed below are the budgets (in millions of dollars) and the gross receipts (in millions of dollars) for randomly selected movies. Construct a
10. Listed below are the budgets (in millions of dollars) and the gross receipts (in millions of dollars) for randomly selected movies. Construct a scatterplot, find the value of the linear correlation coefficient r, and find the P-value using a = 0.05. Is there sufficient evidence to conclude that there is a linear correlation between budgets and gross receipts? Do the results change if the actual budgets listed are $60,000,000, $91,000,000, $47,000,000, and so on? Budget (x) Gross (y) 60 91 47 34 200 95 88 66 69 48 59 682 144 48 What are the mull and alternative hypotheses? YA Ho p=0 H p=0 OC H p=0 H p>0 OB Ho p=0 Hi p
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Elementary Statistics
Authors: Mario F. Triola
12th Edition
0321836960, 978-0321836960
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