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May is the beginning of blockbuster season at the movie theaters. The following chart gives the May box office receipts in the United States (in
May is the beginning of blockbuster season at the movie theaters. The following chart gives the May box office receipts in the United States (in millions of USD) for 8 years in the 1990s
year | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 |
receipts | 273 | 316 | 297 | 323 | 373 | 453 | 472 | 510 |
Find a linear regression model which predicts May box office receipts as a function of
the year. Give the equation of the fitted model.
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