Online Trailer Views (millions) 56.605 11.009 8.673 7.771 83.083 32.201 18.816 4.122 1.045 44.734 6.124 28.723 1.809 57.42 6.397 10.252 8.647 2.73 0.228 5.874 8.548 9.034 33.53 1.92 4.362 6.97 53.982 3.593 31.317 5.655 12.337 57.454 78.372 5.824 38.161 4.432 45.341 4.989 6.63 0.942 2.258 11.327 8.966 15.177 13.714 31.231 52.612 16.235 6.884 11.698 2.827 23.075 12.606 0.826 27.536 7.273 3.323 4.267 3.79 7.597 12.912 7.067 5.02 7.739 16.795 7.643
Opening Weekend Box Office Gross ($millions) 32.885 4.332 6.173 20.325 100.968 62.588 18.471 7.908 6.333 36.546 21.354 14.058 5.846 143.452 14.911 5.853 1.343 6.148 3.887 8.764 1.578 1.222 95.667 2.378 10.701 10.604 49.341 1.491 20.199 6.177 11.922 38.314 177.421 1.722 61.815 15.882 85.624 4.69 33.377 3.705 1.513 18.47 12.202 4.357 30.436 53.003 46.607 13.003 3.776 18.223 3.471 13.602 40.011 1.385 20.13 3.404 1.207 10.951 8.344 11.614 13.501 5.106 1.985 22.8 13.689 2.08
A box office analyst seeks to predict opening weekend box office gross for movies. Toward this goal, the analyst plans to use online trailer views as a predictor. For each of the 66 movies, the number of online trailer views from the release of the trailer through the Saturday before a movie opens and the opening weekend box office gross (in millions of dollars) are collected and stored in the accompanying table. Complete parts (a) through (e) below. Click the icon to view the data on online trailer views and opening weekend box office gross. 200 100 200 O Opening Gross ($mil) Trailer Views (mil) Opening Gross ($mil) Trailer Views (mil) b. Assuming a linear relationship, use the least-squares method to determine the regression coefficients bo and by - bo = - 0.93 by = 1.409 (Round the value of bo to two decimal places as needed. Round the value of b, to three decimal places as needed.) c. Interpret the meaning of the slope, by, in this problem. Select the correct choice below and fill in the answer box to complete your choice. (Round to three decimal places as needed.) A. For each increase of 1 million online trailer views, the predicted opening weekend box office gross is expected to increase by $ 1.409 million. O B. The approximate online trailer views when the opening weekend box office gross is $0 is million. O C. For each increase in opening weekend box office gross of $1 million, the number of online trail line trailer views is expected to increase by million. O D. The approximate predicted opening weekend box office gross when the number of online trailer views is 0 is $ million. d. Predict the mean opening weekend box office gross for a movie that had 6 million online trailer views. The predicted mean opening weekend box office gross will be $ 7.52 million. (Round to two decimal places as needed.) e. What insights can be obtained about predicting opening weekend box office gross from online trailer views? O A. As the number of online trailer views increases, the mean opening weekend box office gross can be expected to decrease. O B. As the mean opening weekend box office increases, the number of online trailer views can be expected to increase O C. As the number of online trailer views increases, the mean opening weekend box office gross can be expected to increase. O D. There is no relationship between the number of online trailer views and the mean opening weekend box office gross. O E. As the mean opening weekend box office increases, the number of online trailer views can be expected to decrease