Question
Online Trailer Views(millions) Opening Weekend Box Office Gross(m) Online Trailer Views(millions) Opening Weekend Box Office Gross($millions 60.390 32.345 4.496 16.17 7.888 4.824 32.751 63.881 9.016
Online Trailer Views(millions) | Opening Weekend Box Office Gross(m) | Online Trailer Views(millions) | Opening Weekend Box Office Gross($millions |
60.390 | 32.345 | 4.496 | 16.17 |
7.888 | 4.824 | 32.751 | 63.881 |
9.016 | 6.752 | 5.069 | 14.333 |
8.549 | 23.928 | 45.778 | 86.873 |
82.919 | 102.610 | 4.989 | 4.690 |
34.468 | 64.508 | 6.630 | 33.377 |
18.895 | 21.203 | 0.942 | 3.705 |
8.314 | 12.642 | 2.258 | 1.513 |
1.486 | 6.302 | 11.327 | 18.470 |
44.882 | 34.593 | 8.966 | 12.202 |
6.872 | 18.809 | 15.177 | 40357 |
29.133 | 17.555 | 13.714 | 30.436 |
7.210 | 2.587 | 31.231 | 53.003 |
59.984 | 146.253 | 52.612 | 46.607 |
5.245 | 14.555 | 16.235 | 13.003 |
13.342 | 8.988 | 6.884 | 3.776 |
13.040 | 2.668 | 11.698 | 18.223 |
0.673 | 8.483 | 2.827 | 3.471 |
0.999 | 4.522 | 23.075 | 13.602 |
7.747 | 0.923 | 12.606 | 40.011 |
3.857 | 1.274 | 0.826 | 1.385 |
5.975 | 5.741 | 27.536 | 20.130 |
28.822 | 94.853 | 7.273 | 3.404 |
2.909 | 4.475 | 3.323 | 1.207 |
3.022 | 14.932 | 4.267 | 10.951 |
7.216 | 9.918 | 3.790 | 8.344 |
51.745 | 49.870 | 7.597 | 11.614 |
3.716 | 4.061 | 12.912 | 13.501 |
32.151 | 19.305 | 7.067 | 5.106 |
8.477 | 4.944 | 5.020 | 1.985 |
13.857 | 10.112 | 7.739 | 22.800 |
59.220 | 39.868 | 16.795 | 13.689 |
77.643 | 174.450 | 7.643 | 2.080 |
A box office analyst seeks to predict opening weekend box office gross for movies. Toward thisgoal, 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 ofdollars) are collected and stored in the accompanying table. Complete parts(a) through(e) below.
a. Construct a scatter plot. Choose the correct graph below. D.
A scatter plot has a horizontal axis labeled Trailer Views in millions from 0 to 100 in increments of 10 and a vertical axis labeled Opening Gross in millions of dollars from 0 to 200 in increments of 20. About 70 plotted points follow the general pattern of a line segment that rises from left to right from (8, 2) to (78, 174). Most points are within 20 vertical units of the overall pattern. All coordinates are approximate.
Your answer is correct.
b. Assuming a linearrelationship, use theleast-squares method to determine the regression coefficients
b0 and b1.
b0= 6.21
b1= 0.469
(Round the value of b0 to two decimal places as needed. Round the value of b1 to three decimal places asneeded.)
(I keep getting this answer wrong. I've tried manual and Excel computations)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started