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Perform correlation and linear regression analysis. 18) A theater owner wants to see if there is a linear correlation between the budget of the top
Perform correlation and linear regression analysis. 18) A theater owner wants to see if there is a linear correlation between the budget of the top ten movies in 2019 and the total theatrical grosses for each movie. Budget (in millions of dollars) 356 260 200 150 160 275 160 183 55 79 Total Theatrical Grosses (in 858 544 434 430 427 391 391 356 334 212 millions of dollars) a) Use the calculator to find the correlation r between the number the budget of the top ten movies in 2019 and the total theatrical grosses for each movie. Round r to three decimals. b) Use Table A-6 to find the critical values for r. c) Determine if there is significant linear correlation in the population. Clearly state the conclusion. Extra Credit For the paired data in problem 18 (budget Vs Total Theatrical Grosses): 1) Find the regression equation. Round bo and bj to three decimals. 2) Find the best-predicted total theatrical grosses when the budget is 250
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