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Trailer Views vs. Opening Weekend Gross Opening Weekend Opening Weekend Online Trailer Box Office Gross Online Trailer Box Office Gross Views (millions) ($millions) Views (millions)
Trailer Views vs. Opening Weekend Gross Opening Weekend Opening Weekend Online Trailer Box Office Gross Online Trailer Box Office Gross Views (millions) ($millions) Views (millions) ($millions) 60.101 29.244 6.553 4.137 13.225 4.871 33.488 61.025 11.795 5.680 3.842 16.172 7.428 27.746 44.704 88.412 82.305 105.365 4.989 4.690 32.366 60.945 6.630 33.377 22.549 17.001 0.942 3.705 4.043 13.177 2.258 1.513 2.853 9.599 11.327 18.470 44.292 36.577 8.966 12.202 5.977 23.306 15.177 4.357 27.976 16.603 13.714 30.436 7.401 2.349 31.231 53.003 58.019 146.710 52.612 46.607 6.834 12.1 10 16.235 13.00311.405 6.209 6.884 3.776 11.558 3.521 11.698 18.223 1.663 2.137 2.827 3.471 3.631 1.552 23.075 13.602 5.103 8.130 12.606 40.011 6.674 1.419 0.826 1.385 7.724 0.918 27.536 20.130 30.590 96.703 7.273 3.404 0.629 3.192 3.323 1.207 3.373 8.604 4.267 10.951 8.310 14.374 3.790 8.344 53.736 50.028 7.597 11.614 5.830 0.962 12.912 13.501 31.195 17.630 7.067 5.106 4.821 7.072 5.020 1.985 15.516 12.502 7.739 22.800 61.934 40.300 16.795 13.689 82.607 174.751 7.643 2.080A box office analyst seeks to predict opening weekend box ofce 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. The least-squares regression equation for these data is '1'i = - 0.802 + 1.386% and the standard error of the estimate is SYX = 19.770. Assume that the straight-line model is appropriate and there are no serious violations the assumptions of the least-squares regression model. Complete parts (a) and (b) below. Click the icon to view the data on online trailer views and opening weekend box office gross. a. At the 0.01 level of significance, is there evidence of a linear relationship between online trailer views and opening weekend box office gross? Determine the hypotheses for the test. H0: ' V H1 : V V (Type integers or decimals. Do not round.) The test statistic is tSTAT = (Round to two decimal places as needed.) Find the p-value. The p-value is (Round to three decimal places as needed.) Reach a decision. Ho. There is evidence to conclude that there is a linear relationship between online trailer views and opening weekend box office gross.b. Construct a 99% confidence interval estimate of the population slope, B1. The confidence interval is (Round to three decimal places as needed.)
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