Question: Listed below are the amounts millions of dollars grossed during
Listed below are the amounts (millions of dollars) grossed during the first three weeks of the movie Harry Potter and the Half Blood Prince. Use the best model to predict the gross amount on the 22nd day of the movie’s release. Is the result close to the actual amount of $2.2 million? Is there any characteristic of the data not revealed by the model?
Construct a scatterplot and identify the mathematical model that best fits the given data. Assume that the model is to be used only for the scope of the given data, and consider only linear, quadratic, logarithmic, exponential, and power models.
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