Movie production companies spend millions of dollars to produce movies, with the great hope of attracting millions of people to the theater.The success of a movie can be measured in many ways, two of which are box office receipts and the number of Oscar nominations received. Below is a list of ten 2008 movies with their €œreport card.€ Each movie is measured by its budget cost (in milllions of dollars), its box office receipts (in millions of dollars), and the number of Oscar nominations it received.

a. Draw a scatter diagram using x = budget and y = box office.
b. Does there appear to be a linear relationship?
c. Calculate the linear correlation coefficient, r.
d. What does this value of correlation seem to be telling us? Explain.
e. Repeat questions a through d using x = box office and y = nominations.

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Movie Budget Box Office Nominations FTOUS of Benjamin Button Slumdog Millionaire Milk The Dark Knight WALLE Frast/Nixon The Reader Doub Changelin The Wrestler 150 15 20 185 180 25 32 20 127.5 141.3 31.8 533.3 223.8 18.6 34.2 33.4 35.7 26.2 13 10 9