Movie companies need to predict the gross receipts of an individual movie once the movie has debuted.

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Movie companies need to predict the gross receipts of an individual movie once the movie has debuted. The following results (stored in PotterMovies) are the first weekend gross, the U.S. gross, and the worldwide gross (in $millions) of the six Harry Potter movies that debuted from 2001 to 2009:
Movie companies need to predict the gross receipts of an

a. Compute the coefficient of correlation between first weekend gross and the U.S. gross, first weekend gross and the worldwide gross, and the U.S. gross and worldwide gross.
b. At the 0.05 level of significance, is there a significant linear relationship between first weekend gross and the U.S. gross, first weekend gross and the worldwide gross, and the U.S. gross and worldwide gross?

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Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

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