Movie companies need to predict the gross receipts of an individual movie once the movie has debuted.
Question:
a. Compute the coefficient of correlation between first weekend gross and U.S. gross, first weekend gross and worldwide gross, and 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 U.S. gross, first weekend gross and worldwide gross, and U.S. gross and worldwide gross?
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Related Book For
Statistics For Managers Using Microsoft Excel
ISBN: 9780133130805
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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