Move studios try to predict how much money their movies will make. One possible predictor is the
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Move studios try to predict how much money their movies will make. One possible predictor is the amount of money spent on the production of the movie. The table shows the budget and amount of money made for a sample of movies made in 2017. The budget (amount spent making the movie) and gross (amount earned by ticket sales) are shown in the table. Make a scatterplot of the data and comment on what you see. If appropriate, do a complete linear regression analysis. If it is not appropriate to do so, explain why not.
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Related Book For
Introductory Statistics Exploring The World Through Data
ISBN: 9780135163146
3rd Edition
Authors: Robert Gould, Rebecca Wong, Colleen N. Ryan
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