A movie studio wishes to determine the relationship between the revenue from rental of DVDS and...

 

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A movie studio wishes to determine the relationship between the revenue from rental of DVDS and videotapes of comedies and the revenue generated from the theatrical release of such movies. The studio has the following bivariate data from a sample of fifteen comedies released over the past five years. These data give the revenue x from theatrical release (in millions of dollars) and the revenue y from DVD and videotape rentals (in millions of dollars) for each of the fifteen movies. The data are displayed in the Figure 1 scatter plot. Also given is the product of the theater revenue and the rental revenue for each of the fifteen movies. (These products, written in the column labelled "xy", may aid in calculations.) Theater Rental revenue, x revenue, y (in millions of dollars) xy (in millions of dollars) 14.5 1.8 26.1 15- 27.9 12.4 345.96 16+ 35.9 12.6 452.34 14+ 6.4 3.4 21.76 12 31.3 5.1 159.63 25.5 8.8 224.4 10.1 667.61 66.1 45.2 6.5 293.8 62.4 10.0 624 50 28.4 2.8 79,52 Theater revenue 13.4 9.5 127.3 (in millions of dollars) 5.8 120.06 20.7 Figure 1 61.0 15,5 945.5 191.66 25.9 7.4 15.8 771.04 48.8 Rental revenue (in millions of dollars) www-awn.aleks.com/alekscgi/x/Isl.exe/1o_u-IgNslkr7j8P3jH-IBGBIH_OB3uhhqwxlXoS5SIQhuX6YjFjUgDFVjsLWu6J4Cmjg-ANjIPMWFZsF81--Px_Jnt23sp3mlfQKpl5vqYrFIS_xFq?1oBw7QYjlbavbSPXtx-YCjsh_7mMmrq#item 女 O CORRELATION AND SIMPLE LINEAR REGRESSION Emmanuel V Using summations to compute the sample correlation coefficien... 12.4 16 35.9 12.6 452.34 14+ 6.4 3.4 21.76 12+ 31.3 5.1 159.63 10- 25.5 8.8 224.4 8. 66.1 10.1 667.61 4 45.2 6.5 293.8 笑 As 62.4 10.0 624 10 20 30 40 50 60 70 28.4 2.8 79.52 13.4 9.5 127.3 Theater revenue (in millions of dollars) 20.7 5.8 120.06 Figure 1 61.0 15.5 945.5 25.9 7.4 191.66 48.8 15.8 771.04 What is the slope of the least-squares regression line for these data? Carry your intermediate computations to at least four decimal places and round your answer to at least two decimal places. (If necessary, consult a list of formulas.) Check Explanation 2020 McGraw-Hill Education. All Rights Reserved. Terms of Use | Privacy I Accessibility 11:12 AM 12/2/2020 O Type here to search Rental revenue (In millions of dollars) A movie studio wishes to determine the relationship between the revenue from rental of DVDS and videotapes of comedies and the revenue generated from the theatrical release of such movies. The studio has the following bivariate data from a sample of fifteen comedies released over the past five years. These data give the revenue x from theatrical release (in millions of dollars) and the revenue y from DVD and videotape rentals (in millions of dollars) for each of the fifteen movies. The data are displayed in the Figure 1 scatter plot. Also given is the product of the theater revenue and the rental revenue for each of the fifteen movies. (These products, written in the column labelled "xy", may aid in calculations.) Theater Rental revenue, x revenue, y (in millions of dollars) xy (in millions of dollars) 14.5 1.8 26.1 15- 27.9 12.4 345.96 16+ 35.9 12.6 452.34 14+ 6.4 3.4 21.76 12 31.3 5.1 159.63 25.5 8.8 224.4 10.1 667.61 66.1 45.2 6.5 293.8 62.4 10.0 624 50 28.4 2.8 79,52 Theater revenue 13.4 9.5 127.3 (in millions of dollars) 5.8 120.06 20.7 Figure 1 61.0 15,5 945.5 191.66 25.9 7.4 15.8 771.04 48.8 Rental revenue (in millions of dollars) www-awn.aleks.com/alekscgi/x/Isl.exe/1o_u-IgNslkr7j8P3jH-IBGBIH_OB3uhhqwxlXoS5SIQhuX6YjFjUgDFVjsLWu6J4Cmjg-ANjIPMWFZsF81--Px_Jnt23sp3mlfQKpl5vqYrFIS_xFq?1oBw7QYjlbavbSPXtx-YCjsh_7mMmrq#item 女 O CORRELATION AND SIMPLE LINEAR REGRESSION Emmanuel V Using summations to compute the sample correlation coefficien... 12.4 16 35.9 12.6 452.34 14+ 6.4 3.4 21.76 12+ 31.3 5.1 159.63 10- 25.5 8.8 224.4 8. 66.1 10.1 667.61 4 45.2 6.5 293.8 笑 As 62.4 10.0 624 10 20 30 40 50 60 70 28.4 2.8 79.52 13.4 9.5 127.3 Theater revenue (in millions of dollars) 20.7 5.8 120.06 Figure 1 61.0 15.5 945.5 25.9 7.4 191.66 48.8 15.8 771.04 What is the slope of the least-squares regression line for these data? Carry your intermediate computations to at least four decimal places and round your answer to at least two decimal places. (If necessary, consult a list of formulas.) Check Explanation 2020 McGraw-Hill Education. All Rights Reserved. Terms of Use | Privacy I Accessibility 11:12 AM 12/2/2020 O Type here to search Rental revenue (In millions of dollars)