Question: Assuming a linearrelationship, use theleast-squares method to determine the regression coefficients b0 and b1. Interpret the meaning of theslope, b1, in this problem. Interpret the

  1. Assuming a linearrelationship, use theleast-squares method to determine the regression coefficients b0 and b1.
  2. Interpret the meaning of theslope, b1, in this problem.
  3. Interpret the meaning of theslope, b1, in this problem.
  4. Predict the mean opening weekend box office gross for a movie that had 80 million online trailer views.

Online Trailer Views (millions) Opening Weekend Box Office Gross ($millions)

60.518 29.685

13.717 9.622

9.675 6.109

8.871 21.626

86.682 103.239

34.073 64.523

24.288 20.901

7.304 9.539

3.458 7.727

43.207 37.363

9.526 16.845

25.857 19.105

5.457 0.650

58.316 149.028

10.167 12.286

11.982 10.536

9.238 2.797

0.021 1.020

2.584 1.580

2.394 8.666

3.576 7.166

6.144 0.745

29.197 99.705

0.533 5.594

0.922 10.043

6.708 10.981

53.233 47.737

3.959 5.151

28.077 22.569

8.840 10.181

15.813 11.424

59.526 37.351

77.904 171.900

3.150 0.903

37.905 63.185

4.516 17.235

43.303 87.206

4.989 4.690

6.630 33.377

0.942 3.705

2.258 1.513

11.327 18.470

8.966 12.202

15.177 4.357

13.714 30.436

31.231 53.003

52.612 46.607

16.235 13.003

6.884 3.776

11.698 18.223

2.827 3.471

23.075 13.602

12.606 40.011

0.826 1.385

27.536 20.130

7.273 3.404

3.323 1.207

4.267 10.951

3.790 8.344

7.597 11.614

12.912 13.501

7.067 5.106

5.020 1.985

7.739 22.800

16.795 13.689

7.643 2.080

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