Question: Can some one explain how to solve a problem like this? Thank you. Listed below are paired data consisting of movie budget amounts and the

Can some one explain how to solve a problem like this? Thank you.

Can some one explain how to solve a problem like this? Thank

Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regression equation, letting the budget be the predictor (x) variable. Find the best predicted amount that a movie will gross if its budget is $105 million. Use a significance level of a = 0.05 Budget ($)in Millions 43 18 117 68 77 52 118 63 3 58 121 20 8 145 30 Gross ($) 115 12 108 in Millions 60 118 107 98 109 46 106 212 28 9 289 50 Click the icon to view the critical values of the Pearson correlation coefficient r. The regression equation is y =] + ]x. Round to one decimal place as needed.) The best predicted gross for a movie with a $105 million budget is $ million. Round to one decimal place as needed.)

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