80.2K

Verified Solution

Link Copied!

give the revenue x from theatrical release in millions of dollars and the revenue y from streaming service rentals in millions of dollars for each of the fifteen movies Also shown are the scatter plot and the least squares regression line for the data The equation for this line is y 3 11 0 15x Theater revenue x in millions of dollars Question 5 of 9 1 point Question Attempt 1 of 3 7 0 43 9 66 4 13 5 20 8 49 9 28 1 60 5 Send data to calculator Rental revenue y in millions of dollars Send data to Excel Based on the studio s data and the regression line complete the following in millions of dollars 27 4 61 8 26 2 36 8 26 5 14 2 31 0 7 0 43 9 66 4 13 5 20 8 10 0 2 0 7 3 9 8 10 5 5 2 16 1 2 1 15 5 a For these data values for theater revenue that are less than the mean of the values for theater revenue tend to be paired with values for rental revenue that are Choose one the mean of the values for rental revenue rendct y in millions of dollars 11 2 9 9 7 1 12 6 8 0 2 1 5 9 2 0 7 3 9 8 10 5 5 2 Renta in millio b According to the regression equation for an increase of one million dollars in theater revenue there is a corresponding increase of how many million dollars in rental revenue Rental revenue in millions of dollars 18 164 14 xx 12 10 Theater revenue in millions of dollars x x x X X xx X 5 Javier V Espas C

Answer & Explanation Solved by verified expert

See Answer