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In: Statistics and Probability

listed below are the budgets in million of dollars and the gross receipts in millions of...

listed below are the budgets in million of dollars and the gross receipts in millions of dollars for randomly selected movies.

budget x: 61, 92, 54, 37, 202, 105, 93
gross receipts: 64, 66, 52, 62, 543, 148, 51

a. find the value of the linear correlation coefficient r.

b.find the p value for this hypothesis test for linear correlation.

c. is there sufficient evidence to conclude yhqt there is a libeqr relatiibship between budgets and gross receipys? use level of significance id 0.05. use p value to substantiate answer.

write down the intercept of the regression equation.

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Expert Solution

orchestra answered 1 year ago
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