A financier whose specialty is investing

Reference no: EM13154806

A financier whose specialty is investing in comedy shows has observed that, in general, shows with "big- name" stars seem to generate more revenue than those shows whose stars are less well known. To examine his belief he records the gross revenue and the payment (in $ millions) given to the two highest- paid comedians in the show for ten recently staged shows. Use 99% confidence interval.
1 5.3 48 2 7.2 65 3 1.3 18 4 1.8 20 5 3.5 31 6 2.6 26 7 8.0 73 8 2.4 23
Show
Cost of Two Highest Paid Comedian ($mil)
Gross Revenue ($mil)
9 4.5 39 10 6.7 58

Reference no: EM13154806

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