Construct a scatter plot, Construct a scatter plot. What

Construct a scatter plot

Reference no: EM133211036

Assignment - Box Office Analyst Worksheet - Problem - A box office analyst seeks to predict opening weekend box office gross for movies. Toward this goal, the analyst plans to use YouTube trailer views as a predictor. For each of 66 movies, the YouTube trailer view count, the number of YouTube trailer views from the release of the trailer through the Saturday before a movie opens, and the opening weekend box office gross (in $millions) are collected and stored in Movie.

Movie	Opening Weekend Gross ($mil)	YouTube Trailer Views (millions)
The Mummy	32.246	57.897
It Comes At Night	6.001	10.785
Megan Leavey	3.768	10.099
Captain Underpants: The First Epic Movie	23.852	8.725
Wonder Woman	103.251	84.205
Pirates of the Caribbean: Dead Men Tell No Tales	62.983	34.990
Baywatch	18.504	21.764
Everything, Everything	11.727	5.550
Diary of a Wimpy Kid: The Long Haul	7.126	3.836
Alien: Covenant	36.161	45.615
Snatched	19.542	7.791
King Arthur: Legend of the Sword	15.371	28.187
Lowriders	2.404	4.496
Guardians of the Galaxy Vol. 2	146.510	57.324
How to Be a Latin Lover	12.252	7.394
The Circle	9.034	11.145
Sleight	1.702	11.175
Born in China	4.790	0.508
Free Fire	0.994	1.061
Unforgettable	4.785	5.387
The Promise	4.096	6.354
Phoenix Forgotten	1.816	7.714
The Fate of the Furious	98.787	30.870
The Case for Christ	3.968	0.280
Going in Style	11.932	2.645
Smurfs: The Lost Village	13.210	8.124
The Boss Baby	50.199	52.292
The Zookeeper's Wife	3.289	3.886
Ghost in the Shell	18.676	31.055
CHIPS	7.723	7.081
Life	12.502	13.550
Power Rangers	40.300	59.296
Beauty and the Beast	174.751	80.077
The Belko Experiment	4.137	5.546
Kong: Skull Island	61.025	35.309
The Shack	16.172	2.532
Logan	88.412	44.196
Before I Fall	4.690	4.989
Get Out	33.377	6.630
Rock Dog	3.705	0.942
Collide	1.513	2.258
The Great Wall	18.470	11.327
Fist Fight	12.202	8.966
A Cure for Wellness	4.357	15.177
John Wick: Chapter 2	30.436	13.714
The LEGO Batman Movie	53.003	31.231
Fifty Shades Darker	46.607	52.612
Rings	13.003	16.235
The Space Between Us	3.776	6.884
A Dog's Purpose	18.223	11.698
Gold	3.471	2.827
Resident Evil: The Final Chapter	13.602	23.075
Split	40.011	12.606
20th Century Women	1.385	0.826
xXx: Return of Xander Cage	20.130	27.536
The Founder	3.404	7.273
The Resurrection of Gavin Stone	1.207	3.323
Monster Trucks	10.951	4.267
Sleepless	8.344	3.790
Patriots Day	11.614	7.597
The Bye Bye Man	13.501	12.912
Live By Night	5.106	7.067
Silence	1.985	5.020
Hidden Figures	22.800	7.739
Underworld: Blood Wars	13.689	16.795
A Monster Calls	2.080	7.643

a. Construct a scatter plot.

b. Assuming a linear relationship, use the least-squares method to determine the regression coefficients b0 and b1.

c. Interpret the meaning of the slope, b1, in this problem.

d. Predict the mean weekend box office gross for a movie that had 20 million YouTube trailer views.

e. What conclusions can you reach about predicting weekend box office gross from YouTube trailer views?

Reference no: EM133211036

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