Make a scatterplot and comment on what you see

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Reference no: EM131790153

Film Budgets and Grosses

Movie studios exert much effort trying to predict how much money their movies will make. One possible predictor is the amount of money spent on the production of the movie.

The table shows the budget and the amount of money made worldwide for the ten movies with the highest profits. The budget (amount spent on production) and gross are in millions of dollars.

Make a scatterplot and comment on what you see. If appropriate, find, report, and interpret the regression line. If it is not appropriate to do so, explain why.

Film

Budget

Gross

Avatar

237

2784

Titanic

200

1843

Harry Potter and the Deathly Hallows: Part II

125

1328

Lord of the Rings: The Return of the King

94

1141

Jurassic Park

63

924

The Lion King

79

953

Shrek 2

70

919

Star Wars Episode 1: Phantom Menace

115

1007

Star Wars Episode 4: A New Hope

11

798

ET: The Extra-Terrestrial

10

793

Reference no: EM131790153

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