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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
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