Make a scatterplot and comment on what you see

Assignment Help Basic Statistics

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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