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The regression equation of this group of data is given as ŷ = 0.0108X - 1.98123.
ŷ = 0.0108X - 1.98123
x = 610
= 0.0108*610 - 1.98123
= 4.61 million dollars
2. the minimum number of theaters that would generate at least 7.65 million dollars in gross earnings in one week.
7.65= 0.0108x-1.98123
take like terms
x = 892
2. correlation coefficient of X and Y is r = -0.987
This shows a negative relationship
b)Linear Regression Equation =
Y = 313309 - 34740x
c) Y = 313309 - 34740x
Y = 313309 - 34740 * 3
209089
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