Question 1147493: The accompanying table shows the number of movie theaters showing a popular film and the film's weekly gross earnings, in millions of dollars. Use the table to answer the questions 1), 2).
Number of Theaters (x)
443
456
493
530
569
657
723
1,054
Gross Earnings (y)
(millions of dollars)
2.57
2.65
3.73
4.05
4.76
4.79
5.15
9.63
1). Write the linear regression equation for this set of data, rounding values to five decimal places. Using this linear regression equation, find the approximate gross earnings, in millions of dollars, generated by 610 theaters. Round your answer to two decimal places.
2). Find the minimum number of theaters that would generate at least 7.65 million dollars in gross earnings in one week.
Answer by ikleyn(52864) (Show Source):
You can put this solution on YOUR website! .
The era of personal computers is just two or three decades.
Therefore, find an appropriate linear regression online solver (preferably, free of charge),
read the instruction to it, input your data and press the "SOLVE" button.
You will get the answer in second, without any help from outside.
You can find TENS such sites, using the GOOGLE search engine with the keyword phrase "linear regression online solver".
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