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Movie Revenues a Financier Whose Specialty Is Investing in Movie

Question 190

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Movie Revenues A financier whose specialty is investing in movie productions has observed that, in general, movies with "big-name" stars seem to generate more revenue than those movies whose stars are less well known. To examine his belief he records the gross revenue and the payment (in $ millions)given to the two highest-paid performers in the movie for ten recently released movies. Movie Revenues A financier whose specialty is investing in movie productions has observed that, in general, movies with big-name stars seem to generate more revenue than those movies whose stars are less well known. To examine his belief he records the gross revenue and the payment (in $ millions)given to the two highest-paid performers in the movie for ten recently released movies. {Movie Revenues Narrative} Predict with 95% confidence the gross revenue of a movie whose top two stars earn $5.0 million. {Movie Revenues Narrative} Predict with 95% confidence the gross revenue of a movie whose top two stars earn $5.0 million.

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45.65 ± 4.916. Thus,...

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