A Financier Whose Specialty Is Investing in Movie Productions Has

question 128

Essay

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 $ million) given to the two highest-paid performers in the movie for 10 recently released movies. $$\begin{array} { | c | c | c | } \hline \text { Movie } & \begin{array} { c } \text { Cost of two highest- } \\\text { paid performers } ( \$ \mathrm {~m} )\end{array} & \begin{array} { c } \text { Gross revenue } \\( \$ \mathrm {~m} )\end{array} \\\hline 1 & 5.3 & 48 \\\hline 2 & 7.2 & 65 \\\hline 3 & 1.3 & 18 \\\hline 4 & 1.8 & 20 \\\hline 5 & 3.5 & 31 \\\hline 6 & 2.6 & 26 \\\hline 7 & 8.0 & 73 \\\hline 8 & 2.4 & 23 \\\hline 9 & 4.5 & 39 \\\hline 10 & 6.7 & 58 \\\hline\end{array}$$ Predict with 95% confidence the average gross revenue of a movie whose top two stars earn $5.0 million.

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Definitions:

Field Wire

Refers to the electrical cabling and wiring used in the field or on-site installations, typically for connecting sensors, devices, or equipment to control systems.

Input Module

A component in control and automation systems designed to read and process input signals from various sensors or devices.

Master Control Relay

A relay used within a control system to switch the operational mode of the system, often used to start or stop processes.

Main Program

The primary and central part of a software application or system that coordinates all operations and processes.