A Financier Whose Specialty Is Investing in Movie Productions Has

question 149

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. $$\begin{array} { | c | c | c | } \hline \text { Movie } & \begin{array} { c } \text { Cost of two highest- } \\\text { paid performers } ( \$ \mathrm {~m} )\end{array} & \begin{array} { c } \text { Gross revenue } \\( \$ \mathrm {~m} )\end{array} \\\hline 1 & 5.3 & 48 \\\hline 2 & 7.2 & 65 \\\hline 3 & 1.3 & 18 \\\hline 4 & 1.8 & 20 \\\hline 5 & 3.5 & 31 \\\hline 6 & 2.6 & 26 \\\hline 7 & 8.0 & 73 \\\hline 8 & 2.4 & 23 \\\hline 9 & 4.5 & 39 \\\hline 10 & 6.7 & 58 \\\hline\end{array}$$ Determine the coefficient of determination, and discuss what its value tells you about the two variables.

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Definitions:

Short Bowel Syndrome

A condition resulting from the surgical removal of a large portion of the small intestine, affecting nutrient absorption.

Total Parenteral Nutrition

A method of feeding that bypasses the gastrointestinal tract, providing nutrition directly into the bloodstream through intravenous infusion.

Gastrostomy Feedings

The process of delivering nutrition directly into the stomach through a tube, used when someone cannot eat by mouth.

Tracheoesophageal Fistula

An abnormal connection (fistula) between the trachea and the esophagus, which can lead to breathing and feeding difficulties and often requires surgical correction.