A Financier Whose Specialty Is Investing in Movie Productions Has

question 134

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. $$\begin{array} { | c | c | c | } \hline \text { Movie } & \begin{array} { c } \text { Cost of two highest- } \\\text { paid performers } ( \$ \mathrm {~m} )\end{array} & \begin{array} { c } \text { Gross revenue } \\( \$ \mathrm {~m} )\end{array} \\\hline 1 & 5.3 & 48 \\\hline 2 & 7.2 & 65 \\\hline 3 & 1.3 & 18 \\\hline 4 & 1.8 & 20 \\\hline 5 & 3.5 & 31 \\\hline 6 & 2.6 & 26 \\\hline 7 & 8.0 & 73 \\\hline 8 & 2.4 & 23 \\\hline 9 & 4.5 & 39 \\\hline 10 & 6.7 & 58 \\\hline\end{array}$$ Calculate the Pearson correlation coefficient. What sign does it have? Why?

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Definitions:

Moderate Exercise

Physical activity of moderate intensity that is neither too easy nor too hard, often recommended to improve or maintain fitness and health.

Identity Status

A degree to which individuals have explored possible selves and whether they have committed to specific beliefs and goals, assessed by administering interview and survey measures, and categorized into four identity statuses.

Shoplifted

The act of stealing merchandise from a retail establishment without paying for it.

Pressuring

The act of attempting to persuade or coerce someone into doing something, often leading to stress or discomfort.