A Financier Whose Specialty Is Investing in Movie Productions Has

question 108

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:

Insecurely Attached

Insecurely attached refers to a type of attachment style where individuals have difficulty forming secure and trusting relationships, often due to inconsistent caregiving in early life.

Narcissism

A personality trait characterized by an inflated sense of self-importance, a deep need for excessive attention and admiration, and a lack of empathy for others.

Hostility Toward Women

Negative attitudes and feelings of anger, aggression, or resentment towards women, often rooted in sexism or misogyny.

Sexual Orientation

Describes an individual's pattern of emotional, romantic, or sexual attraction to others, based on their gender.