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Mathematics, 20.08.2020 05:01 ryanbasdao

Listed below are the budgets (in millions of dollars) and the gross receipts (in millions of dollars) for randomly selected movies. Construct a scatterplot, find the value of the linear correlation coefficient r, and find the P-value using alpha = 0.05. Is there sufficient evidence to conclude that there is a linear correlation between budgets and gross receipts? Do the results change if the actual budgets listed are $61,000,000, $92,000,000, $48,000,000, and so onBudget(x) 61 92 48 36 135 58 93Gross(y) 69 62 53 58 627 144 42a. What are the null and alternative hypotheses?i) H_0: rho = 0, H_1: rho < 0ii) H_0: rho = 0, H_1: rho notequalto 0iii) H_0: rho notequalto 0, H_1: rho = 0iv) H_0: rho = 0, H_1: rho > 0b. Construct a scatterplot. Choose the correct graph below. c. The linear correlation coefficient r is. d. The test statistic t is. e. The P-value is.

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