(Solution) - Movie companies need to predict the gross receipts of individual -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Movie companies need to predict the gross receipts of individual movies once a movie has debuted. The following results, stored in. are the first weekend gross, the, and the worldwide gross (in $millions) of the eight Harry Potter movies:

a. Construct a scatter plot with first weekend gross on the X axis and U.S gross on the Y axis.
b. Construct a scatter plot with first weekend gross on the X axis and worldwide gross on the Y axis.
c. What can you say about the relationship between first weekend gross and U.S gross and first weekend gross and worldwide gross?