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Mathematics, 14.11.2019 03:31 meccadm

The file "boxofficedata. txt" contains three columns from movies in the past 10 years. the first column is budget, including marketing costs, the second column is box office revenue, and the third is genre, which is one of 6 categories.
a) for each genre of movie, build a confidence intervals for the population average profit, defined as box office minus budget. you can decide your confidence level.
b) decide which type of movie you would recommend a studio makes for the next decade based on this information. make sure you explain your entire decision making process within the statistical language in this class. feel free to conclude anything from "i have no idea"

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