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The accompanying histogram shows total gross earnings (in millions of dollars) of major release movies in a certain year. An industry publication reports that the average movie makes 41.7 million, but a watchdog group concerned with rising ticket prices says that the average earnings are 66.9 million. What statistic do you think each group is using? Explain.

The accompanying histogram shows total gross earnings (in millions of dollars) of major release movies in a certain year. An industry publication reports that the average movie makes 41.7 million, but a watchdog group concerned with rising ticket prices says that the average earnings are 66.9 million. What statistic do you think each group is using? Explain.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Total Gross Earnings (in millions of dollars) of Movies Frequency of Gross Earnings 40- 30- 20- 10- 0+ 0 100 200 Gross Earnings (millions) 300 Print Done 400
Transcribed Image Text:Total Gross Earnings (in millions of dollars) of Movies Frequency of Gross Earnings 40- 30- 20- 10- 0+ 0 100 200 Gross Earnings (millions) 300 Print Done 400
The accompanying histogram shows total gross earnings (in millions of dollars) of major release movies in a certain year. An industry publication reports that the average movie makes 41.7 million, but a watchdog group concerned with rising ticket prices says that the average earnings are 66.9 million. What statistic do you think each group is using? Explain. Click on the icon to view the histogram. Choose the correct answer below. A. The publication is using the mean. The watchdog group is using the median. The mean is pulled lower than the median by the large number of unsuccessful movies that have low gross earnings. B. The publication is using the median. The watchdog group is using the mean. The median is pulled lower than the mean by the small number of unsuccessful movies that have low gross earnings. C. The publication is using the median. The watchdog group is using the mean. The mean is pulled higher than the median by the several very successful movies in the long right tail. D. The publication is using the mean. The watchdog group is using the median. The median is pulled higher than the mean by the several very successful movies in the long right tail.
Transcribed Image Text:The accompanying histogram shows total gross earnings (in millions of dollars) of major release movies in a certain year. An industry publication reports that the average movie makes 41.7 million, but a watchdog group concerned with rising ticket prices says that the average earnings are 66.9 million. What statistic do you think each group is using? Explain. Click on the icon to view the histogram. Choose the correct answer below. A. The publication is using the mean. The watchdog group is using the median. The mean is pulled lower than the median by the large number of unsuccessful movies that have low gross earnings. B. The publication is using the median. The watchdog group is using the mean. The median is pulled lower than the mean by the small number of unsuccessful movies that have low gross earnings. C. The publication is using the median. The watchdog group is using the mean. The mean is pulled higher than the median by the several very successful movies in the long right tail. D. The publication is using the mean. The watchdog group is using the median. The median is pulled higher than the mean by the several very successful movies in the long right tail.
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