Modern Business Statistics with Microsoft Excel (MindTap Course List)
Modern Business Statistics with Microsoft Excel (MindTap Course List)
5th Edition
ISBN: 9781285433301
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
Publisher: Cengage Learning
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Chapter 2, Problem 2CP

Motion Picture Industry

The motion picture industry is a competitive business. More than 50 studios produce a total of 300 to 400 new motion pictures each year, and the financial success of each motion picture varies considerably. The opening weekend gross sales ($ millions), the total gross sales ($ millions), the number of theaters the movie was shown in, and the number of weeks the motion picture was in release are common variables used to measure the success of a motion picture.  Data collected for the top 100 motion pictures produced in 2011 are contained in the DATA file named 2011 Movie (Box Office Mojo, March 17.2012). Table 2.20 shows the data for the first 10 motion pictures in this file.

Managerial Report

Use the tabular and graphical methods of descriptive statistics to learn how these variables contribute to the success of a motion picture. Include the following in your report.

  1. 1. Tabular and graphical summaries for each of the four variables along with a discussion at what each summary tells us about the motion picture industry.
  2. 2. A scatter diagram to explore the relationship between Total Gross Sales and Opening Weekend Gross Sales. Discuss.
  3. 3. A scatter diagram to explore the relationship between Total Gross Sales and Number of Theaters. Discuss.
  4. 4. A scatter diagram to explore the relationship between Total Gross Sales and Number of Weeks in Release. Discuss.

TABLE 2.20 PERFORMANCE DATA FOR 10 MOTION PICTURES

Chapter 2, Problem 2CP, 
Motion Picture Industry
The motion picture industry is a competitive business. More than 50 studios

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Chapter 2 Solutions

Modern Business Statistics with Microsoft Excel (MindTap Course List)

Ch. 2.2 - 11. Consider the following data. Develop a...Ch. 2.2 - 12. Consider the following frequency...Ch. 2.2 - Construct a histogram for the data in exercise...Ch. 2.2 - Prob. 14ECh. 2.2 - Construct a stem-and-leaf display for the...Ch. 2.2 - Construct a stem-and-leaf display for the...Ch. 2.2 - Applications 17. A doctor’s office staff studied...Ch. 2.2 - NBA Total Player Ratings. CBSSports.com developed...Ch. 2.2 - CEO Time in Meetings. The London School of...Ch. 2.2 - Prob. 21ECh. 2.2 - Top U.S. Franchises. Entrepreneur magazine ranks...Ch. 2.2 - Prob. 23ECh. 2.2 - Prob. 24ECh. 2.2 - Prob. 25ECh. 2.2 - Prob. 26ECh. 2.3 - The following data are for 30 observations...Ch. 2.3 - The following observations are for two...Ch. 2.3 - Prob. 29ECh. 2.3 - Refer again to the crosstabulation of household...Ch. 2.3 - 31. Recently, management at Oak Tree Golf Course...Ch. 2.3 - Table 2.12 shows a data set containing...Ch. 2.3 - Prob. 33ECh. 2.3 - Prob. 34ECh. 2.3 - The U.S. Department of Energy's Fuel Economy...Ch. 2.4 - The following 20 observations are for two...Ch. 2.4 - Prob. 37ECh. 2.4 - The following crosstabulation summarizes the data...Ch. 2.4 - Driving Speed and Fuel Efficiency. A study on...Ch. 2.4 - Prob. 40ECh. 2.4 - Hypertension and Heart Disease. People often wait...Ch. 2.4 - Smartphones are mobile phones with Internet,...Ch. 2.4 - Store Managers Time Study. The Northwest regional...Ch. 2 - SAT Scores. The SAT is a standardized test used by...Ch. 2 - Prob. 45SECh. 2 - State Populations. Data showing the population by...Ch. 2 - Startup Company Funds. According to the Wall...Ch. 2 - Complaints Reported to BBB. Consumer complaints...Ch. 2 - Prob. 49SECh. 2 - Prob. 50SECh. 2 - Prob. 51SECh. 2 - Best Places to Work. Fortune magazine publishes an...Ch. 2 - Prob. 53SECh. 2 - Prob. 54SECh. 2 - Prob. 55SECh. 2 - Prob. 56SECh. 2 - Google has changed its strategy with regard to...Ch. 2 - A zoo has categorized its visitors into three...Ch. 2 - Pelican Stores, a division of National Clothing,...Ch. 2 - Motion Picture Industry The motion picture...
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