olem 2 Motion Picture Industry The motion picture industry is a competitive business. More than 50 studios produce a to- tal of 300 to 400 new motion pictures each year, and the financial success of each motion picture varies considerably. The opening weekend gross sales, the total gross sales, the number of theaters the movie was shown in, and the number of weeks the motion picture was in the top 60 for gross sales are common variables used to measure the success of a motion picture. Data collected for a sample of 100 motion pictures produced in 2005 are contained in the file named Movies. Table 3.13 shows the data for the first 10 motion pictures in the file. TABLE 3.13 PERFORMANCE DATA FOR 10 MOTION PICTURES Motion Picture Coach Carter Ladies in Lavender Batman Begins Unleashed Pretty Persuasion Fever Pitch Harry Potter and the Goblet of Fire Monster-in-Law White Noise Mr. and Mrs. Smith Opening Gross Sales (Smillions) 29.17 0.15 48.75 10.90 0.06 12.40 102.69 23.11 24.11 50.34 Total Gross Sales (Smillions) 67.25 6.65 205.28 24.47 0.23 42.01 287.18 82.89 55.85 186.22 Number of Theaters 2574 119 3858 1962 24 3275 3858 3424 2279 3451 Weeks in Top 60 16 22 18 8 4 14 13 16 7 21 25°C Mos Managerial Report Use the numerical methods of descriptive statistics presented in this chapter to learn how these variables contribute to the success of a motion picture. Include the following in your report. 1. Descriptive statistics for each of the four variables along with a discussion of what the descriptive statistics tell us about the motion picture industry. 2. What motion pictures, if any, should be considered high-performance outliers? Explain. 3. Descriptive statistics showing the relationship between total gross sales and each of the other variables. Discuss.
olem 2 Motion Picture Industry The motion picture industry is a competitive business. More than 50 studios produce a to- tal of 300 to 400 new motion pictures each year, and the financial success of each motion picture varies considerably. The opening weekend gross sales, the total gross sales, the number of theaters the movie was shown in, and the number of weeks the motion picture was in the top 60 for gross sales are common variables used to measure the success of a motion picture. Data collected for a sample of 100 motion pictures produced in 2005 are contained in the file named Movies. Table 3.13 shows the data for the first 10 motion pictures in the file. TABLE 3.13 PERFORMANCE DATA FOR 10 MOTION PICTURES Motion Picture Coach Carter Ladies in Lavender Batman Begins Unleashed Pretty Persuasion Fever Pitch Harry Potter and the Goblet of Fire Monster-in-Law White Noise Mr. and Mrs. Smith Opening Gross Sales (Smillions) 29.17 0.15 48.75 10.90 0.06 12.40 102.69 23.11 24.11 50.34 Total Gross Sales (Smillions) 67.25 6.65 205.28 24.47 0.23 42.01 287.18 82.89 55.85 186.22 Number of Theaters 2574 119 3858 1962 24 3275 3858 3424 2279 3451 Weeks in Top 60 16 22 18 8 4 14 13 16 7 21 25°C Mos Managerial Report Use the numerical methods of descriptive statistics presented in this chapter to learn how these variables contribute to the success of a motion picture. Include the following in your report. 1. Descriptive statistics for each of the four variables along with a discussion of what the descriptive statistics tell us about the motion picture industry. 2. What motion pictures, if any, should be considered high-performance outliers? Explain. 3. Descriptive statistics showing the relationship between total gross sales and each of the other variables. Discuss.
MATLAB: An Introduction with Applications
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Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Transcribed Image Text:olem 2 Motion Picture Industry
The motion picture industry is a competitive business. More than 50 studios produce a a to-
tal of 300 to 400 new motion pictures each year, and the financial success of each motion
picture varies considerably. The opening weekend gross sales, the total gross sales, the
number of theaters the movie was shown in, and the number of weeks the motion picture
was in the top 60 for gross sales are common variables used to measure the success of a
motion picture. Data collected for a sample of 100 motion pictures produced in 2005 are
contained in the file named Movies. Table 3.13 shows the data for the first 10 motion
pictures in the file.
TABLE 3.13 PERFORMANCE DATA FOR 10 MOTION PICTURES
Motion Picture
Coach Carter
Ladies in Lavender
Batman Begins
Unleashed
Pretty Persuasion
Fever Pitch
Harry Potter and the Goblet of Fire
Monster-in-Law
White Noise
Mr. and Mrs. Smith
Opening
Gross Sales
(Smillions)
29.17
0.15
48.75
10.90
0.06
12.40
102.69
23.11
24.11
50.34
D
Total
Gross Sales
(Smillions)
67.25
6.65
205.28
24.47
0.23
42.01
287.18
82.89
55.85
186.22
Number
of
Theaters
2574
119
3858
$19
1962
24
3275
3858
3424
2279
3451
Weeks
in Top
60
16
22
18
8
4
14
13
16
7
21
25°C Mos
Managerial Report
Use the numerical methods of descriptive statistics presented in this chapter to learn how these
variables contribute to the success of a motion picture. Include the following in your report.
1. Descriptive statistics for each of the four variables along with a discussion of what
the descriptive statistics tell us about the motion picture industry.
2. What motion pictures, if any, should be considered high-performance outliers?
Explain.
3. Descriptive statistics showing the relationship between total gross sales and each of
the other variables. Discuss.
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Defining the given variables
VIEWDescriptive statistics of the four variables. Here variable 1 is Opening Gross sales.
VIEWDescriptive statistics for Total Gross sales
VIEWDescriptive statistics for Number of theatres
VIEWDescriptive statistics for weeks in top 60
VIEWBox plot
VIEWRelationship between the variables using Correlation coefficient
VIEWCorrelation values for the variables from above
VIEW
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