File with top 100 Movies: https://drive.google.com/file/d/0B4SERtLridE2WXI4NFd4b

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File with top 100 Movies: https://drive.google.com/file/d/0B4SERtLridE2WXI4NFd4bzlFMlE/view?usp=sharing

The motion picture industry is a competitive business. More than 50 studios produce several hundred new motion pictures each year, and the financial success of the motion pictures 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 release are common variables used to measure the success of a motion picture. Data on the top 100 grossing motion pictures released in 2011 are contained in a file named 2011Movies. The table below shows the data for the first 10 motion pictures in this file. Note that some movies, such as War Horse, were released late in 2011 and continued to run in 2012. Opening Gross Sales Total Number Weeks of in Gross Sales 381.01 352.39 Motion Picture (Smillions) (Smillions Theaters Release Harry Potter and the Deathly 169.19 4375 Hallows Part 2 Transformers: Dark of the Moon The Twilight Saga: Breaking 15 97.85 138.12 281.29 Dawn Part The Hangover Part Pirates of the Caribbean: On 16 85.95 90.15 3675 4164 254.46 241.07 Stranger Tides Fast Five Mission: Impossible -Ghost 86.20 12.79 3793 3555 15 13 209.84 208.55 Protocol Cars 2 Sherlock Holmes: A Game of 66.14 39.64 4115 3703 191.45 25 186.59 65.72 181.03 3963 16 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: Descriptive statistics for each of the four variables along with a discussion of what the descriptive statistics tell us about the motion picture industry 1. 2. What motion pictures, if any, should be considered high-performance outliers? Explairn. 3. Descriptive statistics showing the relationship between total gross sales and each of the other variables. Discuss. Write your response in APA or MLA format, be sure to include all pivot tables or other charts that you used to support your analysis. Your analysis should include tables and charts to support your analysis. It should be about 3 pages in length.

Explanation / Answer

as per chegg policies i am answering Q1 only.

For a skewed data median is best measure of central tendency. Distribution of opening gross sales, total gross sales and weeks in release is skewed to right. implying there are very few observations with high values of opening gross sales, total gross sales and weeks in release. the median for opening gross sales, total gross sales and weeks in release is 19.08, 72.4 and 14.5 respectively. the number of theaters is skewed to left, this implies there are very few observations with low values of number of theaters.

Opening Gross Sales ($millions) Total Gross Sales ($millions) Number of Theaters Weeks in Release Mean 27.5149 90.4664 3114.35 14.58 Standard Error 2.651559558 6.812466159 61.07902544 0.504961245 Median 19.08 72.4 3102.5 14.5 Mode #N/A 37.3 3555 16 Standard Deviation 26.51559558 68.12466159 610.7902544 5.049612446 Sample Variance 703.0768091 4640.969516 373064.7348 25.49858586 Kurtosis 10.56196499 4.681960897 1.189055452 9.607336303 Skewness 2.885804754 1.996160997 -0.726706156 1.990546395 Range 169.12 351.87 3337 37 Minimum 0.07 29.14 1038 6 Maximum 169.19 381.01 4375 43 Sum 2751.49 9046.64 311435 1458 Count 100 100 100 100

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