Case 2 The Movie Theater Releases

 

Have to answer the questions using the excel data file.

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I’m attaching excel data file(Data – Case – Week – 1

====Question

  

The movie industry is a competitive business. More than 50 studios produce hundreds of new movies for theater release each year, and the financial success of each movie 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 movie was in release are common variables used to measure the success of a movie. Data on the top 100 grossing movies released in 2016 (Box Office Mojo website) are contained in the file Movies2016. Use data as posted.

Managerial Report

Use the numerical methods of descriptive statistics to learn how these variables contribute to the success of a movie. 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 movie industry.

2. What movies, 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.

Data

.

1.01

5

19

8.

4.46

16

19

15

13

5

25

6.59

13

16

6.76

19

16

20

18

3,963 18

17

.62

20

13

16

18

16

15

11

11

14

12

16

14

19

14

17

16

3,440 19

17

12

15

17

16

12

16

13

12

14

19

19

15

13

16

18

11

18

16

12

12

16

18

43

9

55.10

15

15

11

23

13

16

3,555 13

7

7

2,950 11

15

9

16

14

13

12

17

11

14

11

14

9

15

7

37.30

8

8

7

10

9

35.61

7

10

35.06 2,904 21

13

9.11

17

10

9

0.07

12

9

10

6

Motion Picture Opening Gross Sales ($millions) Total Gross Sales ($millions) Number of Theaters Weeks in Release
Harry Potter and the Deathly Hallows Part 2 1

6 9 19 3

 8 4,3

 7
Transformers: Dark of the Moon 97.85 352.39 4,088 15
The Twilight Saga: Breaking Dawn Part 1 13 12 281.29 4,066 14
The Hangover Part II 85.95 25 3,675
Pirates of the Caribbean: On Stranger Tides 90.15 241.07 4,164
Fast Five 86.

 20 209.84 3,793
Mission: Impossible – Ghost Protocol 12.79 208.55 3,555
Cars 2 66.14 191.45 4,

 11
Sherlock Holmes: A Game of Shadows 39.64 18 3,703
Thor 65.72 181.03 3,963
Rise of the Planet of the Apes 54.81 17 3,691
Captain America: The First Avenger 65.06 176.65 3,715
The Help 26.04 169.71 3,014 30
Bridesmaids 26.25 16

9.11 2,958
Kung Fu Panda 2 47.66 165.25 3,952
Puss in Boots 34.08 149.26
X-Men: First Class 55.

 10 146.41 3,692
Rio 39.

23 1

43 3,842 21
The Smurfs 35.61 142.61 3,427
Alvin and the Chipmunks: Chipwrecked 23.24 131.37 3,734
Super 8 35.45 127.00 3,424
Rango 38.08 123.48 3,923
Horrible Bosses 28.30 117.54 3,134
Green Lantern 53.17 116.60 3,816
Hop 37.54 108.09 3,616
Paranormal Activity 3 52.57 104.03 3,329
Just Go With It 30.51 103.03 3,548
The Girl with the Dragon Tattoo (2011) 12.77 102.36 2,950
Bad Teacher 31.60 100.29 3,049
Cowboys & Aliens 36.43 100.24 3,754
Gnomeo and Juliet 25.36 99.97 3,037
The Green Hornet 33.53 98.78 3,584
The Lion King (in 3D) 30.15 94.24 2,340
The Muppets 29.24 88.57 3,440
Real Steel 27.32 85.47
Crazy, Stupid, Love. 19.10 84.35 3,020
Battle: Los Angeles 35.57 83.55 3,417
Immortals 32.21 83.50 3,120
The Descendants 1.19 81.70 2,038
Zookeeper 2

0.07 80.36 3,482
War Horse 7.52 79.38 2,856
Limitless 18.91 79.25 2,838
Tower Heist 24.03 78.05 3,870
The Adventures of Tintin 9.72 77.48 3,087
Contagion 22.40 75.66 3,222
Moneyball 19.50 75.61 3,018
We Bought a Zoo 9.36 74.77 3,170
Jack and Jill 25.00 74.16 3,438
Justin Bieber: Never Say Never 29.51 73.01 3,118
Hugo 11.36 72.51 2,608
Dolphin Tale 19.15 72.29 3,515
No Strings Attached 19.65 70.66 3,050
Mr. Popper’s Penguins 18.45 68.22 3,342
Happy Feet Two 21.24 64.01 3,611
Unknown 21.86 63.69 3,043
The Adjustment Bureau 21.16 62.50 2,847
Water for Elephants 16.84 58.71 2,820
The Lincoln Lawyer 13.21 58.01 2,707
Midnight in Paris 0.60 56.81 1,038
Friends with Benefits 18.62 55.80 2,926
I Am Number Four 19.45 3,156
Source Code 14.81 54.71 2,971
New Year’s Eve 13.02 54.54 3,505
Insidious 13.27 54.01 2,419
Tyler Perry’s Madea’s Big Happy Family 25.07 53.35 2,288
Diary of a Wimpy Kid: Rodrick Rules 23.75 52.70 3,169
Footloose (2011) 15.56 51.80
The Dilemma 17.82 48.48 2,943
Arthur Christmas 12.07 46.46 3,376
Hall Pass 13.54 45.06
Soul Surfer 10.60 43.85 2,240
Final Destination 5 18.03 42.59 3,155
The Artist 0.20 41.36 1,756
The Ides of March 10.47 40.96 2,199
Hanna 12.37 40.26 2,545
Something Borrowed 13.95 39.05 2,904
Spy Kids: All the Time in the World 11.64 38.54 3,305
Scream 4 18.69 38.18 3,314
Big Mommas: Like Father, Like Son 16.30 37.92 2,821
Red Riding Hood 14.01 37.66 3,030
In Time 12.05 37.52 3,127
Paul 13.04 37.41 2,806
J. Edgar 11.22 37.31 1,985
The Roommate 15.00 37.30 2,534
Jumping the Broom 15.22 2,035
The Change-Up 13.53 37.08 2,913
30 Minutes or Less 13.33 37.05 2,888
Colombiana 10.41 36.67 2,614
Sucker Punch 19.06 36.39 3,033
Larry Crowne 13.10 2,976
A Very Harold & Kumar 3D Christmas 12.95 35.06 2,875
Drive (2011) 11.34
50/50 8.64 35.01 2,479
Courageous 34.52 1,214
The Rite 14.79 33.05 2,985
Arthur (2011) 12.22 33.04 3,276
Extremely Loud & Incredibly Close 31.76 2,630
The Debt 9.91 31.18 1,874
The Sitter 9.85 30.44 2,752
Priest 14.95 29.14 2,864

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