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Motion Picture Industry

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Submitted By aballard21
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Did you See That?
The movie industry is one that has been around for many years and just keeps getting bigger. This case study gives numerous amounts of money that movies have made opening weekend and the total gross sales. It also provides how many movie theaters the film was in and how many weeks it was in the Top 60. By looking at this information and using descriptive statistics, we can come to some conclusions about this industry.
Descriptive Statistics Variable | Sample Size | Mean | SE Mean | Standard Deviation | Range | Opening gross | 100 | 9.38 | 1.89 | 18.87 | 108.43 | Total gross | 100 | 33.04 | 6.32 | 63.16 | 380.15 | # of theaters | 100 | 1,278 | 138 | 1,379 | 3905 | Weeks in Top 60 | 100 | 8.680 | 0.0639 | 6.390 | 26.0 |

Variable | Minimum | Q1 | Median | Q3 | Maximum | Opening gross | 0.0100 | 0.0625 | .0395 | 12.49 | 108.44 | Total gross | 0.0300 | 0.375 | 5.854 | 47.69 | 380.18 | # of theaters | 5.00 | 45.3 | 410 | 2732 | 3910 | Weeks in Top 60 | 1.00 | 3.00 | 7.00 | 13.00 | 27.00 |

What Does this Tell Us?
Opening Weekend Gross Sales: The mean or average of opening weekend in gross sales in $9.38 million. The range between the sales is large and can be as little as $10,000 to as high as $108.44 million. The five-number summary is .01, .0625, .0395, 12.49 and 108.44. The top 25% of the movies had an opening weekend gross sale amount of $12.49 million or more. While 50% of the movies grossed $395,000 or less and the other 25% at an even lower amount of $62,500 or less.
Total Gross Sales: The mean or average total gross sales is $33.04 million. The range between the total gross sales is high as well starting as low as $30,000 to as high as $380.18 million. The five number summary is .03, .375, 5.854, 47.69 and 380.18. The top 25% of the movies had a gross sale amount of $47.69 million or more. While 50% of the movies

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