CASE PROBLEM 2 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 seems to vary 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
Premium Standard deviation Film
Motion Picture Industry Ottawa University Britni Skirvin Motion Picture Industry Introduction Motion picture industries are a very competitive business (Anderson‚ Sweeney & Williams‚ 2012). 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 (Anderson‚ Sweeney & Williams‚ 2012). Data was collected for a sample of 100 motion pictures produced in 2005 (Anderson‚ Sweeney
Premium Photography
Case 1 – Motion Picture Industry Group 2 Chapter 3 Managerial Report 1. Descriptive statistics for each of the four variables along with a discussion of what the descriptive statistics tells us about the motion picture industry. In the motion picture industry‚ it is important to measure the opening gross‚ total gross‚ number of theaters displaying the movie‚ and the weeks the movie stayed in the top 60. Opening Gross- this variable informs movie makers how anticipated and well received a
Premium Film Warner Bros. Movie theater
Case Problem 2: The Motion Picture Industry This case provides the student with the opportunity to use numerical measures to continue the analysis of the motion picture industry data first presented in Chapter 2. Developing and interpreting descriptive statistics such as the mean‚ median‚ standard deviation and range are emphasized. Five-number summaries and the identification of outliers are also of interest. Interpretations and insights can vary. We illustrate some below. Descriptive Statistics
Premium Median Arithmetic mean Standard deviation
The motion picture industry is a competitive‚ multi-billion dollar industry involving production crews‚ marketing crews‚ actors‚ directors‚ distribution companies‚ movie theaters‚ and movie rental companies. Four variables are commonly used to measure the success of a motion picture; these variables include the opening weekend gross sales‚ total gross sales‚ number of theaters showing the movie‚ and weeks in the top sixty of gross sales. Using a sample of 100 motion pictures from 2005 and numerical
Free Median Standard deviation Mode
BU1007: CASESTUDY: MOTION PICTURE INDUSTRY Tittle: Evaluation of the financial success of Motion Picture Industries within a year Abstract As usual Motion Picture industry is a commercial business that produces motion pictures like movies‚ documents and etc... Research has found out that more than 50 studios realize a total of 300-400 new films a year. Depending on its production the financial success of the company varies more often. So‚ a sample Data of 100 motion pictures have been collected
Premium Film Standard deviation Arithmetic mean
III. Data Analysis For this analysis‚ it was used descriptive statistics of a data set with four variables in order to describe the performance of the motion picture industry. First‚ the study involved measures of Location which include: mean‚ median‚ mode. In addition‚ it was analyzed measures of variability of the data set which include: variance‚ range‚ and standard deviation. Moreover‚ the outliers movies were identified by calculating the z-score of each variable. Finally‚ it was measured the
Free Median Standard deviation Arithmetic mean
Analysis: Ch.2 #1 - The motion picture industry is a competitive industry. Each year‚ more than 50 studios produce a total of 300 to 400 new motion pictures. This managerial report is based on data collected for a sample of 100 motion pictures produced in 2005 and will evaluate the financial success of these motion pictures by using 4 major variables – (A) Opening Gross Sales‚ (B) Total Gross Sales‚ (C) Number of Theaters‚ and (D) Weeks in Top 60. (A) Opening Gross Sales−this variable indicates
Premium Standard deviation Film Median
Through the use of numerical measure‚ the Motion Picture Industry can be analyzed more specifically. Descriptive statistics can assist analyst to measure data in terms of location‚ variability‚ association between two variables‚ as well as using data for exploratory analysis and the shape‚ relative location‚ and the identification of outliers. The data presented offers a look at four data sets including opening gross income‚ total gross income‚ number of theaters‚ and weeks in the top 60 movies
Premium Standard deviation Median
Case Study: YouTube‚ the Internet‚ and the Future of Movies Question 1 The movie industry was face with competitive forces that made the industry unattractive. The threat of substitutes was extremely high. This was because the increased levels of high speed Internet made downloading easier and faster‚ which made pirating movies easier. This increased the threat of substitutes because consumers were no longer buying movies‚ the consumers started to download movies and television shows free of
Premium Film Movie theater