Motion Picture Industry Case Problem 2

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 & Williams, 2012). From this information given numerical methods of descriptive statistics are presented to show how these variables contribute to the success of a motion picture.
Frequency Distributions/Percent Frequency. The classes for frequency distributions or percent frequency are expected to vary. The frequency distributions are as follows:
Opening Gross Sales
(Millions) Frequency
(or Percentage)
$0 – 9.99 70
10 – 19.99 15
20 – 29.99 8
30 – 39.99 2
40 – 49.99 1
50 – 59.99 1
60 – 69.99 0
70 – 79.99 1
80 – 89.99 0
90 – 99.99 0
100 – 109.99 2
Total 100

Total Gross Sales
(Millions) Frequency
(or Percentage)
$0 – 49.99 77
50 – 99.99 16
100 – 149.99 1
150 – 199.99 1
200 – 249.99 3
250 – 299.99 1
300 – 349.99 0
350 – 399.99 1
Total 100

Number of Theaters Frequency
(or Percentage)
0 – 499 51
500 – 999 3
1000 – 1499 6
1500 – 1999 7
2000 – 2499 5
2500 – 2999 6
3000 – 3499 17
3500 – 3999 5
Total 100

Number of Weeks in Top 60 Frequency
(or Percentage)
0 – 4 33
5 – 9 28
10 – 14 18
15 – 19 15
20 – 24 5
25 – 29 1
Total 100

Histograms
The histograms are based upon the distributions described above.

Opening Weekend Gross Sales. The histograms show that the distribution is skewed to the right. Many motion pictures have somewhat low opening weekend gross sales, while a relatively few (7%) have an opening weekend gross sales of $30 million or more. Only 2% had opening weekend