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1. The motion picture industry is a competitive business. More than 50 studios produce a total of 300 to 400 new motion pictures each year,
1. 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 varie: considerably. The opening weekend gross sales ($ millions) for a sample of 36 motion pictures is shown below. Construct the appropriate chart to show the distribution of Opening Weekend Gross Sales. (8 pts) Choose appropriate bin values. Your graph will be graded on: Appropriate bin values Correct chart design Appropriateness of title and axis labels Correct spelling and punctuation Correct frequencies Intervals as opposed to upper class limits Overall appearance Opening 29.16 0.14 18.74 105.90 0.05 8.40 92.68 23.10 24.11 50.34 93.45 20.03 24.63 60.14 0.02 0.26 0.42 77.06 0.02 5.62 0.03 23.60 12.07 0.16 0.06 0.08 110.02 49.63 80.55 0.23 64.24 73.54 59.86 81.41 27.76 42.28 2. Describe the data on opening weekend gross sales of movies in words. (.5 pt.) Use whole sentences. 3. Is it appropriate to use the Empirical Rule to determine whether it's unusual for a movie to have an opening gross of $118 million? If it is, determine whether $118 million is unusual. If it's not appropriate, explain why. (.5 pt.) 1. The motion picture industry is a competitive business. More than 50 studios produce a total of 300 to 400 new motion pictures each year, and the financial success of each motion picture varie: considerably. The opening weekend gross sales ($ millions) for a sample of 36 motion pictures is shown below. Construct the appropriate chart to show the distribution of Opening Weekend Gross Sales. (8 pts) Choose appropriate bin values. Your graph will be graded on: Appropriate bin values Correct chart design Appropriateness of title and axis labels Correct spelling and punctuation Correct frequencies Intervals as opposed to upper class limits Overall appearance Opening 29.16 0.14 18.74 105.90 0.05 8.40 92.68 23.10 24.11 50.34 93.45 20.03 24.63 60.14 0.02 0.26 0.42 77.06 0.02 5.62 0.03 23.60 12.07 0.16 0.06 0.08 110.02 49.63 80.55 0.23 64.24 73.54 59.86 81.41 27.76 42.28 2. Describe the data on opening weekend gross sales of movies in words. (.5 pt.) Use whole sentences. 3. Is it appropriate to use the Empirical Rule to determine whether it's unusual for a movie to have an opening gross of $118 million? If it is, determine whether $118 million is unusual. If it's not appropriate, explain why. (.5 pt.)
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