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 ($ mil-lions), 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 released to theaters. Data collected for the top 100 theater movies released in 2016 are contained in the file Movies2016 (Box Office Mojo website). managerial Report Use the tabular and graphical methods of descriptive statistics to learn how these variables contribute to the success of a motion picture. Include the following in your report.

1. Tabular and graphical summaries for each of the four variables along with a discus-sion of what each summary tells us about the movies that are released to theaters.

2. A scatter diagram to explore the relationship between Total Gross Sales and Open-ing Weekend Gross Sales. Discuss what the data is showing

3. A scatter diagram to explore the relationship between Total Gross Sales and Num-ber of Theaters. Discuss what the data is showing.

4. A scatter diagram to explore the relationship between Total Gross Sales and Num-ber of Weeks in Release. Discuss what the data is showing.