How does what a movie earns relate to its run time? Will audiences pay more for a

Question:

How does what a movie earns relate to its run time? Will audiences pay more for a longer film? Does the relationship depend on the type of film? The scatterplot shows the relationship for the films in Exercise between U. S. Gross earnings and Run Time. Dramas are plotted with purple dots, comedies with green squares, horror/ thriller/ action films with blue diamonds, and adventure movies with orange crosses. Regression lines have been drawn for each type of movie.
How does what a movie earns relate to its run

a) In what ways is the relationship between run times and U. S. Gross similar for the four kinds of films?
b) How do the gross receipts of adventure films (the red line on top) differ from those of comedies (the green line below the red)? Discuss both the slopes and the intercepts.
c) The film Harry Potter and the Goblet of Fire is the purple point in the upper right. If it were omitted from this analysis, how might that change your conclusions about dramas?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

Question Posted: