Question: In this discussion, please collaborate regarding the case problem: Movie Theater Releases on pp. 140. Use the discussion threads to discuss the case and feel

In this discussion, please collaborate regarding the case problem: Movie Theater Releases on pp. 140. Use the discussion threads to discuss the case and feel free to include attachments or Google docs to assist in the collaboration process.

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 ($ millions), 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). Table 3.14 shows the data for the first 10 movies in this file.

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