The receipts and year of release of the four movies with the larges nominal box office...
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The receipts and year of release of the four movies with the larges nominal box office revenues, along with the CPI data of each year are presented below. Assuming that the receipts for each of the movies were derived during their year of release, convert the receipts for each to real dollars for the year 2003 (2003 CPI 184.0). Which movie had the largest real box office receipts? (6 Marks) Movies Titanic Star Wars Star Wars: The Phantom Menace E.T.: The Extra- terrestrial Box Office Receipts (Millions) 600.8 461.0 431.1 399.9 Year released 1997 1977 1999 1982 CPI in Year Released 160.5 60.6 166.6 96.5 The receipts and year of release of the four movies with the larges nominal box office revenues, along with the CPI data of each year are presented below. Assuming that the receipts for each of the movies were derived during their year of release, convert the receipts for each to real dollars for the year 2003 (2003 CPI 184.0). Which movie had the largest real box office receipts? (6 Marks) Movies Titanic Star Wars Star Wars: The Phantom Menace E.T.: The Extra- terrestrial Box Office Receipts (Millions) 600.8 461.0 431.1 399.9 Year released 1997 1977 1999 1982 CPI in Year Released 160.5 60.6 166.6 96.5
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To convert the box office receipts for each movie to real dollars for the year 2003 we will use the ... View the full answer
Related Book For
Essentials of Business Analytics
ISBN: 978-1285187273
1st edition
Authors: Jeffrey Camm, James Cochran, Michael Fry, Jeffrey Ohlmann, David Anderson, Dennis Sweeney, Thomas Williams
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