Give descriptive statistics for each of the four variables along with a discussion of what the descriptive statistics tell us about the movie industry.

Case problem 1

Managerial Report

Use the numerical methods of descriptive statistics presented in this chapter to learn how these variables contribute to the success of a movie. Include the following in your report:
1. Descriptive statistics for each of the four variables along with a discussion of what the descriptive statistics tell us about the movie industry.

2. What movies, if any, should be considered highperformance outliers? Explain.

3. Descriptive statistics showing the relationship between total gross sales and each of the other variables. Discuss.