Film Industry Report The film industry is like any other industry and to be successful it must generate profits on the films it creates and produces. Everyone loves movies and the film industry does everything in its power to produce films that will bring in millions of dollars in profits. The film industry has created highly profitable films such as Spider-Man 3 with a total gross of $336,530,303, as well as failures such as Sea Monsters: A Prehistoric Adventure, which only grossed $23,746,066 . Diving into descriptive statistics, we are able to compare the 5-digit summary, average, mode, range and standard deviation for opening gross, total gross, theaters and number of weeks for the sample of 100 elements drawn from the 300 to 400 films. product.Descriptive Statistics (5-digit summary, average, mode, range and standard deviation)When analyzing the descriptive statistics of the opening gross, we are able to determine that the film Sicko generated the smallest gross d opening with $68,969, while the biggest opening Super-Man 3 brought in a gross of $151,116,516. After calculating the average for the sample of 100 films regarding the opening gross, it was determined that the average was $24,862,477. The range was also determined to be $151,047,547 and, according to Anderson, Sweeney and Williams, the range is calculated by subtracting the smallest value from the largest value (2012). The opening gross had no value for the mode because no value appeared more than once in the list of opening raw numbers. The standard deviation for the opening gross came in at $25,900,910, about a million dollars more when compared to our opening gross average of $24,862,477. After analysis...... middle of paper ...... if the films appeared The average, mode and range were also beneficial, which allowed me to see the average value, the values ​​which appeared the most and the difference between the largest and smallest values ​​for each of the four variables. The standard deviation also gave me a value to compare to the mean using similar terms. Overall, several films could be classified as high performing films and several films could be classified as low performing films and with descriptive statistics we could never have performed an adequate analysis.ReferencesAnderson, D., Sweeney, D., & Williams, T. (2012) Essential statistics for business and the economy. Mason, OH: Free South-Western Dictionary Cengage Learning. (2013). Correlation coefficient. Retrieved from. http://www.thefreedictionary.com/correlation+coefficient