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# Math in the News: 1/19/12

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In this issue of Math in the News, we look at box office data from 2011.

For more media resources go to http://www.media4math.com.

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### Math in the News: 1/19/12

1. 2. Hollywood: By the Numbers <ul><li>This table shows the number of tickets sold and the revenue generated from Hollywood movies from 1995 through 2011. Source for data: http://www.the-numbers.com. </li></ul>Year Tickets sold (billions) Revenue (\$billions) 1995 1.22 \$5.29 1996 1.27 \$5.59 1997 1.42 \$6.51 1998 1.44 \$6.77 1999 1.44 \$7.30 2000 1.39 \$7.48 2001 1.44 \$8.13 2002 1.58 \$9.19 2003 1.55 \$9.35 2004 1.49 \$9.27 2005 1.4 \$8.95 2006 1.41 \$9.25 2007 1.4 \$9.63 2008 1.37 \$9.85 2009 1.42 \$10.65 2010 1.33 \$10.46 2011 1.25 \$9.94
2. 3. Hollywood: By the Numbers <ul><li>A line graph of the ticket sales data shows a relatively flat line, with the beginning of a decline in 2004. </li></ul>
3. 4. Hollywood: By the Numbers <ul><li>This part of the graph more clearly shows the decline in ticket sales. </li></ul>
4. 5. Hollywood: By the Numbers <ul><li>The revenue graph is better and shows a steady increase, although it also shows a decline since 2009. </li></ul>
5. 6. Hollywood: By the Numbers <ul><li>This part of the graph shows the revenue decline more clearly. </li></ul>
6. 7. Hollywood: By the Numbers <ul><li>The main reason that the revenue graph shows a better result than the ticket sales graph is because during this period the price of tickets increased. </li></ul>
7. 8. Hollywood: By the Numbers <ul><li>This table shows a fourth column for the average ticket price. Source: http://www.natoonline.org </li></ul>Year Tickets sold (billions) Revenue (\$billions) Average Ticket Price 1995 1.22 \$5.29 \$4.35 1996 1.27 \$5.59 \$4.42 1997 1.42 \$6.51 \$4.59 1998 1.44 \$6.77 \$4.69 1999 1.44 \$7.30 \$5.06 2000 1.39 \$7.48 \$5.39 2001 1.44 \$8.13 \$5.65 2002 1.58 \$9.19 \$5.80 2003 1.55 \$9.35 \$6.03 2004 1.49 \$9.27 \$6.21 2005 1.4 \$8.95 \$6.41 2006 1.41 \$9.25 \$6.55 2007 1.4 \$9.63 \$6.88 2008 1.37 \$9.85 \$7.18 2009 1.42 \$10.65 \$7.50 2010 1.33 \$10.46 \$7.89
8. 9. Hollywood: By the Numbers <ul><li>This is a line graph of ticket price over time. Notice the steady increase, even during the periods where ticket sales are down. </li></ul>
9. 10. Hollywood: By the Numbers <ul><li>A scatterplot of ticket price vs. revenue shows a strong correlation between increasing the ticket price and increasing the revenue, which is good. But… </li></ul>
10. 11. Hollywood: By the Numbers <ul><li>There is a negative correlation between ticket price and tickets sold. As the ticket prices have increased, the number of people going to the movies has decreased. </li></ul>
11. 12. Hollywood: By the Numbers <ul><li>People still attend the blockbuster movies but are less inclined to see the lesser known movies. </li></ul>
12. 13. Hollywood: By the Numbers <ul><li>Part of the reason that ticket prices have increased is that the average cost of a movie has increased, sometimes dramatically. </li></ul>
13. 14. Hollywood: By the Numbers <ul><li>It is likely that Hollywood will continue to attract smaller audiences as ticket prices continue to increase. </li></ul>
14. 15. Hollywood: By the Numbers <ul><li>When do you think the average ticket price will be over \$10? </li></ul><ul><li>How will this affect your decision to go to a movie? </li></ul><ul><li>What alternatives do you have to going to movies? </li></ul><ul><li>How are these alternatives affected by the increasing price of movies? </li></ul>