What statistic each group is using

Reference no: EM131393276

Movie budgets.

The histogram shows the budgets (in millions of dollars) of major release movies in 2005.

2328_Figure 7.jpg

An industry publication reports that the average movie costs $35 million to make, but a watchdog group concerned with rising ticket prices says that the average cost is $46.8 million. What statistic do you think each group is using? Explain.

Reference no: EM131393276

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