1 / 12

PREDICTING

PREDICTING. Which factors forecast most accurately which of the nominees will win Best Picture?. Total Revenue (adjusted) Total Budget (adjusted) Running Time Director Experience Source Material Studio Genre Release Date. Summary Statistics. Winning Nominees.

skip
Download Presentation

PREDICTING

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. PREDICTING

  2. Which factors forecast most accurately which of the nominees will win Best Picture? Total Revenue (adjusted) Total Budget (adjusted) Running Time Director Experience Source Material Studio Genre Release Date

  3. Summary Statistics Winning Nominees

  4. Summary Statistics Losing Nominees

  5. Hypothesis Testing

  6. The Models I II III

  7. Our Equation Ŷ= 0.004557702x1 -0.188380659x2 -0.135205122x3 -0.120402799x4 -0.211687302 x1= running time x2 =experienced director (1,0) x3=Thriller (1,0) x4=True Story (1,0)

  8. Overall…

  9. And the Winner is… 1970

  10. And the Winner is… 2008

  11. Conclusions The strongest correlation we found in the variables we tested was a positive correlation between running time and Oscar Winnings We showed that the common assertion that films with release dates closer to the awards ceremony are more likely to win is likely a myth Overall, our model can only account for 11% of the variability in Data. You cannot quantitatively measure how “good” a movie is.

  12. Data Collection Grisel Zuniga Warren Brown- Pounds Bryce Gerard Data Provided By imdb.com boxofficemojo.com Special Thanks to: Rajat Gupta Regression Analysts Warren Brown-Pounds Bryce Gerard Based on an Idea by Bryce Gerard PowerPoint Design Bryce Gerard Credits Lead Excel Technician Warren Brown-Pounds Assistant Excel Technician Bryce Gerard

More Related