Analysis of Relation between Budgets and Revenues from Movies


Authors : Devansh Hingad

Volume/Issue : Volume 5 - 2020, Issue 5 - May


Google Scholar : http://bitly.ws/9nMw

Scribd : https://bit.ly/36tvvu4


Abstract : There are two variables i.e. budget and worldwide gross revenue. We investigate if there is a direct correlation between the two variables. To analyse the data, we perform correlation and regression on the two variables and determine the result with sufficient facts and figures in the graphs. This analysis will be performed on a data set of 597 movies ranging from 1939 to 2018. We will predict the future values for the year 2019 and 2020 with a conclusion for the same.

There are two variables i.e. budget and worldwide gross revenue. We investigate if there is a direct correlation between the two variables. To analyse the data, we perform correlation and regression on the two variables and determine the result with sufficient facts and figures in the graphs. This analysis will be performed on a data set of 597 movies ranging from 1939 to 2018. We will predict the future values for the year 2019 and 2020 with a conclusion for the same.

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