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C in 2015was 238. Use t-dormation and te data inthe table to calculate the box o

ID: 1137001 • Letter: C

Question

C in 2015was 238. Use t-dormation and te data inthe table to calculate the box once Dwarts, wore ro-released several smes, so their receipts were adtuaily earmed during several different years, but we wilignore that complication.) Fill in the real value of box office receipts in the table below. (Enter your responsos rounded to one decimal place Total Box Real Value of Box Office Recelpts Year in millions)Released I (in 215 Marvels The Avengers The Dark Knight Star Wars: Episode-The 167 2015 Avengers Age of tron The Dark Knight Rises Shrok 2 448.1 4412 11 E.T 2600

Explanation / Answer

The formula used,

Ral value = Nominal value*(CPI base year/CPI of current year)

Rank

Total Box office receipts

CPI

Real Value

1

760.5

215

$841.9

2

658.7

161

$973.7

3

628.7

238

$628.7

4

623.4

230

$645.1

5

534.9

215

$592.1

6

474.5

167

$676.2

7

460.9

61

$1798.3

8

456.8

238

$456.8

9

448.1

230

$463.7

10

441.2

189

$555.6

11

435.1

97

$1067.6

12

260

54

$1145.9

Rank

Total Box office receipts

CPI

Real Value

1

760.5

215

$841.9

2

658.7

161

$973.7

3

628.7

238

$628.7

4

623.4

230

$645.1

5

534.9

215

$592.1

6

474.5

167

$676.2

7

460.9

61

$1798.3

8

456.8

238

$456.8

9

448.1

230

$463.7

10

441.2

189

$555.6

11

435.1

97

$1067.6

12

260

54

$1145.9