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Maths at the Movies: Predicting Income

In two years (so far) of pandemic responses many business in many sectors have suffered. Just one of these is the movie industry, with cinemas now trying to recoup revenue lost during long periods of closure and reduced patronage.

Hollywood Theatre (1935) Entrance by Heritage Vancouver/Patrick Gunn is licenced under CC BY-NC-ND 2.0

The article linked below, posted by the Institute of Mathematics and its Applications (IMA), briefly introduces four methods for modelling the performance of past movies at the box office with a view to predicting future income. As with most explorations of mathematical topics, the principles covered here could be applied to different situations in other industries.

Could Mathematics Be Big at the Box Office?

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