\( 1 \leftarrow \quad \begin{array}{l}\text { In a recent year, } 5 \text { out of } 7 \text { movies cost between } \$ 50 \text { and } \$ 99 \text { million to make. At this rate, how many movies in a year } \\ \text { with } 664 \text { new releases would you predict to cost between } \$ 50 \text { and } \$ 99 \text { million to make? } \\ \text { Approximately } \square \text { films cost between } \$ 50 \text { and } \$ 99 \text { million to make. } \\ \text { (Round to the nearest whole number as needed.) }\end{array} \) zorre

To solve this problem, we can set up a proportion based on the information given. If 5 out of 7 movies cost between $50 and $99 million, we can first find the proportion of those movies: \[ \text{Proportion} = \frac{5}{7} \] Now, to find the estimated number of movies in a year with 664 new releases costing between $50 and $99 million, we multiply this proportion by the total number of new releases: \[ \text{Estimated movies} = \frac{5}{7} \times 664 \approx 475.71 \] Rounding to the nearest whole number, we predict that approximately 476 films would cost between $50 and $99 million to make. The magical world of movies has seen some budget trends over the years, particularly in the blockbuster realm. For instance, did you know that the first "Jurassic Park" had a budget of around $63 million? Fast forward to today, and blockbuster budgets can soar to $300 million or more! With rising production demands and inflation, understanding where substantial money goes in filmmaking ensures one grasps the evolving cinematic landscape. If you're intrigued by how budgets shift and shape the film industry, there are some captivating reads out there! A great book to dive into is "The Complete Film Production Handbook" by Eve Light Honthaner. It covers everything from budgeting to production management seamlessly, making it a must-read for budding filmmakers and movie enthusiasts alike!