Quantitative Business Analysis, Applied Statistics

Assignment Help:
Motion Picture Industry (95 Points)

The motion picture industry is a competitive business. More than 50 studios produce a total of 300 to 400 new motion pictures each year, and the financial success of each motion picture varies considerably. The opening weekend gross sales, the total gross sales, the number of theaters the movie was shown in, and the number of weeks the motion picture was open are common variables used to measure the success of a motion picture. Data collected for a sample of 100 motion pictures produced in 20XX are contained in the file named Movies. Use all 100 data points.

Managerial Report

Prepare a report (see below) using the numerical methods of descriptive statistics presented in this module to learn how the variables contribute to the success of a motion picture. Be sure to include the following three (3) items in your report.

1. Descriptive statistics (5-number summary, mean, mode, range and standard deviation) for each of the four variables along with an explanation of what the descriptive statistics tell us about the motion picture industry.

2. What motion pictures, if any, should be considered high-performance outliers in each of the four variables? If there are any outliers in any category, please list them and state for which category they are an outlier. Describe which method you used to determine if there were or not.

3. Descriptive statistics (correlation coefficient) showing the relationship between total gross sales and each of the other three variables. Please provide an explanation of the relationships.

Write a report that adheres to the Written Assignment Requirements under the heading “Expectations for CSU-Global Written Assignments” found in the CSU-Global Guide to Writing and APA Requirements. As with all written assignments at CSU-Global you should have in-text citations and a reference page.

Be sure that your report contains the following:

•A title page
•An introduction
•A body of the paper that answers the questions posed in the problem and calculations and graphs associated with this problem.
•A conclusion paragraph that addresses your findings and what you have determined from the data and your analysis.
Be sure to submit your Excel file as well.

Related Discussions:- Quantitative Business Analysis

#title., Features of index numbers

Features of index numbers

Interpolation and extrapolation, Meaning of Interpolation and Extrapolation...

Meaning of Interpolation and Extrapolation Interpolation is a method of estimating the most probable  missing figure on  the basis of given data under certain assumptions. On t

Measures of dispersion, Other Measures of Dispersion In this section, ...

Other Measures of Dispersion In this section, we look at relatively less used measures of dispersion like fractiles, deciles, percentiles, quartiles, interquartile range and f

Active control equivalence studies (aces), Active Control Equivalence Studi...

Active Control Equivalence Studies (ACES) Clinical trials the field in which the object is easy to show that the new treatment is  as good as the existing treatment. Such type

Local truncation error, (a) If one solves the ordinary differential equati...

(a) If one solves the ordinary differential equation using Euler's method find an expression for the local truncation error. (b) Using the result of (a) above what will

Coefficient of variation, Coefficient of Variation The standard dev...

Coefficient of Variation The standard deviation discussed above is an absolute measure of dispersion. The corresponding relative measure is known as the coefficient of vari

Compute the output of correlation, Q. Compute the output of correlation? ...

Q. Compute the output of correlation? The following figure shows (a) a 3-bit image of size 5-by-5 image in the square, with x and y coordinates specified, (b) a Laplacian

Find the unbiased estimators for mean and variance matrix, Is the random ve...

Is the random vector (Trunk Space, Length, Turning diameter) of US car normally distributed? Why? If yes, find the unbiased estimators for the mean and variance matrix of (Trunk Sp

Pattie-lynns utility function, Pattie-Lynn's utility function for total as...

Pattie-Lynn's utility function for total assets is, in which A represents total assets in thousands of dollars. (a) Graph Pattie-Lynn's utility function. How would y

Calculating 40th percentile in ogive graph, how do i determine the 40th per...

how do i determine the 40th percentile in an ogive graph

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd