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

Hi, i want assignmrnt help

i want assignmrnt help

Anova, how do you find if two way or one way

how do you find if two way or one way

Angle count method, Angle Count method The method for estimating the pr...

Angle Count method The method for estimating the proportion of the area of a forest which is in fact covered by the bases of trees. An observer goes to each of the number of po

Test for equality of two means, Let X 1  and X 2  be two independent po...

Let X 1  and X 2  be two independent populations with population means μ 1  and  μ 2  respectively. Two samples are taken, one from each population, of sizes n 1  and n 2  re

Prediction, Differentiate between prediction, projection and forecasting.

Differentiate between prediction, projection and forecasting.

Eco203, Waht is the product of £ x

Waht is the product of £ x

Introduction to multiple regression, In simple regression the dependent var...

In simple regression the dependent variable Y was assumed to be linearly related to a single variable X. In real life, however, we often find that a dependent variable may depend o

Number of principal components, While there are p original variables the n...

While there are p original variables the number of principal components is m such that m

Appropriate statistical test, I would like to know what the appropriate sta...

I would like to know what the appropriate statistical test is for investigating an association between a nominal variable and an ordinal variable assuming normal distribution? It''

Perform a simple linear regression analysis, In New Jersey, banks have been...

In New Jersey, banks have been charged with withdrawing from counties having a high percentage of minorities. To substantiate this charge, data is presented in the table below conc

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