Make a histogram and obtain descriptive statistics, Strategic Management

For this question you will analyse box office receipt data for two movies: Harry Potter 1: Sorcerer's

Stone and Pirates of the Caribbean 1: Curse of the Black Pearl.

Go to the portal and download background data.xls

Select the worksheets HP Weekend and Pirate Weekend

 

For your analysis of each movie, you will only need the Date and Per Theater box office receipts; you may delete the remaining columns.

(a) Make a histogram and obtain Descriptive Statistics, including Quartile 1 and

Quartile 3, for weekend per theatre box office receipts each of the movies. Include output of your data, histograms and Descriptive Statistics in your assignment submission.

EXCEL Instructions:

Add your name and ID to the column names for weekend per theatre receipts (e.g. Pirates 1

Receipts should become 'Pirates 1 Receipts FamilyName, GivenName, ID').

Create another column called Bin with numbers from 1000 to 10000 in steps of 1000 (i.e. 1000, 2000, 3000 and so on up to 10000). Histograms may be obtained using the Data Analysis tool in Excel, but some formatting is required. Please make sure that the title of your histogram ends with your ID (e.g. Harry Potter 1 weekend per theatre receipts 599999).

Descriptive Statistics may also be obtained using the Data Analysis tool.

You will need to manually calculate the two quartiles. Please explain the method used.

(b) Describe the shape (symmetry, modality and outliers) of each distribution.

Instructions for identifying outliers:

Whether an observation is an outlier is a matter of judgement. One rule commonly used for identifying outliers is the so-called 1.5 × IQR rule. An observation is suspected to be an outlier if it is more than 1.5 × IQR below the first quartile Q1 or above the third quartile Q3.

Apply this rule to Harry Potter 1 weekend per theatre receipts and Pirates 1 weekend per theatre receipts. Identify suspected outliers (if any) by their date and amount.

(c) Nominate appropriate summary measures for the distribution of Harry Potter 1 weekend per theatre receipts, and for the distribution of Pirates 1 weekend per theatre receipts. Give reason(s) for your choice. For each distribution, give and interpret the values of the summary measures you have chosen.

(d) Write a short paragraph discussing the similarities and differences between weekend per theatre receipts for the two movies. Be sure to consider the measures of central tendency and dispersion, as well as the shape of the two distributions.

Posted Date: 2/25/2013 4:19:13 AM | Location : United States







Related Discussions:- Make a histogram and obtain descriptive statistics, Assignment Help, Ask Question on Make a histogram and obtain descriptive statistics, Get Answer, Expert's Help, Make a histogram and obtain descriptive statistics Discussions

Write discussion on Make a histogram and obtain descriptive statistics
Your posts are moderated
Related Questions
Product manufacturing operations can be described as a three stage transformation model of inputs. Inputs Inputs are intangible. Unlike a traditional product, a servic

Strategic management is a systematic analysis of the internal and external factors to develop strategic actions for organizational goals (Dobson & Richards, 2004). Bread Talk is a

Q. Who are burns and stalker? Burns and Stalker in their 1961 book 'The Management of Innovation'explained two organisational types signifying a spectrum which organisations co

compensation strategy template

Discuss the following quotation and please provide examples. "Enterprise Architecture frameworks such as the Zachman Framework are essentially conceptual skeletons tha

QUESTION 1 Strategic Management is currently the core of business policy discipline everywhere (a) Define Strategic Management (b) Write short notes on the four important

Differences of EVA and RI EVA uses the replacement not historical accounting cost of assets. Profit calculated under both methods are different e.g. with EVA the repla

Question: (a). What are the benefits of implementing an eBusiness Strategy at Delta Airlines? (b). Identify the different virtual market places in the case study. (c

1. Describe the brand you will establish across as many dimensions as you think are relevant 2. What will your brand association be?  i.e.  what is the one thing, above al

Nation -Wide Bus Lines (NWBS) conducts training classes for new drivers. The classroom can hold 35 students. As long as the class size is less than or equal to 35, the training pro