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

Simulation - analytical approach, Analytical Approach We will illustra...

Analytical Approach We will illustrate this through an example. Example 1 A firm sells a product in a market with a few competitors. The average price charged by the

the npv of the book , Bill Clinton reportedly was paid $10 million to writ...

Bill Clinton reportedly was paid $10 million to write his book My Way. The book took three years to write. In the time he spent writing, Clinton could have been paid to make speech

Frequency distribution, Frequency distribution A frequency distribution...

Frequency distribution A frequency distribution is a series where a number of items with similar values are put in separate groups or bunches. In other words a frequency distri

General algebraic and quantitative expressions, Read the following data on ...

Read the following data on the economy of Angoia and answer/respond to the questions/instructions that follow. Unless otherwise stated, the monetary figures are in real billions o

Evaluation tracking system, BCBSRI was able to reduce MSD related Workers C...

BCBSRI was able to reduce MSD related Workers Compensation cases with lost workdays by implementing a New Ergonomic Program in March 2000 and increasing workstation evaluations. Ex

Index Number of formulae, discuss the mathematical test of adequacy of inde...

discuss the mathematical test of adequacy of index number of formulae. prove algebraically that the laspeyre, paasche and fisher price index formulae satisfies this test. What is

CERTIFICATE OF AIRWORTHINESS FOR EXPORT, CERTIFICATE OF AIRWORTHINESS FOR E...

CERTIFICATE OF AIRWORTHINESS FOR EXPORT When aircraft manufacturers go into series production of a new type of aircraft, then obviously they are hopeful of world wide sales. Sim

Index number, "index number is an economic barometer" comment on this state...

"index number is an economic barometer" comment on this statement

What are the charateristics of a population for which, what are characteris...

what are characteristics of a population for which it would be appropiate to use mean/median/mode

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