Quantitative Busniess Analysis class – Motion Picture Industry

 

Quantitative Busniess Analysis class – Motion Picture Industry
Option 1 – Motion Picture Industry
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. Gross sales for the opening weekend, 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, linked at the bottom of the page. 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 each of the variables contributes

to the success of a motion picture. Be sure to include the following three (3) items in your report.
1. Descriptive statistics (mean, median, 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. Use the z-score to determine which movies, 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 make your determination.
3. Descriptive statistics (correlation coefficient) showing the relationship between total gross sales and each of the other three variables. Evaluate

the relationships between total gross sales and each of the other three variables. Use tables, charts, graphs, or visual dashboards to support your

conclusions.
APA Style is required! As with all written assignments at CSU-Global, you should have in-text citations and a reference page. An example paper is provided

in the MTH410 Guide to Writing with Statistics, linked at the bottom of the page.
Your report must contain the following:
• A title page in APA style.
• An introduction that summarizes the problem.
• The body of the paper should answer the questions posed in the problem by communicating the results of your analysis. Include results of

calculations, as well as charts and graphs, where appropriate.
• A conclusion paragraph that addresses your findings and what you have determined from the data and your analysis.
Submit your Excel file in addition to your report.

 

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