Assignment mini project.<\/p>\n
Purpose of Assignment
\nThis assignment provided students with practice in understanding the relationship of averages and standard deviation to make an informed business decision about the
\ngross income performance of each movie genre. Students will learn to implement the use of these statistical measures for better business decision-making.
\nResources: Week 2 Videos; Week 2 Readings; Statistics Lab
\nTutorial help on Excel\u00ae and Word functions can be found on the Microsoft\u00ae Office website. There are also additional tutorials via the web offering support for Office
\nproducts.
\nAssignment Steps
\nRefer to Mini-Project Movie Data Set 1. UPDLOADED
\nAnalyze and write a report summarizing this data. This report should include answers to at least the following questions:
\nCalculate the summary measures (the mean, standard deviation, five-number summary, and interquartile range) of the total gross income for each movie genre.
\nWhich genre had greater variability in total gross income? Explain why.
\nDraw a box-and-whisker plot of a movie’s length of time (minutes) by genre. Are there any differences in movie lengths when compared across genres? Are there any
\noutliers?
\nUse the mean movie gross income for each genre to compare the movie opening gross income.
\nChoose an appropriate statistical measure to compare the consistency of movie gross income.
\nMake the calculations and write a 700-word report comparing the total movie gross income and the consistency of movie opening gross by genre.
\nFormat your assignment consistent with APA guidelines.
\nClick the Assignment Files tab to submit your assignment.
\nAttachments:<\/p>\n","protected":false},"excerpt":{"rendered":"
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