Assignment Mini-Project 3-3, statistics homework help

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Assignment Mini-Project 3-3

Purpose of Assignment

This assignment provided students with practice in understanding the relationship of averages and standard deviation to make an informed business decision about the gross income performance of each movie genre. Students will learn to implement the use of these statistical measures for better business decision-making. Resources: Week 2 Videos; Week 2 Readings; Statistics Lab

Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products. Assignment Steps :

Refer to Mini-Project Movie Data Set.

Analyze and write a report summarizing this data. This report should include answers to at least the following questions:

  1. Calculate the summary measures (the mean, standard deviation, five-number summary, and interquartile range) of the total gross income for each movie genre. Use only Adventure, Crime and Horror
  2. Which genre had greater variability in total gross income? Explain why. Use the Interquartile ranges for Adventure, Crime, and Horror. See pgs.108 & ff., text)
  3. Draw 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 outliers? Again, use only Adventure, Crime and Horror

Use the mean movie gross income for each genre to compare the movie opening gross income. Again, use only Adventure, Crime and Horror

Choose an appropriate statistical measure to compare the consistency of movie gross income. Use the Interquartile range for Adventure, Crime, and Horror

Make the calculations and write a 350-word report comparing the total movie gross income and the consistency of movie opening gross by genre.

Format your assignment consistent with APA guidelines.

I attached the spreadsheet with the movie data that is needed.

Explanation & Answer

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