Critical Thinking Assignment (105 Points)
Important! Read First
Choose one of the following two assignments to complete this Module. Do not do both assignments. Identify your assignment choice in the title of your submission.
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.
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. 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.
Option 2 – Counties
The status of counties is important. There are more than 3,000 US counties. The median household income (in dollars), average years of schooling, average lifespan (in years), and average number of people per household of 100 chosen counties are provided.
Data collected for a sample of 100 counties in 20XX are contained in the file named Counties, 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 county. Be sure to include the following three (3) items in your report.
Submissions
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Quantitative Business Analysis: WINTER17- …
Module 2: Data Presentations
Module 2: Critical Thinking Grade: N/A
1/12/2018 Module 2: Critical Thinking | Schoology
https://csuglobal.schoology.com/assignment/1404014521/info 2/2
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 counties.
2. Use the z-score to determine which counties, if any, should be considered 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 median household income (in dollars), and each of the other three variables. Thus, that makes a total of three correlation coefficients. Evaluate the relationships between median household income (in dollars) and each of the other three variables. Use tables, charts, graphs, or visual dashboards to support your conclusions.
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. 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.
Posted Wed Jan 3, 2018 at 6:10 pm
MTH410 Guide to Writing with Statistics
Movies
Counties