Assignment1completed
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School
New Jersey Institute Of Technology *
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Course
465
Subject
Information Systems
Date
Apr 3, 2024
Type
docx
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4
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IS 465 Data Analysis For Information Systems
Technical Assignment 1
1.
The file “assignment1_actors.xls” contains information on 66 movie stars. This data set contains five variables:
a.
Gender
b.
DomesticGross: average domestic gross of star’s last few movies (in $ million)
c.
ForeignGross: average foreign gross of star’s last few movies (in $ million)
d.
Salary: current amount the star asks for a movie (in $ million)
Question 1.
Using bin width of 2 (0-2, 2-4, 4-6, etc.), draw a histogram
using the “salary” variable using Excel
Question 2.
Is there an association between a star’s domestic and foreign gross? Choose an appropriate tool to analyze this problem. Show your work in Excel, and put some brief
analysis under the chart / table / picture you have in Excel
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Domestic vs Foreign Gross
DomesticGross
ForeignGross
There is an association between Domestic and Foreign Gross, as presented by this line graph. The two lines have correlated multiple times.
2.
The file “Assignment1_Commute.xls” contains average time it takes for a citizen of each metropolitan area to commute to work and back home each day.
Question 3.
Generate a histogram for distribution of daily commute times. Are shorter or longer commute times generally more likely for these commuters? (Hint: analyze the shape
of the distribution).
The histogram of commute times for metropolitan areas shows that shorter commute times are generally more common. The largest number of commuters fall into the range of times between 31 and 45 minutes, with significantly fewer commuters experiencing longer commute times.
3.
The file “Assignment1_Mortgage.xls” contains annual interest rates on 30-year fixed mortgages over the years. Question 4.
What conclusions can be drawn through time series analysis generated from this data?
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Interest Rates on 30 year Mortgage
Year
Rate
The time series analysis of the 30-year mortgage interest rates from 1972 to 2000 shows a
peak in rates during the early 1980s, with the highest rates around 1981-1982, followed by a general downward trend into the late 1990s. The rates ended slightly higher in 2000 compared to the lowest points of the late 1990s, indicating a slight uptick at the end of the
period.
PLEASE USE ONE EXCEL FILE THAT CONTAINS FOUR WORKSHEETS TO ANSWER THE ABOVE QUESTIONS. EACH QUESTION SHOULD HAVE ITS OWN WORKSHEET.