Pearson eText for Basic Business Statistics -- Instant Access (Pearson+)
14th Edition
ISBN: 9780137400119
Author: MARK BERENSON, David Levine
Publisher: PEARSON+
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Textbook Question
Chapter 2, Problem 9PS
A study of selected Kickstarter projects showed that overall a majority were successful, achieving their goal and raising, at a minimum, the targeted amounts. In an effort to identify project types that influence success, selected projects were subdivided into project categories (Film & video, Games, music, and Technology). The results are as follows:
a. Construct
b. Which type of percentage– row, column, or total–do you think is most information for these data? Explain.
c. What conclusions concerning the pattern of successful Kickstarter projects can you reach?
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Students have asked these similar questions
A study of crowd-funded projects showed that overall a majority were successful, that is, raised at least the targeted goal amount. In an effort to identify project types that influence success, selected projects were subdivided into project categories (Film & Video, Games, Music,
and Technology).
Click the icon to view the crowdfunded project data.
a. Construct contingency tables based on total percentages, row percentages, and column percentages. Complete the following contingency table based on total percentages.
Outcome
Not successful
20.88%
8.42%
Category
Film & Video
Successful
18.00 %
Games
Music
7.17%
13.74 %
19.82 %
Technology
4.14%
7.85 %
Total
43.04 %
56.96 %
(Simplify your answers. Round to two decimal places as needed.)
Complete the following contingency table based on row percentages.
Outcome
Not successful
20.88%
%
%
%
Total
38.88 %
15.58 %
33.56 %
11.98 %
100 %
Successful
%
%
%
Category
Film & Video
Games
Music
Technology
%
Total
%
%
(Simplify your answers. Round to two…
Crowdfunded Project Data
Category
Film & Video
Games
Music
Technology
Total
Outcome
Successful Not successful
17,801
5,557
18,200
4,431
45,989
Print
23,307
10,305
15,494
8,101
57,207
Done
Total
41,108
15,862
33,694
12,532
103,196
X
A study of crowd-funded projects showed that overall a majority were successful, that is, raised at least the targeted goal amount. In an effort to identify project types that influence success, selected projects were subdivided into
project categories (Film & Video, Games, Music, and Technology).
E Click the icon to view the crowdfunded project data.
a. Construct contingency tables based on total percentages, row percentages, and column percentages. Complete the following contingency table based on total percentages.
ETTI
Outcome
Category
Successful
Not successful
Total
Film & Video
Crowdfunded project data
Games
%
Music
%
%
Outcome
Technology
%
Category
Film & Video
Successful Not successful
15,044
Total
Total
%
20.504
35,548
Games
4,184
9.484
18,463
8,772
57,223
13,668
35,337
13,425
(Simplify your answers. Round to two decimal places as needed.)
Music
16,874
Technology
4,653
40.755
Total
97,978
Print
Done
Chapter 2 Solutions
Pearson eText for Basic Business Statistics -- Instant Access (Pearson+)
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