Essentials of Modern Business Statistics with Microsoft Office Excel (Book Only)
7th Edition
ISBN: 9781337681643
Author: David R. Anderson; Dennis J. Sweeney; Thomas A. Williams
Publisher: Cengage Learning US
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Textbook Question
Chapter 3, Problem 3.2.1CP
Problem 2Motion Picture Industry
The motion picture industry is a competitive business. More than 50 studios produce several hundred new motion pictures each year, and the financial success of the motion pictures varies considerably. opening weekend gross the total the of
theaters the movie was shown in, and the number of weeks the motion picture was in release are common variables used to measure the success of a motion picture. Data on the top 100 grossing motion pictures released in 2011 (Box Office Mojo website, March 17, 2012) are contained in the DATAfile named 2011Movies. Table 3.10 shows the data for the first 10 motion pictures in this file. Note that some movies, such as War Horse, were released late in 2011 and continued to run in 2012.
Managerial Report
Use the numerical methods of
1. Descriptive statistics for each of the four variables along with a discussion of what the descriptive statistics tell us about the motion picture industry.
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In RStudio: Before running each statistical test, provide a heading in the format shown at the bottom. “# Mean of mileage – Your name’s command”
In Microsoft Word: Once you've completed all tests, take a screenshot of your results in RStudio and paste it into a Microsoft Word document. Make sure that snapshots are very clear. You will need multiple snapshots. Also transfer these results to the…
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Mileage (mpg)
Number of Cylinders (cyl)
Displacement (disp)
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Third Quartile (Q3)
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In Microsoft Word: Once you've completed all tests, take a screenshot of your results in RStudio and paste it into a Microsoft Word document. Make sure that snapshots are very clear. You will need multiple snapshots. Also transfer these results to the…
Chapter 3 Solutions
Essentials of Modern Business Statistics with Microsoft Office Excel (Book Only)
Ch. 3.1 - Consider a sample with data values of 10, 20, 12,...Ch. 3.1 - Consider a sample with data values of 10, 20, 21,...Ch. 3.1 - Consider the following data and corresponding...Ch. 3.1 - Consider the following data. What is the mean...Ch. 3.1 - Prob. 5ECh. 3.1 - Prob. 6ECh. 3.1 - The average number of minutes Americans commute to...Ch. 3.1 - The WWI Street Journal reported that the median...Ch. 3.1 - Which companies spend the most money on...Ch. 3.1 - Prob. 10E
Ch. 3.1 - According to the National Education Association...Ch. 3.1 - The Big Bang Theory, a situation comedy featuring...Ch. 3.1 - In automobile mileage and gasoline-consumption...Ch. 3.1 - Prob. 14ECh. 3.1 - Martinez Auto Supplies has retail stores located...Ch. 3.1 - The grade point average for college students is...Ch. 3.1 - The following table shows the total return and the...Ch. 3.1 - Prob. 18ECh. 3.1 - Prob. 19ECh. 3.1 - Prob. 20ECh. 3.1 - If an asset declines in value from $5000 to $3500...Ch. 3.1 - The current value of a company is $25 million. If...Ch. 3.2 - Consider a sample with data values of 10, 20, 12,...Ch. 3.2 - Prob. 24ECh. 3.2 - Prob. 25ECh. 3.2 - Data collected by the Oil Price Information...Ch. 3.2 - The results of a search to find the least...Ch. 3.2 - The Australian Open is the first of the four Grand...Ch. 3.2 - Prob. 29ECh. 3.2 - The following data were used to construct the...Ch. 3.2 - Prob. 31ECh. 3.2 - Prob. 32ECh. 3.2 - Scores turned in by an amateur golfer at the...Ch. 3.2 - The following times were recorded by the...Ch. 3.3 - Consider a sample with data values of 10, 20, 12,...Ch. 3.3 - Prob. 36ECh. 3.3 - Prob. 37ECh. 3.3 - Prob. 38ECh. 3.3 - The results of a national survey showed that on...Ch. 3.3 - Prob. 40ECh. 3.3 - Prob. 41ECh. 3.3 - Many families in California are using backyard...Ch. 3.3 - Prob. 43ECh. 3.3 - Prob. 44ECh. 3.3 - The Wall Street Journal reported that Walmart...Ch. 3.4 - Prob. 46ECh. 3.4 - Prob. 47ECh. 3.4 - Prob. 48ECh. 3.4 - Prob. 49ECh. 3.4 - Naples, Florida hosts a half-marathon (13.1 -mile...Ch. 3.4 - Annual sales, in millions of dollars, for 21...Ch. 3.4 - Consumer Reports provided overall customer...Ch. 3.4 - Fortune magazine's list of the world's most...Ch. 3.4 - Prob. 54ECh. 3.5 - Five observations taken for two variables follow...Ch. 3.5 - Five observations taken for two variables follow...Ch. 3.5 - Prob. 57ECh. 3.5 - A department of transportation's study on driving...Ch. 3.5 - Over the past 40 years, the percentage of homes in...Ch. 3.5 - Prob. 60ECh. 3.5 - A random sample of 30 colleges from Kiplinger's...Ch. 3 - The average number of times Americans dine out in...Ch. 3 - Prob. 63SECh. 3 - The average waiting time for a patient at an El...Ch. 3 - U.S. companies lose $63.2 billion per year from...Ch. 3 - Prob. 66SECh. 3 - Public transportation and the automobile are two...Ch. 3 - In 2007 the New York Times reported that the...Ch. 3 - Prob. 69SECh. 3 - Travel + Leisure magazine presented its annual...Ch. 3 - The 32 teams in the National Football League (NFL)...Ch. 3 - Does a major league baseball team's record during...Ch. 3 - The days to maturity for a sample of five money...Ch. 3 - Automobiles traveling on a road with a posted...Ch. 3 - The Panama Railroad Company was established in...Ch. 3 - Case Problem 1 Pelican Stores Pelican S to res, a...Ch. 3 - Case Problem 1 Pelican Stores Pelican S to res, a...Ch. 3 - Problem 2Motion Picture Industry The motion...Ch. 3 - Case Problem 2 Motion Picture Industry The motion...Ch. 3 - Case Problem 2 Motion Picture Industry The motion...Ch. 3 - Case Problem 3 Business Schools of Asia-Pacific...Ch. 3 - Case Problem 3 Business Schools of Asia-Pacific...Ch. 3 - Case Problem 3 Business Schools of Asia-Pacific...Ch. 3 - Case Problem 3 Business Schools of Asia-Pacific...Ch. 3 - Case Problem 5 African Elephant Populations...Ch. 3 - Case Problem 5 African Elephant Populations...Ch. 3 - Case Problem 5 African Elephant Populations...
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