Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A study of Kickstarter projects showed that the overall majority were successful in achieving their goal. In order to determine project types that could influence

A study of Kickstarter projects showed that the overall majority were successful in achieving their goal. In order to determine project types that could influence success, the projects were subdivided into the categories show below. The respective number of successful and not-successful projects for each category is shown as well.
This is available in worksheet 3 of the Excel data file for this assignment.
a.  Based on this frequency , which category do you feel is the most successful? Explain your decision. 
 
b.  Construct contingency  based on total percentages, row percentages and column percentages.  
 
c.  If you were interested in which category was the most successful by percentage, which  (created in part b) would you use?  
 
Which category had most successful?
Does this answer differ from your answer in part a?
If your answers to parts a and c are different, which result do you think is more accurate? Explain your decision.
 
d.  Using the you selected in part c, create a side-by-side chart that displays the outcome by project category. Display the chart below. 
 
e. Does this display created in part d confirm visually your choice of the most successful category from part c?
f. If you had to make a presentation to the board regarding the success rate of the project categories and could only use one power point slide, what would your slide look like?

Extra Credit (2 points): Create the slide you described in part f and submit the Power Point file with this assignment.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

a Based on the frequency of successful projects in each category we can determine that the most succ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistics For Managers Using Microsoft Excel

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

8th Edition

134173058, 978-0134173054

More Books

Students also viewed these General Management questions

Question

Explain how the cash flow cycle works.

Answered: 1 week ago