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Please answer part(a) and part(b) according to the dataset provided. Make sure you fully meet the question criteria. Leave a comment when you're done and
Please answer part(a) and part(b) according to the dataset provided. Make sure you fully meet the question criteria. Leave a comment when you're done and I'll create another question asking for the other parts and then you can get to them via the link I'll add in the comments. Feel free to complete them in this one if you're feeling kind. Thank you!
Update: Your comment asking me to update this question doesn't even make sense! You already have the whole question in front of you!
Data Set: Bollywood Films Grosses and Budgets 2013-2017 The data set presents the Box office gross revenue and budget (crore) for 10 Bollywood films from 2013-2017. Movie Sultan Fan Housefull 3 Akira UdtaPunjab Tum Bin 2 Bhag Milkha Bhag Flying Jatt Banjo Baaghi Gross 300.22 83.25 107.54 24.65 58.21 109.18 3.5 35.55 8.5 75.17 Budget 90 105 85 30 52 15 50 30 47 4 8 a. Construct a frequency distribution, draw graphs (Suitable) to access the shape of the distribution for both variables. Do they differ or they possess the same behavior? c. b. Calculate and interpret mean, median and mode for both the variables, and comment about the shape of the distribution using the relationship between mean, median and mode. Keeping in view the shape of both the variables, which measure of central tendency do you think is the most appropriate among all. Apply all the absolute measures of dispersion as well as relative measures of dispersion to compare the amount of spread in both the variables.(Standard deviation, mean deviation from median) d. Knowing the shape of the distribution, which measure of dispersion is the most appropriate one, report and interprets your results. Calculate the first four moments about mean. f. Discuss the shape of the distribution with respect to moments about mean, do they coincide with the conclusion obtained in (b). Find moment ratio b, and b3. Which variable has its distribution closer to the normal probability distribution and why, please discuss? h. Keeping in view all the calculations you have made and the results you have obtained, please summarize your complete analysis in the form of a conclusion about the datasets Used. e. Data Set: Bollywood Films Grosses and Budgets 2013-2017 The data set presents the Box office gross revenue and budget (crore) for 10 Bollywood films from 2013-2017. Movie Sultan Fan Housefull 3 Akira UdtaPunjab Tum Bin 2 Bhag Milkha Bhag Flying Jatt Banjo Baaghi Gross 300.22 83.25 107.54 24.65 58.21 109.18 3.5 35.55 8.5 75.17 Budget 90 105 85 30 52 15 50 30 47 4 8 a. Construct a frequency distribution, draw graphs (Suitable) to access the shape of the distribution for both variables. Do they differ or they possess the same behavior? c. b. Calculate and interpret mean, median and mode for both the variables, and comment about the shape of the distribution using the relationship between mean, median and mode. Keeping in view the shape of both the variables, which measure of central tendency do you think is the most appropriate among all. Apply all the absolute measures of dispersion as well as relative measures of dispersion to compare the amount of spread in both the variables.(Standard deviation, mean deviation from median) d. Knowing the shape of the distribution, which measure of dispersion is the most appropriate one, report and interprets your results. Calculate the first four moments about mean. f. Discuss the shape of the distribution with respect to moments about mean, do they coincide with the conclusion obtained in (b). Find moment ratio b, and b3. Which variable has its distribution closer to the normal probability distribution and why, please discuss? h. Keeping in view all the calculations you have made and the results you have obtained, please summarize your complete analysis in the form of a conclusion about the datasets Used. eStep by Step Solution
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