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please correct answer Question 2 18 Marks) Attracted by the possible returns from a portfolio of movies, hedge funds have invested in the movie industry
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Question 2 18 Marks) Attracted by the possible returns from a portfolio of movies, hedge funds have invested in the movie industry by financially backing individual films and/or studios. The hedge fund Star Ventures is currently conducting some research involving movies involving Adam Sandler, an American actor, screenwriter, and film producer. As you know, Adam Richard Sandler is an American actor, comedian, and filmmaker. He was a cast member on Saturday Night Live from 1990 to 1995, before going on to star in many Hollywood films, which have combined to earn more than $2 billion at the box office. At 17, he took his first step towards becoming a stand-up comedian when he spontaneously took the stage at a Boston comedy club. As a first step, Star Ventures would like to cluster Adam Sandler movies based on their points that are given below in Table 2.1: Page 2 of 3 ID 1 2 3 Ist la Points 345 900 567 786 232 546 231 980 134 676 Table 2.1 6 7 8 9 10 Perform both the two techniques of Hierarchical Clustering and plot them using their respective diagrams to visualize the similarity of the data. Remember to show each and every step of the solutionStep by Step Solution
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