maths stats tutor
Movie | Twitter Activity | Receipts |
The Devil Inside | 219509 | 14763 |
The Dictator | 6405 | 5796 |
Paranormal Activity 3 | 165128 | 15829 |
The Hunger Games | 579288 | 36871 |
Bridesmaids | 6564 | 8995 |
Red Tails | 11104 | 7477 |
Act of Valor | 9152 | 8054 |
A. What is the independent variable (X) and what is the dependent variable (y)
B. Write a null and alternative hypothesis statement
C. What is the R-squared value and interpret it’s meaning?
D. What is the correlation coefficient and interpret it’s meaning?
E. Predict the receipts for a movie that has a Twitter activity of 100,000 using the linear regression formula generated after you run the regression analysis in Excel (just like we did in the lecture notes)
F. At the 95% significance level, is there significant evidence of a relationship between Twitter activity and receipts?
G. Do you accept or reject the null hypothesis?
H. Based upon your answers above, provide us with a paragraph (3-4 sentence) conclusion that would be appropriate to explain the results to a senior executive that isn’t as familiar with statistics as you are!
Part 2 – Two Sample Hypothesis Testing
Using the Retirement funds spreadsheet, please determine if there is a significant difference between the average rate of return on Large Value and Large Growth stock funds.
I. What are the two variables of interest?
J. Write a null and alternative hypothesis statement
K. At the 95% significance level, is there significant evidence of a difference between fund rate of returns?
L. Do you accept or reject the null hypothesis?
M. Based upon your answer above, provide us with a paragraph (3-4 sentence) conclusion that would be appropriate to explain the results to a senior executive that isn’t as familiar with statistics as you are!
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