GROUP ASSIGNMENT
TAYLOR’S/UWE DUAL AWARDS PROGRAMMES
AUGUST 2020 SEMESTER
STA60104 QUANTITATIVE METHODS FOR BUSINESS
Group Assignment (35%)
Due date: 26th October 2020 latest by 2 pm
Instructions:
• This assignment requires students to work in a pair or a group of 3 members.
• It will be assessed over 100 marks and is worth 35% of the whole module coursework.
• You must schedule your project to be completed in approximately 6 weeks and must submit a hard
copy of the report into the drop box titled “STA60104 QM Group Assignment” placed at the entry to
the Division Office on the 2nd floor, Block E, Lakeside Campus by 2pm on 26th October, 2020.
Please ensure the following details included in your assignment to avoid reduction in marks.
➢ Completed Assignment Cover Sheet (see attached sample in MIB).
➢ Completed Assignment Feedback Form (see attached sample in MIB).
➢ Please use Times New Roman with a font size of 12. Every page should be numbered.
➢ All Excel outputs should be copied and pasted in onto the Microsoft Word document. Handwritten
answers will be disregarded.
➢ All charts and graphs must be properly labeled. Assignment submitted should be presentable,
neat and organized.
➢ Late Assignments will not be accepted and only limited possibility exists for extensions if
application is made to the subject administrator before the due date. These will be granted solely
on medical grounds or grounds of misadventure and must be supported by relevant documentation.
➢ Plagiarism is a specific form of academic misconduct. This assignment is to represent your
individual work. If plagiarism is found, both parties will be penalized regardless of who copies
from whom.
Question 1 (45 marks)
Benny Productions is a private film finance and production company committed to supporting talented film
makers and bringing their vision to the screen. You and your group members have been approached to
perform a movie industry analysis in order to identify the tasks below:
Task I
Summary measures below are based on total box office takings, adjusted for ticket price inflation, for top
25 biggest grossing movies 1977-2019 in each movie genre category:
Summary Movie Genre
measure Science Fiction Action Black Comedy Thriller
Average $ 497,768,775 $ 395,000,164 $ 29,862,967 $ 265,664,195
Std. dev. $ 238,314,536 $ 113,439,411 $ 19,854,281 $ 175,964,950
Min $ 267,922,763 $ 293,349,555 $ 9,947,625 $ 137,917,433
Max $ 1,221,103,103 $ 738,932,505 $ 92,308,740 $ 966,233,033
a. Examine these descriptive statistics. Why aren’t direct comparisons appropriate? Calculate and
interpret the measure(s) that would allow you to make direct comparisons. (10 marks)
b. What are the potential shortcomings of the analysis from part (a)? Explain briefly.
(2 marks)
c. How do the four movie genres compare? Which genre seems to do the best at the box office? Which
does the worst? Which genre shows the most variability in its box office results? Which shows the
least? (6 marks)
Task II
For this question you will need to fill up the excel sheet and choose any 20 movies in the given link. For
your analysis of each movie, you will only need the Opening Weekend Box Office and Max Theatre
Count.
https://docs.google.com/spreadsheets/d/1UEvam634yfF5MtASirRDdatWUZYA0M6Rrmc2jP-
amB0/edit?usp=sharing
a. Draw an appropriate graph for Opening Weekend Box Office and Max Theatre Count. Include
printouts of your data in your Appendix. (12 marks)
b. Obtain Descriptive Statistics, including Inter quartile range, for Opening Weekend Box Office and
Max Theatre Count. (4 marks)
c. Describe the shape (symmetry, modality and outliers) of each distribution. (7 marks)
d. Nominate appropriate summary measures of centrality and dispersion for the distribution of
Opening Weekend Box Office and Max Theatre Count. Give reason(s) for your choice. For each
distribution, give and interpret the values of the summary measures you have chosen. Compare
and contrast weekend per theatre receipts for the two movies. (4 marks)
Question 2 (55 marks)
The carbon dioxide (CO2) represent a major component of greenhouse gases (GHG) and is considered as
one of the most important causes of increasing global warming and climate change. To do this assignment,
you and your group members must select any 2 countries and find the data for the variables listed below
from the period 1970-2019 that can be obtained from world bank database.
❖ GDP per capita (constant 2010 US$)
❖ Foreign direct investment, net inflows (% of GDP)
❖ International tourism, number of arrivals
❖ Trade (% of GDP)
❖ CO2 emissions (metric tons per capita)
Your team also needs to find the data for 4 different types of CO 2 emissions from the period 1970-
2019
❖ CO2 emissions from electricity and heat production, total (% of total fuel combustion)
❖ CO2 emissions from manufacturing industries and construction (% of total fuel combustion)
❖ CO2 emissions from other sectors, excluding residential buildings and commercial and
public
services (% of total fuel combustion)
❖ CO2 emissions from transport (% of total fuel combustion)
Your task
Print out the Excel sheet and attach it in the appendix of your assignment. Failure to include this printout
will result in a penalty of 50% of your assignment marks.
a) Graph the 4 different types of CO2 emissions during the period 1970-2019 using line graphs, for
both the countries. (10 marks)
b) Summarize the 4 different types of CO2 emissions, separately, by using the descriptive statistics
for the two countries that were chosen. (4 marks)
c) Compare and contrast the results within and between the countries in part (a) and (b) and write a
short report. (10 marks)
d) The CO2 emissions (metric tons per capita) depends on the GDP per capita. Determine the
correlation between the two variables and develop the estimated equation for one of two countries.
Your analysis should include a scatter plot of the data, significance of the regression model and
the significance of the correlation coefficient at 5% significance level. Write a report on your analysis.
(15 marks)
e) After reading a journal article, you and your team members realized that CO2 emissions (metric
tons per capita) depends not only on GDP per capita but also on the other variables given above.
Write a report on the analysis using all the necessary regression and hypothesis test that you have
learnt by choosing the other country. (16 marks)
