Saturday, October 13, 2012

Stats at the movies

This article is about the correlation between the rotten tomatoes rating of a movie and its Domestic box office gross. In the first part of the article he relates only two variables, the rotten tomatoes rating is his explanatory variable and the response variable was the box office gross. In the second part of the article he made a regression for box office gross using multiple explanatory variables. I thought it was very interesting how close the projection was for mission impossible three compared to the actual, despite the  fact that his r value was relatively low. This article directly relates to what we are learning in stats right now. In the article he talks about regression lines which we are learning about right now. Also in the appendix he goes over the residual plots etc. which we are also learning about. We did not talk about how you can use multiple explanatory variables. We also have not talked about binary variables. Captain America had a rotten tomatoes score of 79% according to the articles regression equation it should have grossed $88.3 million it actually grossed $176.6 million. His model did not predict how the gross very well for Captain America. Holy Motors a film due to be released this week has a rt rating of 92% and it should gross $97.13.

Wednesday, October 10, 2012




REASSESSMENT A.2
This histogram represents the amount of time it takes to retrive parts various parts from the central warehouse. There is a gap between 0-1 minute which indicates that parts cannot be retrieved in less time. The histogram is bimodal with the first mode located at 3 minutes, the frequency at this time is about 39. The second mode is at 8 minutes with a frequency of 30. This indicates that most of time, it takes either 3 or 8 minutes to retrieve a part from the central warehouse. There are no outliers in the distribution. The median of the distribution would be at about 4 or 5 minutes. The range of the entire distribution is 11 which means that from there is an 11 minute difference in time it takes to retrieve a part from the shortest time to the longest time.