Business Decision: Analysis of Statistics and Decision Making

BUSINESS DECISION

Table of Contents
TASK-1............................................................................................................................................2
Question 1)...................................................................................................................................2
Question 2)...................................................................................................................................2
TASK-2............................................................................................................................................2
Question 1)...................................................................................................................................2
Question 2)...................................................................................................................................3
Question 3)...................................................................................................................................3
Question 4)...................................................................................................................................3
TASK-3............................................................................................................................................4
Question 1)...................................................................................................................................4
Question 2)...................................................................................................................................4
Question 3)...................................................................................................................................4
Question 4)...................................................................................................................................4
TASK-4............................................................................................................................................5
Question 1)...................................................................................................................................5
Question 2)...................................................................................................................................5
Question 3)...................................................................................................................................5
TASK-5............................................................................................................................................5
Question 1)...................................................................................................................................5
Question 2)...................................................................................................................................5
Question 3)...................................................................................................................................6
REFERENCES................................................................................................................................6
1

TASK-1
Question 1)
a) Mean:
Count: Sample value = 115
Mean = Sum/ count
= 4702/115
= 40.88
As the mean of the data is 40, which shows the average age of 40 years people who are Netflix
viewer.
b) Minimum:
Range = Maximum value- minimum value
Here,
65 = 80 – x
X= 80-65
X= 15
Thus, minimum= 15.
As the minimum is 15 which shows that the minimum age of viewers is 15years who saw
Netflix.
c) Standard deviation:
SD= 16.25
It can be interpreted that SD is 16.24 that means data is highly spread. There is high
variation in data and it is distributed around mean.
d) coefficient of variation:
Coefficient of variation = .39
From above it can be interpreted that coefficient of variable is .39 which is not
acceptable. Thus, there is low variances in it. Thus, distribution is there but with low variation.
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