Analysis of Netflix's Performance from 2012 to 2020
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The report provides a comprehensive analysis of Netflix's performance from 2012 to 2020. It includes statistical analysis, data manipulation techniques, and charts and graphs to present the data in a more understandable way.
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY..................................................................................................................................3 1. Description based on the research topic - Netflix....................................................................3 2. Representation of Raw Data....................................................................................................4 3. Converting the Raw Data into meaningful statistical Techniques...........................................4 4. Data Manipulation Techniques................................................................................................6 5. Data Presentation using Charts and graphs of Netflix:............................................................8 CONCLUSION..............................................................................................................................10 REFERENCES..............................................................................................................................11
INTRODUCTION According to the following report, the raw data of Netflix are collected and analysed. The data set is gathered from some online platform and then represent in a suitable framework (Türegün., 2020). In this report, data are classified into subscribers, profits and speed, and the total number of profits the company gain occurs. All the data are collected during the period from 2012 to 2020. In the following report, Research of data, Putting the value of set data in excel, statistical techniques such as mean, median, and mode, leverage on the excel auto sum features, graphs and charts, and analysis are explained to display the relevant information. MAIN BODY 1. Description based on the research topic - Netflix The following case study topic is related to the American-based streaming services and production company which is founded on 29 August 1997 and it's known as Netflix Originals. that has its portal and application which run by the customer on desktops, laptops, and mobiles after taking subscription on Netflix. It charges some amount on subscription according to the plan of the customer and the period of such plan is monthly, quarterly and yearly. It offers movies, series, TV shows, etc. in its application and it also gives facilities in the setup box and smart TVs. After determining all Netflix activity, they prepared systematic data in a numerical framework in a spreadsheet and then some statistical techniques like average, median, and mode are performed for analysing the market conditions. It also performs an activity that represents the data in graphical presentation for understanding the work easily and timely. The data table are represented below: Netflix YearProfits (Million) Sales (Billion) Speed of Content (Billion) Subscribers (Million) 2012$100.00$7.00$9.30$43.00 2013$456.00$8.60$7.50$51.40 2014$806.00$10.80$6.38$71.20 2015$612.00$13.40$10.54$95.80 2016$758.00$17.60$13.76$125.40 2017$1,678.00$23.20$17.82$159.80 2018$1,788.00$31.40$24.00$248.60
2019$1,986.00$40.20$27.80$303.00 2020$1,994.00$49.80$23.60$385.80 2. Representation of Raw Data In the following table data of Netflix are collected from the online source which represents the company's profits, sales, speed of content, and volume of the subscriber from the period 2012 to 2020. The data are represented in the form of a table that expresses the data of Netflix understandable. The data help computes the statistical techniques and leverage the excel auto sum features(Mwebe, Volante and Weaver., 2020). The table shows the heading of activity in the topmost row and their related data points are plotted respectively. In the following result, the accuracy of data is concluded if any type of wrong data has been occurring then the result automatically hurts. Therefore, the data represented in the below table is collected from valid sources for carrying forward the research. The following data are represented below in the proper table form: 3. Converting the Raw Data into meaningful statistical Techniques The techniquewhichis used for determiningthe informationof the company in numerical form is called statistical techniques. It is the method that plays an important role in the field of understanding because it prepares and represents the data in a systematic framework. After this statistical activity, the company helps make future decisions and is also useful in maximizing and improving the position and expansion of the business market. These statistical tools are used by many organizations of expressing the business in meaningful conclusion that helps the organization in long run for running their business and also in facing the issues. The important types of statistical tools are mean, median and mode, range, standard deviation, etc. but generally three types of tools are used by the company that are mean, median, and mode which is explained below; Mean: The calculation which shows the average value from the given data set is known as the Mean. It is a technique that helps the business to work efficiently in respect of central tendency. There are several steps to compute the mean value: Step 1: Collect the data from all the sources in a numerical form. Step 2: Calculate the data points. Step 3: Add the total number to the data set.
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Step 4: As a result, Divide the sum of the total number of data sets by the total number of data points In this following report mean is calculated on the Netflix profit, sales, speed of content, and the total number of subscribers they are earning or expanding in their business. As result, the mean is calculated from the table data are $1130.89, $22.44, $15.63, and $164.89 respectively. The average values of Netflix are shows the gaining capacity from the period 2012 to 2020. Mean of all the selective data helpful in informing the business position and their competitor's market value. Median: The median is the tool of statistics that calculates the mid-value from the given data set. It is also an important and useful tool for measuring the company's performance in such a way that can be easily understandable and helpful in decision making(Souza, Alves and Alencar., 2018). The Median is calculated through the following major steps: Step 1: Represent the data in ascending or descending order. Step 2: Calculate the total data sets present in a given table. Step 3: Analyse the Nth term whether odd or even. Step 4: Put the value formula of median according to the Nth term. Step 5: If the Nth term is odd then (N + 1) and if even then (N/2). By analysing the following table, the calculation of median value has resulted in a profit, sales, speed of content, and the number of the subscriber are $ 806, $ 17.60, $ 13.76, and $ 125.40. respectively. This median shows that Netflix earned more in the year 2015 and 2016 which means the Netflix growth is higher in the 4thand 5thyears. Mode: It is the term that is useful for calculating the value which has more probability in the given datasheet. In simple words, the mode analyses and results in the term which occurs maximum in the table. The calculation of mode has some steps are as follows: Step 1: Sort the number in the form of A to Z or Z to A. Step 2: Determine all the values in a given set. Step 3: Analyse the number which is continuously occurring. Step 4: Pick out the higher outcome number as the mode. By analysing the steps, the calculation of Netflix mode is concluded but as result, it shows that there is no repetitive value in the whole table of data which means the Mode of Netflix about
profit, sales, speed of content, and several subscribers is Zero that means the company position is always changing(Messer., 2020). The following table of Netflix shows the calculation of mean, median and mode with its formula and screenshot of formula: Netflix YearProfits (Million)Sales (Billion) Speed of Content (Billion) Subscribers (Million) 2012$100.00$7.00$9.30$43.00 2013$456.00$8.60$7.50$51.40 2014$806.00$10.80$6.38$71.20 2015$612.00$13.40$10.54$95.80 2016$758.00$17.60$13.76$125.40 2017$1,678.00$23.20$17.82$159.80 2018$1,788.00$31.40$24.00$248.60 2019$1,986.00$40.20$27.80$303.00 2020$1,994.00$49.80$23.60$385.80 Application of Statistical Techniques:- Mean$1,130.89$22.44$15.63$164.89 Median$806.00$17.60$13.76$125.40 Mode#N/A#N/A#N/A#N/A 4. Data Manipulation Techniques It is the technique that is used by the organization to represent the data systematically and understandably(Morgado,PalmaanddaSilva.,2020).Thereareseveraltypesofdata manipulation are present which are used by the companies but the Netflix uses types of data manipulation that are Minimum, Maximum, Sum, Average, and count about profits, sales, speed of content, and a number of the subscriber. Minimum: Minimum is the value that shows the lowest term in the data points. The minimum value of the numerical data is calculated by the company in MS excel. In Netflix, the lowest value of all the row data of profit, sales, content speed, and the number of the subscriber are $100, $7, $6.38, $43 respectively.
It shows that the company needs to improve the work for more gaining. Maximum:It provides the number which determines the higher number in a given data set. The maximum number is calculated in excel for easy and fast working. Netflix used this highest term for analysing the company's capacity and productivity. The maximum value of profit, sales, speedofcontent,andthenumberofthesubscriberare$1994,$49.8,$27.8and $385.8respectively. Sum:Sum formula is usually used for calculating the total number presented in a given set (Khera, Khan and Rahman., 2020). The production company Netflix used this formula for analysing the total profit, sales, speed of content, and the number of subscribers from the year 2012 to 2020. Average:The organization calculates the average value based on two or more years' data for analysing the average income, expenditure, and position of the company. Netflix calculates the formula average in excel for calculating the mean value of profit, sales, speed of content, and the number of subscribers. Count:It is the term that is used to count the total data set in the given information(Domingo- Carrillo and et.al., 2020). This information is used by Netflix for analysing the row data from the period 2012 to 2020. The following table represents all Data Manipulation which describesbelow: Netflix Year Profits (Million)Sales (Billion) Speed of Content (Billion) Subscribers (Million) 2012$100.00$7.00$9.30$43.00 2013$456.00$8.60$7.50$51.40 2014$806.00$10.80$6.38$71.20 2015$612.00$13.40$10.54$95.80 2016$758.00$17.60$13.76$125.40 2017$1,678.00$23.20$17.82$159.80 2018$1,788.00$31.40$24.00$248.60 2019$1,986.00$40.20$27.80$303.00 2020$1,994.00$49.80$23.60$385.80 Data Manipulation implementation:- Minimum$100.00$7.00$6.38$43.00 Maximum$1,994.00$49.80$27.80$385.80
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Sum $10,178.0 0$202.00$140.70$1,484.00 Average$1,130.89$22.44$15.63$164.89 Count9999 Data Manipulation implementation 5. Data Presentation using Charts and graphs of Netflix: Profit Chart Sales Chart
Speed of Content Chart Subscribers Chart
CONCLUSION The above report is prepared on the Company Netflix to analyse its performance from 2012 to 2020. The data has been extracted here from online sources by considering different areas such as sales figures, profits, subscribers, strategies, content, etc. from 2012 to 2020. After extracting the data, statistical analysis has been carried out by finding out the mean, median ad mode of the following data to check the performance of the company, after calculating this, techniques related to data manipulation have been applied concerning sales, profit, content speed and subscriber such as maximum, minimum, sum, average and count to organize the given set of data, resulting in easy to understand the content for users. In the end, graphical presentations in line chart format has been made to showcase the data of different years for a better comparison. The purpose of this report is to check the stability of Netflix in the dynamic environment and after knowing the condition of the company, necessary corrective measures can be applied to treat the loopholes.
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REFERENCES Books and Journals Domingo-Carrillo, M.Á and et.al., 2020. Scientific production on revenue management in tourism on Web of Science and SCOPUS.Current Issues in Tourism,23(7), pp.880- 905. Khera, N., Khan, S.A. and Rahman, O., 2020. Valve regulated lead acid battery diagnostic system based on infrared thermal imaging and fuzzy algorithm.International Journal of System Assurance Engineering and Management,11(3), pp.614-624. Messer, R., 2020. Times Series Forecasting Decisions. InFinancial Modeling for Decision Making: Using MS-Excel in Accounting and Finance. Emerald Publishing Limited. Morgado, V., Palma, C. and da Silva, R.J.B., 2020. Monte Carlo bottom-up evaluation of global instrumentalquantificationuncertainty:Flexibleanduser-friendlycomputational tool.Chemosphere,258, p.127285. Mwebe, H.P., Volante, M. and Weaver, T., 2020. Monitoring cardiovascular disease risk in individuals with severe mental illness in an inpatient mental health setting: a secondary data analysis.British Journal of Mental Health Nursing,9(3), pp.1-14. Souza, R.F.D., Alves, A.D.S. and Alencar, I.G.M.D., 2018. Eventos adversos na unidade de terapia intensiva.Rev. enferm. UFPE on line, pp.19-27. Türegün,N.,2020.Doesfinancialcrisisimpactearningsmanagement?Evidencefrom Turkey.Journal of Corporate Accounting & Finance,31(1), pp.64-71.