Data Analysis of Netflix Profitability from 2011-2020
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Added on  2023/06/10
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This report analyzes Netflix's profitability from 2011-2020 using statistical techniques such as mean, mode, and median. It also includes data manipulation and representations in the form of a graph.
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................1 MAIN BODY...................................................................................................................................1 Raw Data Presentation...........................................................................................................1 Statistical Techniques.............................................................................................................2 Data Manipulation..................................................................................................................3 Representations.......................................................................................................................5 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................7
INTRODUCTION Data analysis is concerned with having the ability to evaluate the raw data so that accomplishing the crucial information for achieving significant decision can become possible. In the current era, having significant data analysis is crucial so that crucial information for the purpose of taking strategic decision can become possible. The present report is based on Netflix which is one of the international firm that offers the entertainment services through offering series, movies, etc.the current report will pay attention on having the ten consecutive years from 2011 to 2020 regarding its profitability so that effective evaluation its overall performance can be exerted. Recent study will focus on presenting the raw data in tabular format, calculating statistical techniques such as mean, mode and median. This will include manipulation of data via using auto um, min, max, etc. MAIN BODY Raw Data Presentation Raw data is basically the h the numerical information that is not been processes for the specific use.This is taken into the process so that significant insights to obtain the crucial information for accomplishing the ability to processdatafor the purpose of evaluating its performance. In the currentstudy, Netflix case has been chosen in which profitability for the ten years which are consecutive has been presented in the tabular format (Netflix profitability, 2020). This can provide assistance in understating the prevailing trend so that effective assessment of the organizational performance can be achieved. YearProfit (Billions) 20110.37 20120.05 20130.2 20140.4 20150.31 20160.41 20170.85 20181.71 20192.74 1
20204.6 On the basis of the above provided information it can be mentioned that raw data is helpful in gaining the crucial ability toascertainthe significant insights that provide assistance in making strategic decision by applying the techniques. Statistical Techniques There are different types of the statistical technique which comprises mean, mode and median that is widely taken into the process by firm so that effective ability to get the reliable information can be derived. Mean, mode and median can be used for planning, designing, collecting data, analyzing, drawing meaningfulinterpretationn and reporting of findings (Molder and et.al., 2021). Computation of mean, mode and median YearProfit (Billions) 20110.37 20120.05 20130.2 20140.4 20150.31 20160.41 20170.85 20181.71 20192.74 20204.6 Mean1.164 Mode0 Median0.405 Mean is basically referred as the average that is computed by having total and dividing by the number of items.For the current statistical technique, the mean has been computed by total profitability generated by Netflix in billions and number of years. In this the total profitability & 2
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number of years has given the information such as 1.164 billion. On the basis of this calculation it can be mentioned that mean which is reflecting the average profitability that is obtained by Netflix from the year 2011 to 2020.The average profitability provide assistance in gaining the significant information which provides assistance in taking decision regarding the inclining & maintaining stability in business. Mode is associated with the statistical technique that aids in understandingthe most commonly observed value from presented data set (Öksüz and Buzrul, 2020). There are various form of the benefits which are achieved by using this tool of statistical analysis which comprises easy to understand, calculate, not affected by extreme value, can be computed for open-ended frequency. From the data set, it can be interpreted that there is no value which is repeated more than twice so that can be taken as mode value. The profitability that has beenobtained in each yearsuch as from 2011 to 2020 is differing for each amount. On the basis of this, it can be articulated that there is mode value in the data set provided regarding profitability of Netflix which is helpful in achieving the information that different efforts for generating profit has been put by specified firm. Median is the simple measure of central tendency that are obtained by arranging the data in ascending order. There are distinct from of the advantages which can be accomplished by the particular organization for computing this tool which includes having ability that is not being affected by large or small values.From the assessment of the particular case, in which even number of observation are there is median value of0.405 billion which is computed by using the excel function.On the basis of theprovided information it can be interpreted that central tendency of the profit generated comprises 0.405 billion which indicate that there mid pointof the profitability. Data Manipulation The datamanipulation is related with organizing thedatathat is arranged in kind of structure that is ready by computer program so that easier to interpret the information can be exerted.This is basically process of altering data by arrangingcorrectiveformat so that it can make more readable & organized. In the recent study, excel functions such as average, count, min, max, etc will be taken into the procedure so that appropriate assessment by manipulating data in more structure format can be achieved.Thepresented tabular formathas beenused 3
for manipulating data so that significant information regarding the prevailing performance can be exerted. YearProfit (Billions) 20110.37 20120.05 20130.2 20140.4 20150.31 20160.41 20170.85 20181.71 20192.74 20204.6 Average1.164 Sum11.64 Count10 Max4.6 Min0.05 Average is largely taken into the process for ascertaining information regarding theprofitabilitythatismeanlygeneratedbyspecificorganization.Fromthecurrent investigation it can be mentioned that average profitability collected is1.164 billion. This is determined by using function of excel such as = average (array of numbers ). sum is basically total of the profitability generated by Netflix from the ten years. This involves using the formula such as =sum (array of numbers) that has provided the information. It is highly important for the organization to get the significant information regarding the sum of the profits generated so that variousobjectives u such as evaluation of the total efficiency, etc. can be exerted. Count is function in excel has been determined by using formula such as = count (array of numbers). On the basis of the provided information it can be mentioned that Netflix's profits for the ten consecutive year has been used for manipulating the data. 4
Maxstatistical technique helps in gaining the crucial information that the maximum amount of the profit generated by Netflix for the 10 mentioned year. This is related with ensuring that proper evaluation of the maximum level of theprofitearned by firm for the years such as 2011 to 2020.On the basis of the assessment of the given information it can be mentionedthat maximum profit earned by Netflix from the year 2011 to 2020 so that significant information about the maximum level of profitability generating capacity so that higher standard for the growth & development can be attained. On the basis of this, it can be mentioned that maximum profit is 4.6 respectively. Min profitability of the organization which is determined byusing theexcel function that include =min (arrayof numbers) so thatsignificant information regarding the profitability in minimum extent. On the basis of the provided information it can be mentioned that minimum profit in billions is 0.05.This is helpful ingaining the informationthat lower profitability amount is 0.05 billion so that improvement action can be taken. Representations on the basis of the presented graph it can be interpreted that from the year 2011 to 2020 there is inclining trend which is helpful in attaining the insight that Netflix is performing good. There is presenting that there are various actions which are basically exerted by the particular company for enhancing its profitability. There is continuous level of improvement so that achieving the strong position has become possible.The presented graph is reflecting thegod 5
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position of Netflix that tend to offer the higher ability to valid that enterprise is accomplishing the competitiveness through enhancing its profitability so that attainting & retaining investors, lenders,etc.stakeholdersforlongerdurationcanbecomepossible(Moriarty,Heldand Richardson, 2018). On the basis of this, it can be mentioned that organization is having the significant ability to stabilize in sector for longer duration. CONCLUSION From the above report it can be concluded that data analysis is crucial for gaining the significant information regarding the prevailing data via evaluating so that relevant decision- making can be exerted, the current study has given emphasis on presenting the data in raw data and having proper utilization of statisticaltools such asmean, mode and median.Thereis manipulation of data which involvessum, max, etc. That has allowed to obtainthe crucial information that can provide assistance in taking strategic decision. On the basis of this, it can be mentioned that there is higher profitability is obtaining as upward movement trend of growth is achieved by looking at graph formulated. 6
REFERENCES Books and Journals Mölder, F and et.al., 2021. Sustainable data analysis with Snakemake.F1000Research.10. Moriarty, B., Held, B. and Richardson, T., 2018.Microsoft excel functions and formulas. Stylus Publishing, LLC. Öksüz, H.B. and Buzrul, S.,2020. An Excel Spreadsheet Regression Tool for Biological Data: R- Bioex.Available at SSRN 4013257. Online Netflixprofitability.2020.[Online].Availablethrough: <https://www.businessofapps.com/data/netflix-statistics/> 7