Data Analysis of Netflix Subscribers: Statistical Techniques and Data Manipulation
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Added on  2023/06/11
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This study analyzes the subscribers of Netflix for 10 years using statistical techniques such as mean, mode, and median. Data manipulation is done using Excel functions such as sum, average, count, max, and min. The study concludes that Netflix is performing well in the specified sector.
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TABLE OF CONTENTS UNDERSTANDING OF TOPIC.....................................................................................................1 MAIN BODY...................................................................................................................................1 Raw Data Presentation................................................................................................................1 Statistical Techniques..................................................................................................................1 Data Manipulation.......................................................................................................................2 Representations...........................................................................................................................4 CONCLUSION...............................................................................................................................4 REFERENCES................................................................................................................................5
UNDERSTANDING OF TOPIC Data analysis is concerned with having the significant ability to evaluate numerical figures in turn particular decision can be formulated. In the current era, it is important to have effective data analysis technique is respect to gin significant ability to evaluate prevailing performance in turn proper decision can be made. The current study is based on Netflix which is one of the successful firm offering file and television series library. Present study will give emphasis on having data regarding subscribers of 10 years. The current investigation will include implementation of statistical techniques such as mean, mode and median. It will include data manipulation via utilizing excel functions by representing outcomes in decimals.The graphical presentation will be involved in order to get the depth information. MAIN BODY Raw Data Presentation YearSubscribers (million) 201121.5 201225.7 201335.6 201447.9 201562.7 201679.9 201799 2018124.3 2019151.5 2020192.9 The above presenting data is of 10 consecutive years regarding subscribers of each year that provides assistance in gaining information about the number of users of Netflix (Netflix subscribers,2020). On the basis of above presented table it can be identified that there is inclining trend prevailing in subscribers. Statistical Techniques Calculation of mean, mode and median YearSubscribers (million) 201121.5 201225.7 1
201335.6 201447.9 201562.7 201679.9 201799 2018124.3 2019151.5 2020192.9 Mean84.1 Mode0 Median71.3 Mean s is concerned with average of the given numbers of subscribers of Netflix. This has been computed by applying formula which is =average(array of numbers). From the above give table it can be articulated that mean of subscribers is 84.1 million. This is presenting that average number of subscribers for the given period is 84.1million. Mode is one of statistical technique that helps in evaluating the value that mostly appears in data set chosen (Moriarty,Held and Richardson,2018).Thisis determined by using formula such as =mode (array of numbers). From the analysis of the computed data it can be mentioned that there is mode value in the selected data set of subscribers for the year 2011 to 2020.This is indicating that there is same number of subscribers who are repeating from the year 2011-2020. Median is related with the value lying at the mid point of observed value that is represented above in table. In addition to this, the value presented in tabular formate has been determined via using =median(array of numbers) formula.From the evaluation of the given data, it can be stated that subscribers presented for the 10 years from 2011 to 2020 there is median value of 71.3 million. It can be identified that half of subscribers are above and rest are below the determined value. Data Manipulation The process of data manipulation is concerned with having ability to organize information in appropriate manner to make easy to read. Excel functions such as sum, average, count, max and min can be taken into consideration accomplishing the objective of manipulating data. YearSubscribers (million) 2
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201121.5 201225.7 201335.6 201447.9 201562.7 201679.9 201799 2018124.3 2019151.5 2020192.9 Sum841 Average84.1 Count10 Max192.9 Min21.5 Sum refers to total of given data set which is obtained by adding the numbers. In the current case, sum value 840 million has been determined by using formula of =sum(array of numbers). The total number of subscribers are attained by the Netflix in the 10 years which is presentinggoodperformanceasfound tobeinupwardmovement.Inadditiontothis, sustainable growth of organization is found which is positive indicator of growth. Average expressing the centric value in the given data set of subscribers which is helpful in estimating that how effective firm is having average number of subscribers. Countis related with having the number of entries in number field that is in range of array of numbers. On the basis of given information it can be interpreted that there is 10 number of entries of subscribers as years from 2011-2020 has been selected. This has been computed by using the formula of = Count (array of numbers). Max function of excel helps in gaining the clarity of finding the higher value in presented data set that has been illustrated in the above given table (Lu and et.al., 2020). The max value has been determined by using formula = sum (array of numbers). The derived outcome is 192.9 million which is the highest number of subscriber company has achieved the specified duration of time. This is helpful in reflecting the maximum value which is covered by firm in order to meet its objectives of higher profitability, revenue and market share. Min function is taken into practice for data manipulation that indicates the smallest numeric h value in the collected data. With help of excel function formula such as = min (array 3
of numbers) which has given value of 21.5 million which is covered by Netflix. Minimum number of subscribers hold by firm from the specified duration is 21.5 which aids in assessing its lowest limit to obtained subscribers for mentioned period. Representations From the above graphical presentation it can be specified that information of subscribers for the given period is helpful in assessing its overall performance. It is indicating that Netflix is having good level of performance as number of subscribers are increasing as compared to previous year which show good market position. CONCLUSION From the above report it can be concluded that Netflix subscribers data has been collected for the 10 years. The current study has given emphasis on using statistical techniques sch as mean, mode and median which proved results such as 84.1, 0 and 71.3 million respectively. For the data manipulation in order to represent the data in ease manner functions of excel such as sum, average, count, max and min given outcome like 841, 84.1, 10, 192.9 and 21.5 respectively. These are helpful in interpreting that company is performing good in the specified sector. 4
REFERENCES Books and Journals Lu, S. and et.al., 2020. Hybrid block successive approximation for one-sided non-convex min- max problems: algorithms and applications.IEEE Transactions on Signal Processing. 68.pp.3676-3691. Moriarty, B., Held, B. and Richardson, T., 2018.Microsoft excel functions and formulas. Stylus Publishing, LLC. Online Netflixsubscribers.2020.[Online].Availablethrough: <https://www.businessofapps.com/data/netflix-statistics/> 5