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Exploring Business Data.

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Introduction

Exploring Business Data Assignment

Task 1        - (i)

A Table showing the Total number of passengers using UK airports over the period from 1989 to 1999

Figure 1:

Year

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

Total

91.4

95

89.2

99.2

104.7

113.3

119.5

125.2

134.6

145.4

153.9

(Millions)image00.png

Figure 2:

Figure 3        (Source of information: Annual abstract of statistics record, 2001)image01.png

Comment:

As we can see from the table above the total number of passengers using UK airports in 1989 was 91.4 million and ten years on in 1999 the figure has increased almost 70% to 153.9 million. Figure 1 shows the total number of passengers that have used UK airports over the period from 1989 to 1999. Figures 2 and 3 shows the steady increase in the total numbers very clearly. As time goes on the totals are clearly increasing. There is only one year where the total decreased which is the year 1991. This could be due to many reasons.

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Middle

Figure 4:

Comment:

Figure 4 above is a line graph, which shows the total number of passengers using UK airports over the period from 1989 to 1999, it also includes a trend line which identifies the increasing trend of the total number of passengers over the specified period. It also shows a forecast for the years 2000 and 2001. The forecast predicts the total number of passengers that would use the airports if the upward trend continues. The forecast shows that in the year 2000 there should be about 158,000,000 passengers using UK airports and in the year 2001, there should be about 164,000,000 passengers. The forecast is only based on past trends. The forecast cannot be 100% accurate. Certain unexpected events would certainly affect the total number passengers using UK airports. We cannot forecast any unexpected events, which could happen in the future, and for this reason we cannot totally rely on the forecast.

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Conclusion

There are a couple of unusual values. These are the values, which lie further than the regression line than the other observations. The unusual values are for the films, The Lost World and Men in Black.

(iv)

Figure 7:

image05.png

Figure 8:

image06.png

Movies released in the summer have a larger range than those not released in the summer.

From figure 8 we can clearly see that the majority of the movies released in the summer have higher gross receipts than those released in other seasons, with a few exceptions.

The movies released in the summer do tend to do better than those in other seasons, but there are some movies which have done well which were released in the other seasons.

Overall we can say that the summer releases would do better than releases in the other seasons.

Bibliography

Sources of task 1: Annual abstract of statistics website

Sources of task 2: “movies.mdf” on the public drive in the sub-directory “MADDOCK”.

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