1.)
For a small roster of artists we are working with, we are able to get our hands on a bunch of relevant data.
The data includes various characteristics about each artist: information on the artist's social media
performance such as the number of followers added in the past month across networks like Instagram. In
addition, we know whether or not the artist has released an album in the past year, as well as the identification
number generated by the record label that is associated with the artist for organizational purposes.
How might we organize this information in a data matrix? Create a sample table in Google Docs. Then convert
your document to a PDF.
2.)
Consider the following excerpt of a data matrix.
Does it make sense to calculate summary statistics such as mean and median for all variables?
Consider the artist_id column. This list of values, while numerical, denotes a categorization of the artist. If we
were to calculate the average value, would that add to our analysis in any way?
3.)
a.)
How would we go about determining whether the limited release had an impact on how Kanye's album was
greeted by fans?
b.)
Would we need to run a randomized experiment to test our assumptions, or would an observational study
suffice?
c.)
What might represent the explanatory and response variables in this particular case?
Kanye West releases a new album exclusively on TIDAL. The album tanks.
Just a few weeks later, Beyoncé released her new album exclusively on the same service and the album did
extremely well.
Consider the following three questions. Write a one–two paragraph response. Then comment on at least two of
your classmates' responses.
Kanye West releases a new album exclusively on TIDAL. The album tanks.
Just a few weeks later, Beyoncé released her new album exclusively on the same service and the album did
extremely well.
Consider the following three questions. Write a one–two paragraph response. Then comment on at least two of
your classmates' responses.
Kanye West releases a new album exclusively on TIDAL. The album tanks.
Just a few weeks later, Beyoncé released her new album exclusively on the same service and the album did
extremely well.
Consider the following three questions. Write a one–two paragraph response. Then comment on at least two of
your classmates' responses.
Kanye West releases a new album exclusively on TIDAL. The album tanks.
Just a few weeks later, Beyoncé released her new album exclusively on the same service and the album did
extremely well.