Quantitative research involves the analysis of data. Oftenth.
Quantitative research involves the analysis of data. Oftenthere are databases available or government data available for free onthe internet. There are also proprietary databases that can provide dataas well. For this assignment, you will collect data and begin theanalysis of the data. NOTE: save the data collected because you willcontinue to perform additional analysis of the data as the termprogresses. Hint: for collecting data, try the Research and InnovativeTechnology Administration, Bureau of Transportation Statistics website.You will have to do some searching to find the data. Look around thereference website, the data are there. For thefirst module, you need to collect cumulative data for all U.S. majorcarriers for the time period of January 2006 through December 2012. Thedata you collect should include monthly load factors, monthly revenuepassenger miles, and monthly available seat miles (Domestic flightsonly).Once you have collected the data, clean thedata as necessary (i.e. sometimes monthly data will include a total foreach year in the data set). If you keep the annual total in the data setit could skew some of your results. Also, remember the question asksfor domestic data only. For the period in question calculate thefollowing summary statistics for each data item collected:MeanMedianModeStandard DeviationVarianceMinimum and maximumIn addition to data for all U.S. carriers collect the same data of asingle U.S. airline, clean the data, and calculate the same summarystatistics for the particular airline you selected.Create ascatter plot for all of the US airline data with revenue passenger mileson the y-axis and load factor on the x-axis. Do the same for theindividual airline you have selected. Make sure your scatter plotincludes a title of the plot, labels the x and y-axis with appropriatetitles, and uses appropriate scales for each axis (refer to yourtextbooks for examples).After completing the above items,prepare a brief (three to four paragraph) discussion of the summarystatistics, perceived relation between load factor and revenue passengermiles (if any), how your selected airline appears to be performingrelative to the industry, and any other information you can glean fromthe data collected. Your write-up should also include a brief discussionidentifying where the data was obtained from. Ensure sources are citedand formatted in accordance with current APA format. Thisassignment is intended to get you to start thinking about what your datamay or may not be telling you. Certainly, this early in the term wehave not discussed the tools necessary to draw strong inferences.However, there are items which may appear to be apparent that can bediscussed.Be sure to include summary tables of summarystatistics, the scatterplots, and the excel spreadsheet with the data inaddition to the brief write-up.
Quantitative research involves the analysis of data. Oftenth
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