Question 1: What is the mean (total) pledge that projects get? (not per backer)* Your answer may… 1 answer below »

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Question 1:
What is the mean (total) pledge that projects get? (not per backer)*

Your answer may vary by +/- 5%

$2,245

$6,750

$10,981

$4,980

Question 2:
Create a histogram that shows the distribution for number of backers. What is the skew of the distribution?*

Question 3:
Is the ‘duration’ variable normally distributed?*

Yes

No

· “

Kickstarter, the crowdfunding platform, is thinking about providing a consulting service to project founders to help its customers create more successful crowdfunding campaigns. You’ve been asked to do some initial analysis.
Part 2: Qualitative Analysis
Create a presentation using max. 5 slides) using the data above (and additional data from those tables) that make clear recommendations on how people can create a successful Kickstarter campaign.
Be sure to consider the following:
– What’s the best length of time to run a campaign?
– What’s the ideal pledge goal?
– What type of projects would be most successful at getting funded?
– Is there an ideal month/day/time to launch a campaign?

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