Billboard The Hot 100 Chart Analysis
The Hot 100 Chart from Billboard.com
Billboard.com is one of the most authoritative source in music industry. It is an American entertainment media brand owned by Prometheus Global Media. It publishes pieces involving news, video, opinion, reviews, events and style. It is also known for its music charts, including the Billboard Hot 100 and Billboard 200, tracking the most popular singles and albums in different genres. It also hosts events, owns a publishing firm, and operates several TV shows. Billboard was founded in 1894 by William Donaldson and James Hennegan as a trade publication for bill posters. Donaldson later acquired Hennegen's interest in 1900 for $500.
his week's most popular songs across all genres, ranked by radio airplay audience impressions as measured by Nielsen Music, sales data as compiled by Nielsen Music and streaming activity data provided by online music sources.
- Analyze the correlation between songs’ peak position and weeks on the Hot 100 chart
- Making prediction on how long a song can last on the list by giving peak position
The Hot 100 Chart from the week of november 19, 2016
Including six variables: song, artist, current week, peak position, last week, weeks on chart
Simple Linear Regression
- Assumptions & Diagnostics
- Residuals vs leverage
Adele's song on chart. Peak position vs. weeks on chart.
Goodness of our model
- Residual standard error: 7.633
- Multiplle R-squared: 0.4088
- Adjusted R-squared: 0.4028