Babson College – F.W. Olin Graduate School of Business
Masters in the Sciences of Management – QTM 6100
Learning Group 4: Vaishnavi Gaddam, Philip Zaccarelli, Zhongzheng Yin, Mauricio Barrera
Case Report: Survival in the Titanic
Executive Summary: The study utilized twelve variables to provide insights into the sinking of the Titanic. More specifically, the data allowed the study to contextualize and interpret the characteristics of the passengers who survived the accident, as well as the characteristics of the passengers who did not survive. After analyzing the data, it appears as if class and gender were the leading determiners (in that order) in whether or not one lived. Therefore in general, the higher the class a passenger was staying in, led to an increase in their survival rate. Furthermore, if the passenger was a woman, then her odds for survival increased. In addition to class and gender, there were multiple secondary variables. These variables added a small amount of significance to determining the survival of a passenger. The secondary variables were number of siblings/spouse onboard and age. When combining the leading variables with number of siblings/spouses and age the data shows that the segments of women in first class, children in first class, women in second class, and children in second class all had a very high chance of survival. The other segments (men in all classes, women in third class, and children in third class) all unfortunately had significantly lower odds. As for the majority of the other variables, they did not pose significant value in telling the story.
1) Introduction
It was a calm April night, as the RMS Titanic glided across the North Atlantic Ocean. The monumental ocean liner was embarking on its first voyage, traveling from Southampton, UK to New York City. The ship had been in route for four days, when at approximately 11:40 pm the Titanic collided with an iceberg. The ship had been viewed as “larger than life,”...