statistics
Introduction:
Use the same scenario you submitted for the first assignment with modifications using your instructor’s feedback, if needed. Include Table 1: Variables Selected for the Analysis you used in Assignment #1 to show the variables you selected for analysis.
Table 1. Variables Selected for the Analysis
Variable Name in data set |
Description |
Type of Variable (Qualitative or Quantitative) |
Variable 1: “Income” |
Annual household income in USD. |
Quantitative |
Variable 2: |
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Variable 3: |
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Variable 4: |
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Variable 5: |
Data Set Description and Method Used for Analysis:
Results:
Variable 1: Income
Numerical Summary.
Table 2. Descriptive Analysis for Variable 1
Variable |
n |
Measure(s) of Central Tendency |
Measure(s) of Dispersion |
Variable: Income |
Median= |
SD = |
Graph and/or Table: Histogram of Income
(Place Histogram here)
Description of Findings.
Variable 2: (Fill in name of variable)
Numerical Summary.
Table 3. Descriptive Analysis for Variable 2
Variable |
n |
Measure(s) of Central Tendency |
Measure(s) of Dispersion |
Variable: |
Graph and/or Table.
(Place Graph or Table Here)
Description of Findings.
Variable 3: (Fill in name of variable)
Numerical Summary.
Table 4. Descriptive Analysis for Variable 3
Variable |
n |
Measure(s) of Central Tendency |
Measure(s) of Dispersion |
Variable: |
Graph and/or Table.
(Place Graph or Table Here)
Description of Findings.
Variable 4: (Fill in name of variable)
Numerical Summary.
Table 5. Descriptive Analysis for Variable 4
Variable |
N |
Mean/Median |
St. Dev. |
Variable 4: |
Graph and/or Table.
(Place Graph or Table Here)
Description of Findings.
Variable 5: (Fill in name of variable)
Numerical Summary.
Table 6. Descriptive Analysis for Variable 5
Variable |
n |
Measure(s) of Central Tendency |
Measure(s) of Dispersion |
Variable: |
Graph and/or Table.
(Place Graph or Table Here)
Description of Findings.
Discussion and Conclusion.
Briefly discuss each variable in the same sequence as presented in the results. What has the highest expenditure? What variable has the lowest expenditure? If you were to recommend a place to save money, which expenditure would it be and why? Note: The section should be no more than 2 paragraphs.