logo Use SA10RAM to get 10%* Discount.
Order Now logo

Ask This Question To Be Solved By Our ExpertsGet A+ Grade Solution Guaranteed

expert
Alex WarddEconomics
(5/5)

801 Answers

Hire Me
expert
William DewarrEngineering
(5/5)

799 Answers

Hire Me
expert
Himani KhatterStatistics
(/5)

605 Answers

Hire Me
expert
StatAnalytica ExpertStatistics
(5/5)

807 Answers

Hire Me
Others
(5/5)

Calculate the mean, standard deviation, skew, 5-number summary, and interquartile range (IQR) for each of the variables.

INSTRUCTIONS TO CANDIDATES
ANSWER ALL QUESTIONS

Assignment Content

Review the Wk 2 - Apply: Statistical Report assignment.

In preparation for writing your report to senior management next week, conduct the following descriptive statistics analyses with Microsoft Excel®. Answer the questions below in your Microsoft® Excel® sheet or in a separate Microsoft® Word document:

⚫ Insert a new column in the database that corresponds to "Annual Sales." Annual Sales is the result of multiplying a restaurant's "SqFt." by "Sales/SqFt."

.

⚫ Calculate the mean, standard deviation, skew, 5-number summary, and interquartile range (IQR) for each of the variables.

.

• Create a box-plot for the "Annual Sales" variable. Does it look symmetric? Would you prefer the IQR instead of the standard deviation to describe this variable's dispersion? Why?

• Create a histogram for the "Sales/SqFt" variable. Is the distribution symmetric? If not, what is the skew? Are there any outliers? If so, which one(s)? What is the "SqFt" area of the outlier(s)? Is the outlier(s) smaller or larger than the

.

average restaurant in the database? What can you conclude from this observation?

• What measure of central tendency is more appropriate to describe "Sales/SqFt"? Why?

(5/5)
Attachments:

Related Questions

. The fundamental operations of create, read, update, and delete (CRUD) in either Python or Java

CS 340 Milestone One Guidelines and Rubric  Overview: For this assignment, you will implement the fundamental operations of create, read, update,

. Develop a program to emulate a purchase transaction at a retail store. This  program will have two classes, a LineItem class and a Transaction class

Retail Transaction Programming Project  Project Requirements:  Develop a program to emulate a purchase transaction at a retail store. This

. The following program contains five errors. Identify the errors and fix them

7COM1028   Secure Systems Programming   Referral Coursework: Secure

. Accepts the following from a user: Item Name Item Quantity Item Price Allows the user to create a file to store the sales receipt contents

Create a GUI program that:Accepts the following from a user:Item NameItem QuantityItem PriceAllows the user to create a file to store the sales receip

. The final project will encompass developing a web service using a software stack and implementing an industry-standard interface. Regardless of whether you choose to pursue application development goals as a pure developer or as a software engineer

CS 340 Final Project Guidelines and Rubric  Overview The final project will encompass developing a web service using a software stack and impleme

Get Free Quote!

345 Experts Online