Stat 200

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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: “Marital Status”


Martial Status as the Head of   Household


Qualitative 

 

Variable 3: “Family Size”


Total number of people in the house   to include adults and children


Quantitative

 

Variable 4: “Annual Expenditures”


Total amount of annual expenditures


Quantitative 

 

Variable 5: “Age Head of Household”


Age of Head of Household


Quantitative

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.

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