Statistics Concepts and Descriptive Measures very simple

Statistics Concepts and Descriptive Measures very simple

NO PLAGIARISM, MUST BE ORIGINAL WORK

THIS IS A 2 PART ASSIGNMENT THAT REQUIRES CALCULATIONS TO BE DONE ON EXCEL AND A LITTLE WRITING ON EITHER EXCEL OR WORD. WHICH EVER IS FINE.

ALL WORK MUST BE SHOWN WITH FORMULAS IN THE COLUMNS. ANSWERS ALONE ARE NOT SUFFICIENT

ANY REFERENCES USED BE SURE CITE PROPERLY AND ALL REFERENCES MUST BE LISTED IN APA FORMAT.

FOLLOW ALL GUIDLINES AND MEET ALL WORD COUND FOR EACH INDIVISUAL ANSWER

This assignment has an Excel® dataset spreadsheet attached. You will be required to only do one of the three datasets.

Resource: Microsoft Excel®, Statistics Concepts and Descriptive Measures Data Set

Download the Statistics Concepts and Descriptive Measures Data Set.

Choose one of the following datasets to complete this assignment:

Consumer Food
Financial
Hospital
Answer each of the following in a total of 90 words:

For each column, identify whether the data is qualitative or quantitative.
Identify the level of measurement for the data in each column.
For each column containing quantitative data:
Evaluate the mean and median
Interpret the mean and median in plain non-technical terms
Use the Excel =AVERAGE function to find the mean
Use the Excel =MEDIAN function to find the median
For each column containing quantitative data:
Evaluate the standard deviation and range
Interpret the standard deviation and range in plain non-technical terms
Use the Excel =STDEV.S function to find the standard deviation
For range (maximum value minus the minimum value), find the maximum value using the Excel =MAX function and find the minimum value using the Excel’s =MIN function

Solution Preview

1. From the given financial dataset, we have one qualitative variable which happens to be “type, ” i.e., it is termed as a qualitative variable since it has attributes that cannot be measured numerically but can be put into various categories (this variable has been classified). The quantitative variables in this data set are as follows; “Total Revenues,” “Total Assets,” “Return on Equity,”

(682 words)