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Discuss and evaluate the standard deviation and range

Assignment Help Finance Basics
Reference no: EM132458229

Purpose of Assignment

  • The purpose of this assignment to orient students to the key concepts in statistics. This assignment will introduce students to the language of statistics. Students will also get a chance to warm-up on evaluating some basic descriptive statistics using Excel prior to the course start.

 

Choose one of the following datasets to complete this assignment:

  1. Consumer Food
  2. Financial
  3. Hospital

Answer each of the following in a total of 90 words:

1. For each column, identify whether the data is qualitative or quantitative.

2. Identify the level of measurement for the data in each column.

3. For each column containing quantitative data:

4. Evaluate the mean and median

For each column containing quantitative data:

Question 1: Evaluate the standard deviation and range

Question 2: Interpret the standard deviation and range in plain non-technical terms

Attachment:- Statistics_Concepts_and_Descriptive.rar

Reference no: EM132458229

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