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SYM-506 Applied Business Probability and Statistics - Grand Canyon University
Descriptive Statistics
Conduct an analysis of your project data. Prepare the items below based on the data from two of the variables in the data collection instrument.
Question 1. Determine the mean, median, and mode for each of the variables.
Question 2. What is the variance for each set of data for each of the variables, what is the standard deviation for each of the variables?
Question 3. What is the probability that each event occurs in each of the two variables.
Create an individual Excel document for each of the required items. Be sure to show your work.
APA format is not required.
Attachment:- descriptive statistics.rar
Verified Expert
This task provides a clear working example on measures of central tendency, dispersion and probability values.The mean, median and mode was used to calculate the central tendency measures for retention rate and graduation rates of students. While the variance and standard deviation was calculated for the same sample taken into consideration.
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