Reference no: EM132111567

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

Table 2. Descriptive Analysis for Variable 1

Table 3. Descriptive Analysis for Variable 2

Table 4. Descriptive Analysis for Variable 3

Table 5. Descriptive Analysis for Variable 4

Table 6. Descriptive Analysis for Variable 5

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.

Description of Dataset:

The data is a random sample from the US Department of Labor's 2016 Consumer Expenditure Surveys (CE) and provides information about the composition of households and their annual expenditures. It contains information from30 households, where a survey responder provided the requested information; it is all self-reported information. This dataset containsfour socioeconomic variables (whose names start with SE) and four expenditure variables (whose names start with USD).

Attachment:- Assignment Descriptive Statistics.rar