Reference no: EM132352315
Assignment: 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.
Assignment Steps
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 your Excel spreadsheet:
• For each column, identify whether the data is qualitative or quantitative.
• For each column, Identify the level of measurement for the data.
• For each column containing quantitative data:
• Evaluate the mean and median as described below
• Use the Excel =AVERAGE function to find the mean
• Use the Excel =MEDIAN function to find the median
• Interpret the mean and median in plain non-technical terms in a total of 90 words
• For each column containing quantitative data:
• Evaluate the standard deviation and range as described below
• 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
• Interpret the standard deviation and range in plain non-technical terms in a total of 90 words
Submit your assignment as the completed Excel spreadsheet. There is no total word count limit for this assignment. Do not submit a Microsoft Word document.
Materials: • Statistics Concepts and Descriptive Measures Grading Guide
• Statistics Concepts and Descriptive Measures Data Set