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STAT 200: Variables

STAT 200: Variables

Introduction:
Use the same scenario you submitted for the first assignment with modifications using your instructors 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
  
Variable   Name in data set

Description

Type of   Variable (Qualitative or Quantitative)
 
Variable 1:   Income

Annual household income in USD.

Quantitative
 
Variable 2: Marital Status

Martial Status as the Head of   Household

Qualitative 
 
Variable 3: Family Size

Total number of people in the house   to include adults and children

Quantitative
 
Variable 4: Annual Expenditures

Total amount of annual expenditures

Quantitative 
 
Variable 5: Age Head of Household

Age of Head of Household

Quantitative
Data Set Description and Method Used for Analysis:
Results:
Variable 1: Income
Numerical Summary.
Table 2. Descriptive Analysis for Variable 1
  
Variable

n

Measure(s) of Central Tendency

Measure(s) of Dispersion
 
Variable:   Income

Median=

SD = 
Graph and/or Table: Histogram of Income
(Place Histogram here)
Description of Findings.
Variable 2: (Fill in name of variable)
Numerical Summary.
Table 3. Descriptive Analysis for Variable 2
  
Variable

n

Measure(s) of Central Tendency

Measure(s) of Dispersion
 
Variable: 

Graph and/or Table.
(Place Graph or Table Here)
Description of Findings.
Variable 3: (Fill in name of variable)
Numerical Summary.
Table 4. Descriptive Analysis for Variable 3
  
Variable

n

Measure(s) of Central Tendency

Measure(s) of Dispersion
 
Variable: 

Graph and/or Table.
(Place Graph or Table Here)
Description of Findings.
Variable 4: (Fill in name of variable)
Numerical Summary. 
Table 5. Descriptive Analysis for Variable 4
  
Variable

N

Mean/Median

St. Dev.
 
Variable   4: 

Graph and/or Table.
(Place Graph or Table Here)
Description of Findings.
Variable 5: (Fill in name of variable)
Numerical Summary. 
Table 6. Descriptive Analysis for Variable 5
  
Variable

n

Measure(s) of Central Tendency

Measure(s) of Dispersion
 
Variable: 

Graph and/or Table.
(Place Graph or Table Here)
Description of Findings.
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.

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