Module 2 Critical Thinking MTH156-3

.doc

School

Colorado State University, Global Campus *

*We aren’t endorsed by this school

Course

156

Subject

Statistics

Date

Jan 9, 2024

Type

doc

Pages

4

Uploaded by CaptainSummer5425

Report
Springdale Shopping Survey Colorado State University Global MTH156-3: Introduction to Statistics Dr. Rudilee Gabel January 1 st , 2023 1
2 Springdale Shopping Survey The survey performed by the shoppers in Springdale was very insightful. With special focus on eight different variables, it was very easy to determine some of the most important aspects to the average shopper’s experience. The variables that were focused on paid attention to the importance of the effortlessness of returning or exchanging goods, the high quality of goods for sale, low prices, the variety of sizes and styles, the helpfulness and friendliness of sales staff, convenient shopping hours, the cleanliness of stores and surroundings, and having a lot of bargain sales. These different variables were rated by shoppers on a scale of one to seven, one being the least important and seven being the most important. Taking these results and further analyzing them allows for a better understanding of the average preference, and what is most important to the shoppers in the Springdale area. By understanding what shoppers are looking for in their experience, the Springdale shopping centers can adjust their environment as such. What is Most Valuable to Shoppers? Focusing on the eight different categories provides a more in depth response of what shoppers want and prefer through their shopping experience. There are a lot of different ways to analyze these numbers, but some of the most effective computations we can derive are the average, the mode, and the third quartile. These sets of data help to reflect the average response from participants, the rating that appears the most and what rating is reflected the most often within the data set. The descriptive statistics for each variable differ slightly, which is what helps to understand the importance of each variable and what is most essential to each shopper’s experience. The descriptive statistics for each variable in this data set are different, but only slightly. According to Florida School Leaders (n.d.), statistical methods are used to summarize and describe a set of data. By looking at the different computations from the survey data, we can assume that some of these variables are less important to Springdale shoppers than others. For
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help