Gm533 Project Part a

1229 Words5 Pages
PROJECT PART A Exploratory Data Analysis Keller Graduate School of Management GM533: Managerial Statistics (Downers Grove, IL) Table of Contents I. Introduction & Overview .................................................................................................... 3 II. Individual Variables............................................................................................................. 4 Variable: Location................................................................................................................ 4 Variable: Income.................................................................................................................. 4 Variable: Credit Balance…show more content…
This boxplot displays this information in a graphical format. The box represents the lower quartile of $30,250 (25% of incomes are less than this value), the median of $42,000, and the upper quartile of $54,750 (25% of incomes are greater than this value). Sample Size | 50 | Mean | $3,964.06 | Sample Standard Deviation | $924.11 | Minimum | $1,864.00 | Maximum | $5,678.00 | Range | $3,814.00 | | | 1st quartile | $3,130.50 | Median | $4,090.00 | 3rd quartile | $4,732.75 | Interquartile range | $1,602.25 | Mode | $3,890.00 | Sample Size | 50 | Mean | $3,964.06 | Sample Standard Deviation | $924.11 | Minimum | $1,864.00 | Maximum | $5,678.00 | Range | $3,814.00 | | | 1st quartile | $3,130.50 | Median | $4,090.00 | 3rd quartile | $4,732.75 | Interquartile range | $1,602.25 | Mode | $3,890.00 | Variable: Credit Balance The average (mean) credit balance of AJ Davis’ customer is $3,964.06, the largest credit balance is $5,678 and smallest at $1,864, resulting in a range of $3,814. The standard deviation is $924.11. This represents that in the aggregated comparison of credit balances of AJ Davis customers (in the sample set) a relatively small variation exists from the mean of $3,964.06. The median credit balance is $4,090.00, the median often provides a clearer picture of the overall

    More about Gm533 Project Part a

      Open Document