Develop appropriate descriptive statistics to summarize data


Case Problem: Young Professional Magazine (p. 324)

Use Data File: Professional.xlsx (attached below)

As a new employee of the magazine, you have been asked to help analyze the survey results of their target audience. Prepare a managerial report summarizing the results of the survey. In addition to statistical summaries, discuss how the magazine might use these results to attract advertisers.

I am looking for the interpretation of the data, not simply the regurgitation of results. Please address the following:

• Develop appropriate descriptive statistics to summarize the data.

• Develop 95% confidence intervals for the mean age and household income of the subscribers.

• Develop 95% confidence intervals for the proportion of the subscribers who have broadband access at home and the proportion of of subscribers who have children.

• Would Young Professional be a good advertising outlet for online brokers? Justify your conclusion with statistical data.

• Would this magazine be a good place to advertise for companies selling educational software and computer games for young children?

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Attachment:- Professional.rar

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Basic Computer Science: Develop appropriate descriptive statistics to summarize data
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