Inferential statistics and analytics- project phase 1
Begin Phase 1 of your analysis by including the following information:
1. Introduce your scenario and data set.
o Provide a brief overview of the scenario you are given above and the data set that you will be analyzing.
o Classify the variables in your data set.
- Which variables are quantitative/qualitative?
- Which variables are discrete/continuous?
- Describe the level of measurement for each variable included in your data set.
2. Discuss the importance of the Measures of Center and the Measures of Variation.
o What are the measures of center and why are they important?
o What are the measures of variation and why are they important?
3. Calculate the measures of center and measures of variation. Interpret your results in context of the selected topic.
o Mean
o Median
o Mode
o Midrange
o Range
o Variance
o Standard Deviation
4. Conclusion
o Recap your ideas by summarizing the information presented.