Purpose of Assignment

The purpose of this assignment to orient students to the key concepts in statistics. This assignment will introduce students to the language of statistics. Students will also get a chance to warm-up on evaluating some basic descriptive statistics using Excel^{®} prior to the course start.

Assignment Steps

This assignment has an Excel dataset spreadsheet attached.

Resource: Microsoft Excel, Statistics Concepts and Descriptive Measures Data Set

Download the Statistics Concepts and Descriptive Measures Data Set.

Choose:

- Financial

Answer each of the following in a total of 90 words:

- For each column, identify whether the data is qualitative or quantitative.
- Identify the level of measurement for the data in each column.
- For each column containing quantitative data:
- Evaluate the mean and median
- Interpret the mean and median in plain non-technical terms
- Use the Excel =AVERAGE function to find the mean
- Use the Excel =MEDIAN function to find the median

- For each column containing quantitative data:
- Evaluate the standard deviation and range
- Interpret the standard deviation and range in plain non-technical terms
- Use the Excel =STDEV.S function to find the standard deviation
- For range (maximum value minus the minimum value), find the maximum value using the Excel =MAX function and find the minimum value using the Excel's =MIN function

Purpose of Assignment

The purpose of this assignment to orient students to the key concepts in statistics. This assignment will introduce students to the language of statistics. Students will also get a chance to warm-up on evaluating some basic descriptive statistics using Excel^{®} prior to the course start.

Assignment Steps

This assignment has an Excel dataset spreadsheet attached.

Resource: Microsoft Excel, Statistics Concepts and Descriptive Measures Data Set

Download the Statistics Concepts and Descriptive Measures Data Set.

Choose:

- Financial

Answer each of the following in a total of 90 words:

- For each column, identify whether the data is qualitative or quantitative.
- Identify the level of measurement for the data in each column.
- For each column containing quantitative data:
- Evaluate the mean and median
- Interpret the mean and median in plain non-technical terms
- Use the Excel =AVERAGE function to find the mean
- Use the Excel =MEDIAN function to find the median

- For each column containing quantitative data:
- Evaluate the standard deviation and range
- Interpret the standard deviation and range in plain non-technical terms
- Use the Excel =STDEV.S function to find the standard deviation
- For range (maximum value minus the minimum value), find the maximum value using the Excel =MAX function and find the minimum value using the Excel's =MIN function

Purpose of Assignment

The purpose of this assignment to orient students to the key concepts in statistics. This assignment will introduce students to the language of statistics. Students will also get a chance to warm-up on evaluating some basic descriptive statistics using Excel^{®} prior to the course start.

Assignment Steps

This assignment has an Excel dataset spreadsheet attached.

Resource: Microsoft Excel, Statistics Concepts and Descriptive Measures Data Set

Download the Statistics Concepts and Descriptive Measures Data Set.

Choose:

- Financial

Answer each of the following in a total of 90 words:

- For each column, identify whether the data is qualitative or quantitative.
- Identify the level of measurement for the data in each column.
- For each column containing quantitative data:
- Evaluate the mean and median
- Interpret the mean and median in plain non-technical terms
- Use the Excel =AVERAGE function to find the mean
- Use the Excel =MEDIAN function to find the median

- For each column containing quantitative data:
- Evaluate the standard deviation and range
- Interpret the standard deviation and range in plain non-technical terms
- Use the Excel =STDEV.S function to find the standard deviation
- For range (maximum value minus the minimum value), find the maximum value using the Excel =MAX function and find the minimum value using the Excel's =MIN function

Purpose of Assignment

Purpose of Assignment

^{®} prior to the course start.

^{®}

Assignment Steps

Assignment Steps

This assignment has an Excel dataset spreadsheet attached.

Resource: Microsoft Excel, Statistics Concepts and Descriptive Measures Data Set

Resource:

Download the Statistics Concepts and Descriptive Measures Data Set.

Download

Choose:

Choose:

- Financial

Answer each of the following in a total of 90 words:

Answer

- For each column, identify whether the data is qualitative or quantitative.
- Identify the level of measurement for the data in each column.
- For each column containing quantitative data:
- Evaluate the mean and median
- Interpret the mean and median in plain non-technical terms
- Use the Excel =AVERAGE function to find the mean
- Use the Excel =MEDIAN function to find the median

- For each column containing quantitative data:
- Evaluate the standard deviation and range
- Interpret the standard deviation and range in plain non-technical terms
- Use the Excel =STDEV.S function to find the standard deviation

- Evaluate the mean and median
- Interpret the mean and median in plain non-technical terms
- Use the Excel =AVERAGE function to find the mean
- Use the Excel =MEDIAN function to find the median

- Evaluate the mean and median
- Interpret the mean and median in plain non-technical terms
- Use the Excel =AVERAGE function to find the mean
- Use the Excel =MEDIAN function to find the median

- Evaluate the standard deviation and range
- Interpret the standard deviation and range in plain non-technical terms
- Use the Excel =STDEV.S function to find the standard deviation

- Evaluate the standard deviation and range
- Interpret the standard deviation and range in plain non-technical terms
- Use the Excel =STDEV.S function to find the standard deviation