1. UOP QNT 561 Week 1 Assignment Statistics
Concepts and Descriptive Measures
Instructions
Financial Data NEW
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QNT 561 Week 1 Assignment Statistics Concepts
and Descriptive Measures Instructions (Financial
Data) NEW
2. 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
warmup on evaluating some basic descriptive
statistics using Excel® prior to the course start.
Assignment Steps
This assignment has an Excel dataset spreadsheet
attached.
■ P P A • ■
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.
3. • 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
V^AAAA/ nntRfi1median
• 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
4. Company Type Total Revenues
AFLAC 6 7251 Albertson's 4
14690 Allstate 6 20106
Amerada Hess 7 8340
American General 6 3362
American Stores 4 19139
Amoco 7 36287
Ashland 7 14319 Atlantic
Richfield 7 19272 Bausch &
Lomb 5 1916 Baxter
International 5 6138 Bristol-
Myers Squibb 5 16701
Burlington Coat 1 1777
Central Maine Power 3 954
Chevron 7 41950
5. CIGNA 6 14935
Cinergy 3 4353 Dayton
Hudson 1 27757
Dillard's 1 6817
Dominion Resources 3 7678
Dow Chemical 2 20018 DPL
3 1356
E. I. DuPont DeNemours 2 46653
Eastman Chemical 2 4678
www.Qi ii i rivM^i M i
iHni.com
Edison International 3 9235
Engelhard 2 3631
Entergy 3 9562
Equitable 6 9666
6. CIGNA 6 14935
Cinergy 3 4353 Dayton
Hudson 1 27757
Dillard's 1 6817
Dominion Resources 3 7678
Dow Chemical 2 20018 DPL
3 1356
E. I. DuPont DeNemours 2 46653
Eastman Chemical 2 4678
www.Qi ii i rivM^i M i
iHni.com
Edison International 3 9235
Engelhard 2 3631
Entergy 3 9562
Equitable 6 9666