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Excel Project 2 for all Classes Due Feb 25 for Wednesday Classes and Feb 26 for Thursday Class

You have already received 10 points for identifying your data. You should now use that data or
something similar for Excel Project 2.

The other tabs are samples of how to represent your data. Histograms can represent numerical data
where it is meaningful to interpret the mean, variance and standard deviation


Pie Charts and Pareto Charts can be used to represent percentage data


Contingency Tables can be used to represent two variable data.


Once you have chosen your method to describe your data follow the information needed to achieve the
following 40 points. These are only samples. You may choose to represent your data differently.

Your goal is to present your raw data, describe the data, use some form of chart or picture to represent
your data and use the summary statistics in your conclusions.
Column1

Mean                1.37
Standard Error      0.02
Median              1.34
Mode               #N/A
Standard Deviation 0.11
Sample Variance     0.01
Kurtosis           -0.83
Skewness            0.48
Range               0.39
Minimum             1.19
Maximum             1.58
Sum               49.16
Count                 36
MS 1023 Name: Gideon Roberts                    ID Number: @01135781                                                  Sorted Data
                                                                                                                            1.1900
Step 1: Raw Data

                                                                                                                            1.2000
   The information presented here is the exchange rate between the Euro to the Dollar between the
                   timespan of January of 2006 and December of 2008 (3 years).
      2006                                                                                                                  1.2103
   Months 1-6                 1.2103        1.1938      1.2020      1.2271         1.2770       1.2650                      1.2271
   Months 7-12                1.2684        1.2811      1.2727      1.2611         1.2881       1.3213                      1.2611
      2007                                                                                                                  1.2650
   Months 1-6                 1.2999        1.3074      1.3242      1.3516         1.3511       1.3419                      1.2684
   Months 7-12                1.3716        1.3622      1.3896      1.4227         1.4684       1.4570                      1.2727
      2008                                                                                                                  1.2732
   Months 1-6                 1.4718        1.4748      1.5527      1.5751         1.5557       1.5553                      1.2770
   Months 7-12                1.5770        1.4975      1.4370      1.3322         1.2732       1.3449                      1.2811
                                                                                                                            1.2881
                                                                                                                            1.2999

                                                                                                                            1.3074
Step 2: Frequency
                                                                            Relative                    Cumulative
                                                   Class       Relative     Percent        Cumulative    Percent            1.3213
  Class Interval                 Frequency        Midpoint    Frequency    Frequency       Frequency    Frequency
1.15 ≤ 1.22                          3                          0.08           8%             3           8%
                                                  1.1850                                                                    1.3242
1.22 ≤ 1.30                          10            1.26         0.28          28%             13          36%               1.3322
1.30 ≤ 1.37                          9             1.34         0.25          25%             22          61%               1.3419
1.37 ≤ 1.45                          4             1.41         0.11          11%             26          72%               1.3449
1.45 ≤ 1.52                          5             1.49         0.14          14%             31          86%               1.3511
1.52 ≤ 1.60                          5             1.56         0.14          14%             36         100%               1.3516
                                                                                                                            1.3622
               totals                                                                                                       1.3716
                                     36                           1           100%
                                                                                                                            1.3896
Step 3: Create the histogram using the Class Interval and Frequency columns.                                                1.4227
                                                                                                                            1.4370
                                               Exchange Rate Euro-Dollar                                                    1.4570
                                                                                                                            1.4684
                 12
                                                                                                                            1.4718
                                                                                                                            1.4748
                 10
                                                                                                                            1.4975
                  8                                                                                                         1.5527
   Frequency




                                                                                                                            1.5553
                  6
                                                                                                                            1.5557
                                                                                                          Frequency
                                                                                                                            1.5751
                  4
                                                                                                                            1.5770
                  2

                  0
                                 1.22 ≤ 1.30           1.37 ≤ 1.45           1.52 ≤ 1.60
                      1.15 ≤ 1.22           1.30 ≤ 1.37           1.45 ≤ 1.52
                                              Exchange Rate Ranges
Step 4: Summary Statistics and Conclusion




   Sorted Data                   Column1

                 Mean                    1.37
                 Standard Error          0.02
                 Median                  1.34
                 Mode                   #N/A
                 Standard Deviation      0.11
                 Sample Variance         0.01
                 Kurtosis               -0.83
                 Skewness                0.48
                 Range                   0.39
                 Minimum                 1.19
                 Maximum                 1.58
                 Sum                    49.16
                 Count                     36


The information collected here is from http://www.statistics.dnb.nl/index.cgi?
lang=uk&todo=Koersen. This information is useful for identifying the trend of
exchange rates between the European Euro and United States Dollar over a
course of three years (three most recent years). The above sample is taken
from 36 exchange rates between the Euro and Dollar. The average exchange
rate (mean) throughout these three years has been calculated at 1.37
Dollars/Euro. All the sample numbers fall within two standard deviations below
the mean (approximately 1.14) and almost within two standard deviations above
the mean (approximately 1.57). It is interesting that after a steady rise in the
value of the Euro in comparison to the Dollar, the Euro's value fell continually for
five straight months (the last five months of 2008). Thus, it stands to reason that
by utilizing this information, an individual or organization can develop strategic
business tactics on how he, she, or they can plan operations appropriate for the
difference of exchange rates between the two nations.
MS 1023 Name:                                        ID Number:
Step 1: (10 points already awarded) Identify your data and provide a short
description of the data.

Where are Soft Drinks Sold?
Step 2: 10 points. Create the Pie Chart for your data
Places of Sales                      Percentages
Supermarket                              44
Fountain                                 24
Convenience stores                       16
Vending                                  11
Mass Merchandisers                        3
Drugstores                                2

                                             Where are Soft Drinks Sold
                                                             2% 3%
                                                                            11%



                                           44%
                                                                                   16%




                                                                      24%

                                Row 6       Row 7        Row 8        Row 9       Row 10   Row 11


Step 3: 10 points. Create a Pareto Chart for your data


                                            Where are Soft Drinks Sold
                 50
                          44
                 45
                 40
                 35
                 30
   Percentages




                                      24                                                            Column B
                 25
                                                                                                    Column C
                 20                                 16
                 15                                                                                 Column D
                                                                 11
                 10
                                                                              3            2
                  5
                  0
                                    Fountain              Vending            Drugstores
                      Supermarket         Convenience stores   Mass Merchandisers
                                                 Place of Sales


Step 4: 20 points. Provide a summary analysis of your data results.
The above data was taken from your text book. The collection of this data is useful to all soft drink
companies because it readily shows the distribution of sales across six different types of merchants.
Supermarkets are the largest distributor of sales at 44%, where fountain drinks are second at 24%.
Convenience store and vending machine sales contribute 16 and 11 percent respectively. Mass
merchandisers like Costco and Sams have only 3% of sales and drugstores only 2%. Since sixty-
eight percent of the product is sold in supermarkets and related fountain drinks companies realize
quickly that this product requires continuous monitoring to ensure quality. The remaining thirty-two
percent of the product can be monitored for quality at less regular time intervals. This data should be
collected quarterly by each manufacturer to ensure quality products are on the shelves and older
merchandise




         1 reference
         2 describe the question of interest
         3 use summary statistics
         4 conclusion
MS 1023 Name:                                        ID Number:
Step 1: (10 points already awarded) Identify your data and provide a short
description of the data.

We found data about mortality rates for persons wearing and not wearing a seat
belt.
Step 2: 10 points. Create the Raw Data Value Matrix for your data

                      Raw Data Value Matrix
                       Survived    Died
                          S          D       total
              Yes      412368       510     412878
Wearing a
Seat Belt      No      162527      1601     164128
              total    574895      2111     577006

Step 3: 10 points. Create the Probability Data Value Matrix for your data

                    Probability Data Value Matrix
                        Survived      Died
                            S           D         total
              Yes        0.7147      0.0009     0.7156
Wearing a
Seat Belt      No        0.2817      0.0028     0.2844
              total      0.9963      0.0037     1.0000

Step 4: 20 points. Provide a summary analysis of your data results.
The above information was taken from your text book. This information is researched because many
times we find ourselves wondering what the probabilities are of surviving an accident given that the
person was wearing a seat belt. The above data was collected on 577,006 persons. The raw data
value matrix shows that 412,878 persons , 72 %, were wearing a seat belt and 164,128, or 28% of the
people were not wearing a seat belt at the time of an accident. The raw data matrix also shows that
574, 895 , 99.6 %, of the people survived and 2,111 persons , less than 1 %, did not survive an
accident.

You should continue with conclusions based on P (S), P (D), P(SUD), P(S|D) and so forth.




         1 reference
         2 describe the question of interest
         3 use summary statistics
         4 conclusion

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Excel Statistics Euro Dollar

  • 1. Excel Project 2 for all Classes Due Feb 25 for Wednesday Classes and Feb 26 for Thursday Class You have already received 10 points for identifying your data. You should now use that data or something similar for Excel Project 2. The other tabs are samples of how to represent your data. Histograms can represent numerical data where it is meaningful to interpret the mean, variance and standard deviation Pie Charts and Pareto Charts can be used to represent percentage data Contingency Tables can be used to represent two variable data. Once you have chosen your method to describe your data follow the information needed to achieve the following 40 points. These are only samples. You may choose to represent your data differently. Your goal is to present your raw data, describe the data, use some form of chart or picture to represent your data and use the summary statistics in your conclusions.
  • 2. Column1 Mean 1.37 Standard Error 0.02 Median 1.34 Mode #N/A Standard Deviation 0.11 Sample Variance 0.01 Kurtosis -0.83 Skewness 0.48 Range 0.39 Minimum 1.19 Maximum 1.58 Sum 49.16 Count 36
  • 3. MS 1023 Name: Gideon Roberts ID Number: @01135781 Sorted Data 1.1900 Step 1: Raw Data 1.2000 The information presented here is the exchange rate between the Euro to the Dollar between the timespan of January of 2006 and December of 2008 (3 years). 2006 1.2103 Months 1-6 1.2103 1.1938 1.2020 1.2271 1.2770 1.2650 1.2271 Months 7-12 1.2684 1.2811 1.2727 1.2611 1.2881 1.3213 1.2611 2007 1.2650 Months 1-6 1.2999 1.3074 1.3242 1.3516 1.3511 1.3419 1.2684 Months 7-12 1.3716 1.3622 1.3896 1.4227 1.4684 1.4570 1.2727 2008 1.2732 Months 1-6 1.4718 1.4748 1.5527 1.5751 1.5557 1.5553 1.2770 Months 7-12 1.5770 1.4975 1.4370 1.3322 1.2732 1.3449 1.2811 1.2881 1.2999 1.3074 Step 2: Frequency Relative Cumulative Class Relative Percent Cumulative Percent 1.3213 Class Interval Frequency Midpoint Frequency Frequency Frequency Frequency 1.15 ≤ 1.22 3 0.08 8% 3 8% 1.1850 1.3242 1.22 ≤ 1.30 10 1.26 0.28 28% 13 36% 1.3322 1.30 ≤ 1.37 9 1.34 0.25 25% 22 61% 1.3419 1.37 ≤ 1.45 4 1.41 0.11 11% 26 72% 1.3449 1.45 ≤ 1.52 5 1.49 0.14 14% 31 86% 1.3511 1.52 ≤ 1.60 5 1.56 0.14 14% 36 100% 1.3516 1.3622 totals 1.3716 36 1 100% 1.3896 Step 3: Create the histogram using the Class Interval and Frequency columns. 1.4227 1.4370 Exchange Rate Euro-Dollar 1.4570 1.4684 12 1.4718 1.4748 10 1.4975 8 1.5527 Frequency 1.5553 6 1.5557 Frequency 1.5751 4 1.5770 2 0 1.22 ≤ 1.30 1.37 ≤ 1.45 1.52 ≤ 1.60 1.15 ≤ 1.22 1.30 ≤ 1.37 1.45 ≤ 1.52 Exchange Rate Ranges
  • 4. Step 4: Summary Statistics and Conclusion Sorted Data Column1 Mean 1.37 Standard Error 0.02 Median 1.34 Mode #N/A Standard Deviation 0.11 Sample Variance 0.01 Kurtosis -0.83 Skewness 0.48 Range 0.39 Minimum 1.19 Maximum 1.58 Sum 49.16 Count 36 The information collected here is from http://www.statistics.dnb.nl/index.cgi? lang=uk&todo=Koersen. This information is useful for identifying the trend of exchange rates between the European Euro and United States Dollar over a course of three years (three most recent years). The above sample is taken from 36 exchange rates between the Euro and Dollar. The average exchange rate (mean) throughout these three years has been calculated at 1.37 Dollars/Euro. All the sample numbers fall within two standard deviations below the mean (approximately 1.14) and almost within two standard deviations above the mean (approximately 1.57). It is interesting that after a steady rise in the value of the Euro in comparison to the Dollar, the Euro's value fell continually for five straight months (the last five months of 2008). Thus, it stands to reason that by utilizing this information, an individual or organization can develop strategic business tactics on how he, she, or they can plan operations appropriate for the difference of exchange rates between the two nations.
  • 5. MS 1023 Name: ID Number: Step 1: (10 points already awarded) Identify your data and provide a short description of the data. Where are Soft Drinks Sold? Step 2: 10 points. Create the Pie Chart for your data Places of Sales Percentages Supermarket 44 Fountain 24 Convenience stores 16 Vending 11 Mass Merchandisers 3 Drugstores 2 Where are Soft Drinks Sold 2% 3% 11% 44% 16% 24% Row 6 Row 7 Row 8 Row 9 Row 10 Row 11 Step 3: 10 points. Create a Pareto Chart for your data Where are Soft Drinks Sold 50 44 45 40 35 30 Percentages 24 Column B 25 Column C 20 16 15 Column D 11 10 3 2 5 0 Fountain Vending Drugstores Supermarket Convenience stores Mass Merchandisers Place of Sales Step 4: 20 points. Provide a summary analysis of your data results.
  • 6. The above data was taken from your text book. The collection of this data is useful to all soft drink companies because it readily shows the distribution of sales across six different types of merchants. Supermarkets are the largest distributor of sales at 44%, where fountain drinks are second at 24%. Convenience store and vending machine sales contribute 16 and 11 percent respectively. Mass merchandisers like Costco and Sams have only 3% of sales and drugstores only 2%. Since sixty- eight percent of the product is sold in supermarkets and related fountain drinks companies realize quickly that this product requires continuous monitoring to ensure quality. The remaining thirty-two percent of the product can be monitored for quality at less regular time intervals. This data should be collected quarterly by each manufacturer to ensure quality products are on the shelves and older merchandise 1 reference 2 describe the question of interest 3 use summary statistics 4 conclusion
  • 7. MS 1023 Name: ID Number: Step 1: (10 points already awarded) Identify your data and provide a short description of the data. We found data about mortality rates for persons wearing and not wearing a seat belt. Step 2: 10 points. Create the Raw Data Value Matrix for your data Raw Data Value Matrix Survived Died S D total Yes 412368 510 412878 Wearing a Seat Belt No 162527 1601 164128 total 574895 2111 577006 Step 3: 10 points. Create the Probability Data Value Matrix for your data Probability Data Value Matrix Survived Died S D total Yes 0.7147 0.0009 0.7156 Wearing a Seat Belt No 0.2817 0.0028 0.2844 total 0.9963 0.0037 1.0000 Step 4: 20 points. Provide a summary analysis of your data results. The above information was taken from your text book. This information is researched because many times we find ourselves wondering what the probabilities are of surviving an accident given that the person was wearing a seat belt. The above data was collected on 577,006 persons. The raw data value matrix shows that 412,878 persons , 72 %, were wearing a seat belt and 164,128, or 28% of the people were not wearing a seat belt at the time of an accident. The raw data matrix also shows that 574, 895 , 99.6 %, of the people survived and 2,111 persons , less than 1 %, did not survive an accident. You should continue with conclusions based on P (S), P (D), P(SUD), P(S|D) and so forth. 1 reference 2 describe the question of interest 3 use summary statistics 4 conclusion