Introduction
I am 43 years old and married with three children. My income is $98,000 annually. The variables included: SE- Income, SE – Marital status, SE family size, and USD food.
Variable/Data Set
Description
Variable Type
Variable 1 “Income”
Annual Income (USD)
Quantitative
Variable 2
“Age”
Head of Household Age
Qualitative
Variable 3
“Size of family”
No. of people in household
Quantitative
Income is necessary for basic needs for the survival of the family.
Numerical Summary
For income, the median is the measure of central tendency, the variable is quantitative. If any outliers or if the data is not distributed normally, the median is the best measure for central tendency.
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Measures of Central Tendency: Mean, Median and Mode
IntroductionI am 43 years old and married with three childre.docx
1. Introduction
I am 43 years old and married with three children. My income is
$98,000 annually. The variables included: SE- Income, SE –
Marital status, SE family size, and USD food.
Variable/Data Set
Description
Variable Type
Variable 1 “Income”
Annual Income (USD)
Quantitative
Variable 2
“Age”
2. Head of Household Age
Qualitative
Variable 3
“Size of family”
No. of people in household
Quantitative
Income is necessary for basic needs for the survival of the
family.
Numerical Summary
For income, the median is the measure of central tendency, the
variable is quantitative. If any outliers or if the data is not
distributed normally, the median is the best measure for central
tendency.
