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- 1. Statistics Concepts and Descriptive Measures Grading Guide <QNT/561 Version 9> 2 Statistics Concepts and Descriptive Measures Grading Guide QNT/561 Version 9 Applied Business Research and Statistics Copyright Copyright © 2017, 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2008 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Individual Assignment: Statistics Concepts and Descriptive MeasuresPurpose of Assignment The purpose of this assignment to orient students to the key
- 2. 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.Resources Required · Microsoft Excel® · Statistics Concepts and Descriptive Measures Data SetGrading Guide Content Met Partially Met Not Met Comments: This assignment has an Excel® dataset spreadsheet attached. Students will be required to do one of the three datasets only and submit. Download the Consumer Food, Financial, or Hospital Excel® Data Set. Note: you have to work on only ONE dataset and not ALL. Answer each of the following in a total 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
- 3. · 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 Total Available Total Earned 85 #/85 Writing Guidelines Met Partially Met Not Met Comments: The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements.
- 4. Intellectual property is recognized with in-text citations and a reference page. Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. Sentences are complete, clear, and concise. Rules of grammar and usage are followed including spelling and punctuation. Total Available Total Earned 35 #/35 Assignment Total #
- 5. 120 #/120 Additional comments: Consumer FoodAnnual Food Spending ($)Annual Household Income ($)Non mortgage household debt ($)Region: 1 = NE 2 = MW 3 = S 4 = WLocation: 1 = Metro 2 = Outside Metro890956697231801156843594570521110706526871614911 14112740412183911138556318218866111561979064218991126 94259818774119127574241576611135147204527685116314380 46854511762252408280571143224140569981138052968448061 16674492461359211734741491408811291126703158761180264 87531671411856755555167831110345714832140711869450980 19114118821464037817118678519271441511143318476917295 11961959062166871192865795214161118206583551953811164 08816941518711127576952214651111774096132011773957796 22057111538388276189611457932264797911116796592801112 87769924273301116232911089876119621540701990811817147 23817819111212877427313401186425980549631112400603346 63211918554114185931278624068015202129775582631486126 77152008217131230593964312179121321170309132211274084 64505602121158176140338741214233808331147812335231899 27621226302164726631290936592411355121265265923513212 95596281112613126112423353149121043165134151961212630 64621214331245783655355021295516291011376121026270727 13287129551576341185721101435654916136218955596621162 72110197573501843221112345644710871219320611360219089 51526490221123007997917270211148466733151452111215753 59156112172044079589752155793912865762111723754821250 82193536399802177614584566712142613822385762198306678 71178211238677852936218673558251416721109445702290182 19910642631276821992875881174232142643434321323217971
- 7. FinancialCompanyTypeTotal RevenuesTotal AssetsReturn on EquityEarnings per ShareAverage YieldDividends per ShareAverage P/E RatioAFLAC672512945417.12.080.90.2211.5Albertson's414690 521921.42.081.60.6319Allstate6201068091820.13.5610.3610.6 Amerada Hess7834079350.20.081.10.6698.3American General63362806207.12.1931.421.2American Stores419139853612.21.011.40.3423.5Amoco7362873248916.7 2.763.11.416.1Arco Chemical2399541166.21.146.12.840.4Ashland71431977779.53. 82.31.112.4Atlantic Richfield7192722532221.85.413.82.833.8Bausch & Lomb51916277360.892.61.042.6Baxter International56138870711.51.062.31.1347.2Bristol-Myers Squibb5167011497744.43.1421.5224.1Burlington Coat1177777512.31.180.10.0212.9Central Maine Power395422992.40.167.80.979.6Chevron7419503547318.64.95 32.2815.2CIGNA61493510819913.74.8821.111.4Cinergy343538 85813.31.595.11.822.4Dayton Hudson12775714191181.71.20.3316.2Dillard's1681755929.22.3 10.40.1615.7Dominion Resources37678201937.92.156.82.5817.7Dow Chemical2200182404023.67.73.63.2411.6DPL31356358513.91. 25.30.9114.3E. I. DuPont DeNemours2466534294221.32.082.11.2327.9Eastman Chemical24678577816.33.6331.7616Edison International392352510112.31.734.2113.6Engelhard2363125866 .10.331.90.3861.8Entergy39562270014.21.036.91.825.4Equitabl e6966615143812.32.860.50.213.4Ethyl71064106753.60.715.60. 512.6Exxon71372429606419.43.372.81.6317.1FPL Group363691244912.23.573.71.9214.4The GAP16508333833.71.30.70.222Georgia Gulf29666132282.391.10.3211.8GIANT Food4423115227.91.182.40.7826.9A & P41026229956.91.661.20.3517.8Great Lakes Chemicals2131122705.51.191.30.6240.5Green Mountain Power
- 8. Company31793268.31.577.31.6114Hannaford Bros.4322612279.91.41.50.5426.6Hercules218662411473.182.2 114.5Houston Industries368731841581.666.61.513.7Jefferson- Pilot625782313114.53.472.31.0413.3Johnson & Johnson5226292145326.72.411.50.8524.1Liberty6660318511.13 .341.80.7712.7The Limited19189430110.60.792.30.4826.7Lincoln National64899771750.40.213.11.96300.2Lubrizol216741462192 .662.61.0114.5Lyondell Petrochemical73010155946.23.583.90.96.4Mallinkrodt5186829 8814.82.471.70.6616May Department Stores112685993020.53.112.41.216.2McKesson5208575608111. 591.20.526Mercantile Stores1314421787.93.532.11.1916.3Merck5236372581236.63.7 41.71.6926.6Millennium Chemicals23048432612.62.472.90.68.3Mobil7659064355916.84 .013.12.1217.2Monsanto27514107747.20.481.10.590.7Morton22 388280512.31.4810.3625.2Murphy Oil72138223812.32.942.61.3518Mylan Laboratories555584813.50.820.90.1622.4NALCO Chemical214341441252.12.6118.3Nevada Power3799233910.11.656.81.614.2NIPSCO32587493714.11.534 .10.914.4Olin22410194617.432.81.214.5Orion Capital615913884164.151.50.69.8Owens & Minor531177139.40.61.40.1821.7Pacific Corporation36278138805.20.684.61.0834.2J. C. Penney130546234937.72.13.82.1326.9Pennzoil72654440615.83. 761.6117.1Pfizer5125041533627.91.71.10.6835.4Pharmacia & Upjohn56710103805.80.613.11.0856.2Phillips Petroleum7154241386019.93.6131.3412.4Poe & Brown612919425.11.481.50.3516.3PPG27379686828.53.942.31. 3314.7PP&L Resources33049948511.41.87.71.6712Progressive64190756018. 75.310.30.2417Rohm & Haas23999390019.82.132.20.6313.4Ruddick4230088512.51.021 .80.3217Schering-Plough56778650751.21.951.50.7424.6Sears,
- 9. Roebuck1412963870020.32.991.80.9217.4Stryker598098520.51. 280.30.1127.2Sun7105314667182.72.8113Sunamerica62114356 3714.71.80.90.319.5Texaco7466672960020.94.873.11.7511.5Th e TJX Companies17389261026.31.750.60.098.2Torchmark6228310967 17.52.391.70.5914.2Tosco713282597510.91.370.80.2423Travel ers63760938655514.92.540.90.417Ultramar Diamond Shamrock71088255959.51.943.51.116.1Union Carbide26502696428.84.531.60.7910.7United States Surgical Corporation5117217267.51.210.50.1629UNOCAL76064753028. 92.6520.815.5UNUM640771320015.22.591.30.5617USX- Marathon7157541056512.61.582.40.7619.8Valero Energy7575624939.62.031.20.4217.2Warner- Lambert58180803130.71.041.40.5135.7WEIS Markets418199729.21.8730.9416.9Wellman2108313194.80.971. 80.3520.5Winn-Dixie Stores413219292115.31.362.70.9827.2WITCO221872298141.55 2.91.1224.9Zenith Nation Insurance660112527.81.573.7117 HospitalHospitalGeog. RegionControlServiceBedsAdmissionsCensusOutpat. VisitsBirthsTot. Exp.Payroll Exp.Personnel11212107713107869823125683122061792211134 71606519814922210771272235579917623121511230283562225 65102715709361326231041111424338100367103552446210503 32857114090591335016813730636818164212201556315988721 38109325733920107774411375347651888857354545826919742 84218063648102091615127681319121440159542537734317339 89924095615941011148182721339772571156956642331111156 16172717925169113565084241126314629543027170430152007 08520313631109280543302630208489709325146213069871233 43128204962778289586761564177562960002112030012300347 16611163421172171638362015791763116784268466073264841 41720633505186214441825821917022324501449666166715431 96312368280112310221465679973128575520631247544912444 42501231754189995921631935247502955119932831812589325 22621236113011429017822758808032191954236212209466111
- 13. 15340686880866303729391855311234085395607311893177010 26039218651138016647302314122849241842981383516187521 14984798020959517285609521266785188521112726063163261 21714397721292607189221612730315958436423025941027319 02222192161170149230313661809063019111126013943203138 40429939765942580137919212135012132296100323096458458 98110819313112178948385585196446491217445831947212064 56784107027601398362067151419571170208929243693871725 77425216196721334156961871026411946168045781181593197 72119063957724425454579859336391055198512122441104001 53218878399199511170724485167454838582472501883420051 1733524797145145652228104 References Black, K. (2017). Business Statistics: For Contemporary Decision Making, (9th Edition). Hoboken, NJ: Wiley. You may submit this assignment in an Excel spreadsheet, or in Word. Make sure you show your calculations and follow APA format (i.e. in-text citations; Reference page; headings; etc.) Download the Statistics Concepts and Descriptive Measures Data Set. Choose one of the following datasets to complete this assignment: (hint: you will use the same dataset for the Signature Assignment due Week 6) Consumer Food Financial Hospital 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:
- 14. 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