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Statistics Concepts and Descriptive Measures
Grading Guide
<QNT/561 Version 9>
2
10
Statistics Concepts and Descriptive Measures Grading Guide
QNT/561 Version 9
Applied Business Research and Statistics
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.
You will be required to only do one of the three datasets.
Resource: Microsoft Excel®, Statistics Concepts and
Descriptive Measures Data Set
Download the Statistics Concepts and Descriptive Measures
Data Set.
Choose one of the following datasets to complete this
assignment:
· Consumer Food ( This is the one I chose)
· 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:
· 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
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
Measures
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.
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
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
3
#/3
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.
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
2
#/2
Assignment Total
#
5
#/5
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
41243210092182905302120151211266966991925021727249719
20838219784583991606521918750477940721586639112204092
19456518861166822627034797146229518623485201221096878
70417002228865536203200422922651577159222249133476117
70422697660968177992281525128181672228872501318763228
06259238108152288954734411814228444526452246922614835
30917139224563343551061222818550630211873133912905615
73531743648721183633195225045916478311129072805212383
11040356954222183146933934324696315626388331437131118
69550213557631130557760581731878357937185913113031633
43255313136813647917950315549403811425731410826309265
81316314414212247031770054579290653174794055131757319
09350369640431986354422243343180435183626213329552736
00363743292865187329631327987480031726132387536519135
79321074675152106593268884497423711325479489234594326
94943769212213210650759473335732518841423336413253114
01891779132469136772582932805659690195943211304536542
30663281125906724032869665962032586937254101573237763
35681414332118295693403213087888221756541109865963527
86341576238407188674111617786271189441989547710229304
11629364443316874181855887135424411397287954115494111
24354778125524146353982519494411006349536121954184266
01021378741743649139223564111747510524553411539770500
12025416842548941621741967860570410641128525762531228
41101145695625907418496614001093416689505321710641156
96727741779341984169981216074112529668911768941102106
74311999541886864782144894164263898717864411109664867
58394110086504218689412587270761753441124925178420284
42845654135220374268015329123342426339498043494342780
25220528579429717728412234942602646238201654256184593
81053842102177771618516428338597117980429048421061978
64240173646299354210906534031817742151487129066964288
30667592097242848157616287674211358762211373421055378
20259204269695516424795421321961171214824235433409325
96942732650647107504284585989822940421176652884259704
2990873629711242
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
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,
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
17214614941073133866810912461122810444140956491313116
48649017671256318326482815507451206253009300266212739
24915451102168967519280667532762122577631509165415836
00802194460728631236106881446848220179440138757929296
31806671423522199526094134643543062178776177373702045
38825159514083152119795531191539941686105672467101251
32521602730271606050329444125833863352131111215367351
26849639181443422126413395179267091202615384486780204
73522124612264175140152141212831263615134336221556128
11461683301517122809635161723371325686032577807079320
29638121120550274364610508232034652939111674265474142
94682271936770616534436944012141412260253818851074856
96341171042411313204147180476361421296991239110714211
13151280418492458762108848435751525431213441653924318
53133194141031564211983441211687566115663094965620722
12867045111315158532159337314421312975236616534613288
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35113110323122830661031628108473735212133123052883560
01732084810389263531111861054110876176106456185243739
43541211774469154571047594340621388605557211495994761
11901131740014174505965673128611142165173393175175810
32620116557312488508295002629821070568583312425682101
37461057236214615075932112855116937898714300631471747
96032133925122467999794733881366132125513780185146454
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73211051456434715212615701747833768341594706292921055
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52081576321194535682484135204210417721712773111094586
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25929800282461878379081331140287652319202232493463088
23115040434134681425471235708331221479416800215171379
54948433280746211007404861259111185141467612239017967
60114160690511618861118082347104090808636232448712116
06584809176977645492189555258813110638705053424451245
29942047289132408591132251046632569949012199331345308
14145162967925297911111336306761722531284556632206484
79213113827641291790713293610177234932218841126085800
31929164136634019422157326392418121321215432966712815
83928952214414971735357295177147700198962212258187138
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37545982211005335621721058065357828592663992111868184
13187453701765373378982010022137521169265331478396818
81908617225811013424854112456109270010382258336129810
23226417854077490872348711261033114952132731031273336
55231187100456253410433111453872001608377892511053326
28831958500528326378510634114918971126977603494623156
43210731242759237500536043428086410833240104915004479
21716610932112995077864109306358597226115561103111491
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02391123212567203961074408278877943895973113131153615
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27318491151117016093014630049373172102116312691666566
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18331243566712716191249443013208085491193122061499180
00212601475561112034162125659688860295811376233012152
12199275127420580160226728551471122511541433732240304
31637751235412415031310510128621939948126212452115117
64100278892351739566043281253311603228472917933926343
11304377126311262368919457144398361121862157512732129
61401817213974112751565435837819161285316713737551611
94625699239458100322262012953118476991205331313645622
11842157113051124979311798886971445034244277031312411
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22253196343848065844779153169221152537366658247103886
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53218878399199511170724485167454838582472501883420051
1733524797145145652228104

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