# Statistics Concepts and Descriptive Measures

I’m studying for my Business class and don’t understand how to answer this. Can you help me study?

Choose one of the following datasets to complete this assignment: I also uploaded Statistics Concepts and Descriptive Measures Data Set.

• Consumer Food
• Financial
• Hospital

Answer each of the following in a clear but concise Word document.

• 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

Statistics Concepts and Descriptive Measures

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