MATH533 Course Project Week 2

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MATH533 Course Project Week 2
PROJECT PART A: Exploratory Data Analysis

Open the files for the Course Project and the data set in Doc…

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MATH533 Course Project Week 2

MATH533 Course Project Week 2

A+ AJ Davis Department

PROJECT PART A: Exploratory Data Analysis

  • Open the files for the Course Project and the data set in Doc Sharing.
  • For each of the five variables, process, organize, present and summarize the data. Analyze each variable by itself using graphical and numerical techniques of summarization. Use MINITAB as much as possible, explaining what the printout tells you. You may wish to use some of the following graphs: stem-leaf diagram, frequency/relative frequency table, histogram, boxplot, dotplot, pie chart, bar graph. Caution: not all of these are appropriate for each of these variables, nor are they all necessary. More is not necessarily better. In addition be sure to find the appropriate measures of central tendency, the measures of dispersion, and the shapes of the distributions (for the quantitative variables) for the above data. Where appropriate, use the five number summary (the Min, Q1, Median, Q3, Max). Once again, use MINITAB as appropriate, and explain what the results mean.
  • Analyze the connections or relationships between the variables. There are ten possible pairings of two variables. Use graphical as well as numerical summary measures. Explain what you see. Be sure to consider all 10 pairings. Some variables show clear relationships, while others do not.
  • Prepare your report in Microsoft Word, integrating your graphs and tables with text explanations and interpretations. Be sure that you have graphical and numerical back up for your explanations and interpretations. Be selective in what you include in the report. I’m not looking for a 20 page report on every variable and every possible relationship (that’s 15 things to do).
  • In particular, what I want you do is to highlight what you see for three individual variables (no more than 1 graph for each, one or two measures of central tendency and variability (as appropriate), the shapes of the distributions for quantitative variables, and two or three sentences of interpretation). For the 10 pairings, identify and report only on three of the pairings, again using graphical and numerical summary (as appropriate), with interpretations. Please note that at least one of your pairings must include the qualitative variable and at least one of your pairings must not include the qualitative variable.

Preview:

AJ Davis department has many credit customers in their store. They decided to select 50 customers that use credit collection to explore customer needs. The department used 5 variables to explore customer needs to aid in planning and growth. The variables included; location, income, credit balance, and size. The department…