MATH533: Applied Managerial
Statistics Course project – part
A
I. Introduction.
AJ DAVIS is a department store chain, which has many credit customers and wants to find
out more information about these customers. A sample of 50 credit customers is selected with
data collected on the following five variables:
1. Location (Rural, Urban, Suburban)
2. Income (in $1,000’s)
3. Size (Household size)
4. Years (the number of years that the customer has lived in the current location)
5. Credit balance (the customers current credit balance on the store’s credit card, in $)
II. Individual variables.
1. Location
Tally for Discrete Variables: Location
Location Count Percent
Rural 13 26.00
Suburban 15 30.00
Urban 22 44.00
N= 50
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https://www.coursehero.com/file/12334042/-Course-Project-Part-A-Math-533/
, Pie Chart of Location
Category Rural Suburban Urban
Rural
13, 26.0%
Urban 22, 44.0%
Suburban 15, 30.0%
Interpretation: Look at the table and the pie chart above, we can see the location of AJ Davis’
customers is distributed in 3 areas: rural, urban and suburban. The majority of customer live in
urban areas with 44%. Suburban areas with 30% of customers are the second and rural areas
have the least amount of customers with 26%.
2. Income.
Descriptive Statistics: Income ($1000)
Total
Variable Count Mean StDev Minimum Q1 Median Q3 Maximum
Income ($1000) 50 43.74 14.64 21.00 30.00 43.00 55.00 67.00
Variable Range
Income ($1000) 46.00
This study source was downloaded by 100000852681095 from CourseHero.com on 12-09-2022 02:01:34 GMT -06:00
https://www.coursehero.com/file/12334042/-Course-Project-Part-A-Math-533/
Statistics Course project – part
A
I. Introduction.
AJ DAVIS is a department store chain, which has many credit customers and wants to find
out more information about these customers. A sample of 50 credit customers is selected with
data collected on the following five variables:
1. Location (Rural, Urban, Suburban)
2. Income (in $1,000’s)
3. Size (Household size)
4. Years (the number of years that the customer has lived in the current location)
5. Credit balance (the customers current credit balance on the store’s credit card, in $)
II. Individual variables.
1. Location
Tally for Discrete Variables: Location
Location Count Percent
Rural 13 26.00
Suburban 15 30.00
Urban 22 44.00
N= 50
This study source was downloaded by 100000852681095 from CourseHero.com on 12-09-2022 02:01:34 GMT -06:00
https://www.coursehero.com/file/12334042/-Course-Project-Part-A-Math-533/
, Pie Chart of Location
Category Rural Suburban Urban
Rural
13, 26.0%
Urban 22, 44.0%
Suburban 15, 30.0%
Interpretation: Look at the table and the pie chart above, we can see the location of AJ Davis’
customers is distributed in 3 areas: rural, urban and suburban. The majority of customer live in
urban areas with 44%. Suburban areas with 30% of customers are the second and rural areas
have the least amount of customers with 26%.
2. Income.
Descriptive Statistics: Income ($1000)
Total
Variable Count Mean StDev Minimum Q1 Median Q3 Maximum
Income ($1000) 50 43.74 14.64 21.00 30.00 43.00 55.00 67.00
Variable Range
Income ($1000) 46.00
This study source was downloaded by 100000852681095 from CourseHero.com on 12-09-2022 02:01:34 GMT -06:00
https://www.coursehero.com/file/12334042/-Course-Project-Part-A-Math-533/
