Exam (elaborations) : Descriptive Statistics Analysis (STA 200) -Assignment 2 Descriptive Statistics

Description of Findings. The median is 96907 and the standard deviation is 6402.215. The standard deviation is high which means there is a difference on incomes of the sample. The annual household income variable reveals a median income of $96907. Based on the histogram, many families earn an income that ranges from $94,867 and $102,067Use the same scenario you submitted for the first assignment with modifications using your instructor’s feedback, if needed. Include Table 1: Variables Selected for the Analysis you used in Assignment #1 to show the variables you selected for analysisThe scatterplot chart displays the distribution of the ages of the heads of households. The data representing the age of the head of the household showed that the ages of 30,39,42 43, 44, 49 and 59 years each appearing two times. The range was 42, spanning from a low of 18 years to a high of 60 yearsDescription of Findings. The median is 96907 and the standard deviation is 6402.215. The standard deviation is high which means there is a difference on incomes of the sample. The annual household income variable reveals a median income of $96907. Based on the histogram, many families earn an income that ranges from $94,867 and $102,067Use the same scenario you submitted for the first assignment with modifications using your instructor’s feedback, if needed. Include Table 1: Variables Selected for the Analysis you used in Assignment #1 to show the variables you selected for analysisThe scatterplot chart displays the distribution of the ages of the heads of households. The data representing the age of the head of the household showed that the ages of 30,39,42 43, 44, 49 and 59 years each appearing two times. The range was