Assignment Instructions/ Description
QNT/561 Statistics Concepts and Descriptive Measures Statistics Concepts and Descriptive MeasuresPlease refer to the excel attachment I have provided. 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 StepsThis 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 SetDownload the Statistics Concepts and Descriptive Measures Data Set. Choose one of the following datasets to complete this assignment:• Consumer Food• Financial• HospitalAnswer each of the following in a total of 90 words. You can do this by only providing the statistical response. Keep your discussion to a very minimum and only answer the questions asked. You do not need to define and discuss the statistical concepts:• 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:o Calculate the mean and mediano Interpret the mean and median in plain non-technical termso Use the Excel =AVERAGE function to find the meano Use the Excel =MEDIAN function to find the median• For each column containing quantitative data:o Calculate the standard deviation and rangeo Interpret the standard deviation and range in plain non-technical termso Use the Excel =STDEV.S function to find the standard deviationo 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 QNT/561 Statistics Concepts and Descriptive Measures
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