Back to category: Business

Limited version - please login or register to view the entire paper.

Descriptive Statistics

Descriptive Statistics: Grocery Budget of Team A
Team A previously collected the primary and secondary data necessary for

researching the problem of overspending on the monthly grocery bill. This data was obtained via the Internet and personal observation, and will now provide insight into where we are overspending, as well as on how we can save money. To accomplish this, we will examine the previously collected data in order to identify the central tendencies. These central tendencies will measure the average or midpoints of our data. This report will provide a summary of our central tendencies as well as a graphical representation of the information. The measures of central tendencies will show us some of our mistakes, which are causing us to overspend on groceries and will also allow us to make recommendations for avoiding these errors going forward.
The central tendency simple means the middle. Since a grocery bill does not have a middle, Team A needs to focu...

Posted by: Tricia F. Doyle

Limited version - please login or register to view the entire paper.