In: Statistics and Probability
1. What is the mean, median, and mode of both data columns? 2. Assuming 95% CI, calculate the confidence intervals of each data set. 3. What is the range of each data set? 4. Calculate the variance and standard deviation of each data set. 5. What is the skewness and kurtosis? 6. Generate a histogram plot of each of the data sets. 7. Based on the variability of the data, what do you think the next step would be to analyze the data? Age Income 29 9315 25 6590 28 9668 27 8412 25 1654 24 2431 25 6977 19 8966 27 9327 18 3871 25 9934 19 2236 19 3035 29 2518 19 3616 19 9219 28 1090 18 5368 26 2832 29 1899
Basic statistics - calculate in excel.
Confidence interval for age
The confidence interval for income