In: Statistics and Probability
How to give an explanation for each of the descriptive statistics tables below?
| avg emp | |
| Mean | 31.70416659 | 
| Standard Error | 3.776977876 | 
| Median | 26.125 | 
| Mode | 15.25 | 
| Standard Deviation | 29.25634482 | 
| Sample Variance | 855.9337125 | 
| Kurtosis | 4.067240519 | 
| Skewness | 1.830126167 | 
| Range | 135 | 
| Minimum | 0.833333333 | 
| Maximum | 135.8333333 | 
| Sum | 1902.249995 | 
| Count | 60 | 
| acc per emp | |
| Mean | 0.074657099 | 
| Standard Error | 0.008174733 | 
| Median | 0.071822413 | 
| Mode | 0 | 
| Standard Deviation | 0.063321207 | 
| Sample Variance | 0.004009575 | 
| Kurtosis | 0.744308539 | 
| Skewness | 0.794325218 | 
| Range | 0.282352941 | 
| Minimum | 0 | 
| Maximum | 0.282352941 | 
| Sum | 4.479425924 | 
| Count | 60 | 
| miles driven | |
| Mean | 948289.6333 | 
| Standard Error | 97683.20756 | 
| Median | 835350 | 
| Mode | #N/A | 
| Standard Deviation | 756650.8721 | 
| Sample Variance | 5.72521E+11 | 
| Kurtosis | 0.288442522 | 
| Skewness | 0.817140927 | 
| Range | 3053137 | 
| Minimum | 11000 | 
| Maximum | 3064137 | 
| Sum | 56897378 | 
| Count | 60 | 
How to give an explanation for each of the descriptive statistics tables below?
for variabel first ; avg emp
mean is 31.70416659 : it is represent the center value of the sample data :
standard error : 3.776977876 : the standard error of the mean estimates the variability
between samples, the standard deviation measures the variability within a single sample.
median : 26.125 : it is midpoint of the data
mode : 15.25 : most frequently observation is data
standard deviation : 29.25634482 : it is measure of the dispersion .
Sample variance : 855.9337125 : it measures how spread out the data are about their mean
Kurtosis : 4.067240519 : it indicates how the peak and tails of distribution differ from the normal distribution
Skewness : 1.830126167 : it is the extent to which the data are not symmetrical .
Range : 135: it is the difference between the largest and smallest data values in the sample.
Minimum : 0.833333333 : smallest value in the data is 0
maximum : 135.83333 : it is largest value in the data
sum : 1902 .249995 : it is addition of the all the observation
count : 60 : total observation in the data
## here mean > median > mode we can say that there is
positive distribution . positive kurtosis , and positive
symmetric
## for variable second ; acc per emp
mean : 0.074657099 : it is represent the center value of the sample data :
standard error : 0.008174733 : the standard error of the mean estimates the variability
between samples, the standard deviation measures the variability within a single sample.
median : 0.071822413 : it is midpoint of the data
mode : 0 : most frequently observation is data
standard deviation : 0.063321207: it is measure of the dispersion .
Sample variance : 0.004009575 : it measures how spread out the data are about their mean
Kurtosis : 0.744308539: it indicates how the peak and tails of distribution differ from the normal distribution
Skewness : 0.794325218 : it is the extent to which the data are not symmetrical .
Range : 0.282352941 : it is the difference between the largest and smallest data values in the sample.
Minimum : 0 : smallest value in the data is 0
maximum : 0.282352941: it is largest value in the data
sum : 4.479425924 : it is addition of the all the observation
count : 60 : total observation in the data
## here mean > median > mode we can say that there is positive distribution . positive kurtosis , and positive symmetric
## for variable third ; miles per driven
mean : 948289.6333 : it is represent the center value of the sample data :
standard error : 97683.20756 : the standard error of the mean estimates the variability
between samples, the standard deviation measures the variability within a single sample.
median : 835350 : it is midpoint of the data
mode : NA : most frequently observation is data
standard deviation : 756650.8721 : it is measure of the dispersion .
Sample variance : 5.72521E+11 : it measures how spread out the data are about their mean
Kurtosis : 0.288442522 : it indicates how the peak and tails of distribution differ from the normal distribution
Skewness : 0.817140927 : it is the extent to which the data are not symmetrical .
Range : 3053137 : it is the difference between the largest and smallest data values in the sample.
Minimum : 11000 : smallest value in the data is 0
maximum : 3064137 : it is largest value in the data
sum : 56897378 : it is addition of the all the observation
count : 60 : total observation in the data
## here mean > median > mode we can say that there is positive distribution . positive kurtosis , and positive symmetric