Discrete Variables

Question

In this section, you will carry out the following basic estimation and tests of differences using the provided SampleDataSet.xlsx: Identify three continuous and three discrete variables and describe their distribution numerically (e.g., central tendency, spread) as well as graphically. Compare the results.

Using the variables selected, conduct all possible t-tests and chi-squared tests. Describe your findings. In addition, discuss how data limitations (e.g., missing values, etc.) can affect the validity and reliability of statistical estimations and tests of differences. Be specific. Show your work using Microsoft Excel and import your work into a Microsoft Word document.

Question

Refer to the Real Estate data, which report information on homes sold in the Phoenix, Arizona, area last year.

a. Create a probability distribution for the number of bedrooms. Compute the mean and the standard deviation of this distribution.

b. Create a probability distribution for the number of bathrooms. Compute the mean and the standard deviation of this distribution