Introduction
I am 43 years old and married with three children. My income is $98,000 annually. The variables included: SE- Income, SE Marital status, SE family size, and USD food.
Variable/Data Set
Description
Variable Type
Variable 1 Income
Annual Income (USD)
Quantitative
Variable 2
Age
Head of Household Age
Qualitative
Variable 3
Size of family
No. of people in household
Quantitative
Income is necessary for basic needs for the survival of the family.
Numerical Summary
For income, the median is the measure of central tendency, the variable is quantitative. If any outliers or if the data is not distributed normally, the median is the best measure for central tendency.
Testimonials
STAT 200 Assignment #2