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Thursday, November 7, 2013

Statistics Project a

Introduction & Overview AJ DAVIS is a department store chain who would regard to find out more details about closely of their consumers. They regard to focus specifically around their acknowledgment customers. To brave out an analysis, a sample pay off of 50 conviction customers were indiscriminately selected with data self-contained on five variables. itemization of variables 1. localisation a. inelegant b.Urban c.Suburban 2.Income 3.Household size 4.Years living at current compliance 5. sure AJ Davis assent card balance Individual Variables Although data was collected and analyzed for all five variables well be face well at iii signifi screwt variables in more detail, Location, delegate carte Balance and Consumer Income. These three variables stand out because when they be paired with any of the other variables they provide substance that AJ Davis corporation buoy use to polish off business decisions. synopsis of Location: Th e residential location data showed where the majority of the credence consumers reside. 42% of the credit consumers reside in an urban surface argona making that the largest of the three locations identified. Almost half of the consumers, 21 to be exact, reside in an urban area. The suburban area was the second largest, but not by very much.
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The pie chart shows that consumers residing in this area make up 30% of the sample embed with a agree of 15 out of 50 consumers residing there. Rural areas consist of 28% of the credit consumers with 14 customers residing there. This suit of data can provide AJ Davis wit h visibility into what geographical markets ! they are successful in or those they should target more aggressively. summary of Credit Card Balance: VariableMinimumMaximum MeanModeStDev swerveQ1MedianQ3 Credit Balance($)$1,864$5,678$3,964$3,890$933$3,814 $3,109$4,090$4,748 The data to a higher place summarizes the debt balances for the sample set of 50 consumers who use AJ Daviss credit cards. The balances start as low as $1,864 and go as...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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