Create a MicrosoftÂ® ExcelÂ® spreadsheet with the two variables from your learning team's dataset. Analyze the data with MegaStatÂ®, StatCrunchÂ®, MicrosoftÂ® ExcelÂ®or other statistical tool(s), including: (a) Descriptive...

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Create a Microsoft^®Excel^® spreadsheet with the two variables from your learning team's dataset.

Analyze the data with MegaStat^®, StatCrunch^®, Microsoft^® Excel^®or other statistical tool(s), including:

(a) Descriptive stats for each numeric variable

(b) Histogram for each numeric variable

(d) Scatter plot if the data contains two numeric variables

Determine the appropriate descriptive statistics.

(a) For normally distributed data use the mean and standard deviation.

(b) For significantly skewed data use the median and interquartile range.

Use the Individual Methodology Findings Template to complete the descriptive statistics.

Use the Descriptive Statistics and Interpretation Example to develop an interpretation of the descriptive statistics.

Here is the research:

Since 1997, Trident Yatch, INC. has been providing services and products for customers in the state of Florida. Located in Miami, FL, prices of the yachts range from $2,000 to $175,000,000. Products consists of from low-en yachts to high-end, lucrative yachts. Our clientele include some of the rich and famous along with the recent retirees living in the Sunshine State. Services provided include regular maintenance or an overhaul of the entire yacht. Trident Yacht, INC.’s medium and low end yatch sales are slowing fading out due to the high demand of high end class yachts. As of recently, the sales of the yachts have been inconsistent. The results of this research will provide Trident Yacht, INC with enough information decide whether or not to open up more locations in order to have sales be more consistent. Location is an important variable to consider before opening new stores in new locations.

Research Question:

Why is causing the yachts sales to be inconsistent?

Independent Variable (IV):

The independent variable in this scenario is the locations of Trident Yacht, INC.

Dependent Variable (DV):

The dependent variable in this scenario is the growing of the business.

Hypothesis Statements:

Ho: There is no correlation between location and sales of yachts.

H1: There is a correlation between location and sales of yachts.