Stats
Z T
| Small sample example | Two-Tail Hypothesis example | |||||||||||||||||||||||||||
| Bag of seed scenario | Two cities, Bradford and Kane are separated only by the Conewango River. There is competition between the two cities. The local paper recently reported that the mean household income in Bradford is $38,000 with a standard deviation of $6,000 for a sample of 40 households. The same article reported the mean income in Kane is $35,000 with a standard deviation of $7,000 for a sample of 35 households. At the .01 significance level can we conclude the mean income in Bradford is more? | The processors of Fries’ Catsup indicate on the label that the bottle contains 16 ounces of catsup. The standard deviation of the process is 0.5 ounces. A sample of 36 bottles from last hour’s production revealed a mean weight of 16.12 ounces per bottle. At the .05 significance level is the process out of control? That is, can we conclude that the mean amount per bottle is different from 16 ounces? | ||||||||||||||||||||||||||
| A farmer maintains a database that records the weight of the bags of seeds he takes to market for sale. | ||||||||||||||||||||||||||||
| Lately, he begins to suspect that his weight filling machine is off and that he feels that the bags are under filled. | ||||||||||||||||||||||||||||
| He looks at his records and the average weight of each bag is 50 pounds. He examines a sample of 20 recent bags and weighs each of them. To his surprise, the average weight of the 20 sample bags is 49.13 pounds, with a standard deviation of 1.743. At the .05 level of significance, are the bags under filled. | ||||||||||||||||||||||||||||
| Absenteeism scenario | ||||||||||||||||||||||||||||
| An organization in the Pacific Northwest has been experiencing a high amount of absenteeism of their employees. The latest employee records showed that the average amount of absenteeism per week is 12 with a standard deviation of two. The CEO of the company thinks this is too high and wants something done to reduce the record of absenteeism. | H0: µB £ µK ; H1: µB > µK | |||||||||||||||||||||||||||
| You meet with an action group from HR, and you recommend to the CEO to establish a flex time for employees to work. The CEO reluctantly agrees. | a = 0.01 | a = 0.05 | ||||||||||||||||||||||||||
| t ==> | Because both samples are more than 30, we can use z as the test statistic. | t ==> | Because sample are more than 30, we can use z as the test statistic. | |||||||||||||||||||||||||
| After 49 weeks, the CEO notices that the average amount of absenteeism per week is now down to nine instead of the 12 in previous weeks. The CEO approaches you and ask if the flex time initiative has made a statistically significant difference. | FDR | The null hypothesis is rejected if z is greater than 2.33 | FDR | The null hypothesis is rejected if z is greater than 1.96 or if z is less than - 1.96 | ||||||||||||||||||||||||
| So, you conduct an eight-step statistical hypothesis test to determine the statistical significance of the effectiveness of flex time. What will be your recommendation? | S | S | ||||||||||||||||||||||||||
| Increase revenue scenario | D | decision is to not reject the null hypothesis. | D | decision is to not reject the null hypothesis. | ||||||||||||||||||||||||
| the CEO of an advertising organization in San Francisco wants to increase revenue. So, he calls upon you as the vice president for operations to come up with some ideas that would increase revenue. | C | cannot conclude that the mean household income in Bradford is larger. | C | Machine is operating within specifications | ||||||||||||||||||||||||
| The first action taken was to determine current revenue that the organization was making. You find out that the organization has been averaging approximately 75 (thousand) dollars per week with a standard deviation of 8000. | R | NTR | R | Don't fix something that isn't broken | ||||||||||||||||||||||||
| After meeting with your group, you recommend to the CEO to increase advertising. | ||||||||||||||||||||||||||||
| After 25 weeks, the CEO wants to know if advertising is made a statistically significant difference. You find out that the current revenue stream is now up to 80,000 week and you state to the CEO that yes, advertising has made a difference. The CEO wants a hypothesis tested at the .05 level of significance to determine if the company should continue advertising or try something else. |
ANOVA
| ANOVA | Reject Ho if p < 0.05 | |||||||||||||||||||
| Rosenbaum Restaurants specialize in meals for senior citizens. Katy Polsby, President, recently developed a new meat loaf dinner. Before making it a part of the regular menu she decides to test it in several of her restaurants. She would like to know if there is a difference in the mean number of dinners sold per day at the Anyor, Loris, and Lander restaurants. Use the .05 significance level. | ||||||||||||||||||||
| Aynor | Loris | Lander | ||||||||||||||||||
| 13 | 10 | 18 | Ho: TIND | Ha: TIAD | ||||||||||||||||
| 12 | 12 | 16 | a = 0.05 | |||||||||||||||||
| 14 | 13 | 17 | t ANOVA - Three groups | |||||||||||||||||
| 12 | 11 | 17 | FDR | Reject Ho if Fvalue > Fcrv = 4.103 | ||||||||||||||||
| 17 | ||||||||||||||||||||
| Statistics | Fvalue = 39.103 | |||||||||||||||||||
| Anova: Single Factor | Decision | Since Fvalue = 39.103 > Fcrv = 4.103, Reject Ho | ||||||||||||||||||
| SUMMARY | Conclusion: TIAD | |||||||||||||||||||
| Groups | Count | Sum | Average | Variance | Recommendation: | Various | ||||||||||||||
| Aynor | 4 | 51 | 12.75 | 0.917 | ||||||||||||||||
| Loris | 4 | 46 | 11.5 | 1.667 | ||||||||||||||||
| Lander | 5 | 85 | 17 | 0.5 | ||||||||||||||||
| ANOVA | ||||||||||||||||||||
| Source of Variation | SS | df | MS | F | P-value | F crit | ||||||||||||||
| Between Groups | 76.25 | 2 | 38.125 | 39.103 | 0.000 | 4.103 | ||||||||||||||
| Within Groups | 9.75 | 10 | 0.975 | |||||||||||||||||
| Total | 86 | 12 | ||||||||||||||||||
| ANOVA TWO FACTOR | ||||||||||||||||||||
| Employee | Day Output | Evening Output | Night Output | |||||||||||||||||
| McCartney | 31 | 25 | 35 | |||||||||||||||||
| Neary | 33 | 26 | 33 | |||||||||||||||||
| Schoen | 28 | 24 | 30 | F Distribution | ||||||||||||||||
| Thompson | 30 | 29 | 28 | Skewed | ||||||||||||||||
| Wagner | 28 | 26 | 27 | All Positive | ||||||||||||||||
| Accept | Reject Region | |||||||||||||||||||
| Anova: Two-Factor Without Replication | Region | Reject Ho if p < 0.05 | ||||||||||||||||||
| SUMMARY | Count | Sum | Average | Variance | Ho: TIND | Ha: TIAD | ||||||||||||||
| McCartney | 3 | 91 | 30.333 | 25.333 | a = 0.05 | |||||||||||||||
| Neary | 3 | 92 | 30.667 | 16.333 | t ANOVA - Three groups | |||||||||||||||
| Schoen | 3 | 82 | 27.333 | 9.333 | FDR | Reject Ho if Fvalue > Fcrv = 4.103 | ||||||||||||||
| Thompson | 3 | 87 | 29 | 1 | ||||||||||||||||
| Wagner | 3 | 81 | 27 | 1 | Statistics | Fvalue = 39.103 | ||||||||||||||
| Decision | Since Fvalue = 39.103 > Fcrv = 4.103, Reject Ho | |||||||||||||||||||
| Day Output | 5 | 150 | 30 | 4.5 | Conclusion: TIAD | |||||||||||||||
| Evening Output | 5 | 130 | 26 | 3.5 | Recommendation: | Various | Reject Ho if p < 0.05 | |||||||||||||
| Night Output | 5 | 153 | 30.6 | 11.3 | ||||||||||||||||
| Ho: TIND | Ha: TIAD | |||||||||||||||||||
| a = 0.05 | ||||||||||||||||||||
| ANOVA | t ANOVA - Three groups | |||||||||||||||||||
| Source of Variation | SS | df | MS | F | P-value | F crit | FDR | Reject Ho if Fvalue > Fcrv = 4.103 | ||||||||||||
| Rows | 33.733 | 4 | 8.433 | 1.552 | 0.276 | 3.838 | ||||||||||||||
| Columns | 62.533 | 2 | 31.267 | 5.755 | 0.028 | 4.459 | Statistics | Fvalue = 39.103 | ||||||||||||
| Error | 43.467 | 8 | 5.433 | Decision | Since Fvalue = 39.103 > Fcrv = 4.103, Reject Ho | |||||||||||||||
| Conclusion: TIAD | ||||||||||||||||||||
| Total | 139.733 | 14 | Recommendation: | Various |
Confidence Ints
| Preliminary calculations from the data: | ||||||||||
| p = | = .433 or 43.3% | |||||||||
| n p = 60 * .50 = 30 > 5 | ||||||||||
| n p = 60 * .50 = 30 > 5 | CLT ==> | z standard normal distribution | distribution | |||||||
| p ± z | = .433 | ± | 1.96 * | |||||||
| = .433 | ± | 0.1254 | = | ( .3076, .5584 ) | Confidence Interval | |||||
| Ho p ≤ .50 | Ha p > .50 | |||||||||
| a = .05 | ||||||||||
| test statistics CI for a population proportion | ||||||||||
| FDR Reject Ho if proportion in question is outside (not between) the two CI ( .3076 < p < .5584 ) | ||||||||||
| Statistics | ||||||||||
| = (.3076, .5584 ) = Confidence Interval | ||||||||||
| Decision Cannot Reject Ho since .50 is in the interval | ||||||||||
| Conclusion: We cannot conclude that the use of debit cards is greater than .50 | ||||||||||
| Recommendation: Various | ||||||||||
Regression
| Hypothesis testing: Does Advertising make a statistically significant difference in sales? | |||||||||||||||
| Advertisement ($'000) | Sales ($'000) | Regression | Ho: TIND | Ha: TIAD | |||||||||||
| 1068 | 4489 | SUMMARY OUTPUT | a = 0.05 | ||||||||||||
| 1026 | 5611 | t ANOVA - Three groups | |||||||||||||
| 767 | 3290 | Regression Statistics | FDR | Reject Ho if p < 0.05 | |||||||||||
| 885 | 4113 | Multiple R | 0.82 | ||||||||||||
| 1156 | 4883 | R Square | 0.68 | Statistics | p = .98 | ||||||||||
| 1146 | 5425 | Adjusted R Square | 0.65 | Decision | Since p = .98 not less than 0.05, not enough evidence to reject Ho | ||||||||||
| 892 | 4414 | Standard Error | 592.73 | Conclusion: TIND | |||||||||||
| 938 | 5506 | Observations | 12.00 | Recommendation: | Try something else. Advertising may not be most | ||||||||||
| 769 | 3346 | significant course of action. | |||||||||||||
| 677 | 3673 | ANOVA | |||||||||||||
| 1184 | 6542 | df | SS | MS | F | Significance F | |||||||||
| 1009 | 5088 | Regression | 1.00 | 7415845.78 | 7415845.78 | 21.11 | 0.00 | ||||||||
| Residual | 10.00 | 3513330.88 | 351333.09 | ||||||||||||
| Total | 11.00 | 10929176.67 | |||||||||||||
| Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | Lower 95.0% | Upper 95.0% | ||||||||
| Intercept | -25.17 | 1042.26 | -0.02 | 0.98 | -2347.47 | 2297.13 | -2347.47 | 2297.13 | |||||||
| Advertisement ($'000) | 4.92 | 1.07 | 4.59 | 0.00 | 2.53 | 7.31 | 2.53 | 7.31 | |||||||
Multiple Regression
| Multiple Regression | |||||||||||||
| Family | Food | Income | Size | Student | |||||||||
| 1 | 3900 | 376 | 4 | 0 | |||||||||
| 2 | 5300 | 515 | 5 | 1 | Ho: TIND | Ha: TIAD | |||||||
| 3 | 4300 | 516 | 4 | 0 | a = 0.05 | ||||||||
| 4 | 4900 | 468 | 5 | 0 | t ANOVA - Three groups | ||||||||
| 5 | 6400 | 538 | 6 | 1 | FDR | Reject Ho if p < 0.05 | |||||||
| 6 | 7300 | 626 | 7 | 1 | |||||||||
| 7 | 4900 | 543 | 5 | 0 | Statistics | p = .98 | |||||||
| 8 | 5300 | 437 | 4 | 0 | Decision | Since p = .98 not less than 0.05, not enough evidence to reject Ho | |||||||
| 9 | 6100 | 608 | 5 | 1 | Conclusion: TIND | ||||||||
| 10 | 6400 | 513 | 6 | 1 | Recommendation: | Try something else. Advertising may not be most | |||||||
| 11 | 7400 | 493 | 6 | 1 | significant course of action. | ||||||||
| 12 | 5800 | 563 | 5 | 0 | |||||||||
| SUMMARY OUTPUT | |||||||||||||
| Regression Statistics | |||||||||||||
| Multiple R | 0.8966614273 | ||||||||||||
| R Square | 0.8040017151 | ||||||||||||
| Adjusted R Square | 0.7305023583 | ||||||||||||
| Standard Error | 572.6870553352 | ||||||||||||
| Observations | 12 | Income | |||||||||||
| (1) ---> | Ho: TIND | Ha: TIAD | |||||||||||
| ANOVA | a = 0.05 | ||||||||||||
| df | SS | MS | F | Significance F | t ANOVA - Three groups | ||||||||
| Regression | 3 | 10762902.96 | 3587634.32 | 10.94 | 0.00 | FDR | Reject Ho if p < 0.05 | ||||||
| Residual | 8 | 2623763.71 | 327970.46 | ||||||||||
| Total | 11 | 13386666.67 | Statistics | p = .74 | |||||||||
| Decision | Since p = .74 not less than 0.05, not enough evidence to reject Ho, [no difference] ~ [not significant] | ||||||||||||
| Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | Lower 95.0% | Upper 95.0% | Conclusion: TIND | |||||
| Intercept | 954.02 | 1580.84 | 0.60 | 0.56 | -2691.40 | 4599.44 | -2691.40 | 4599.44 | Recommendation: | The variable is not statistically significant. | |||
| (1) -- > | Income | 1.09 | 3.15 | 0.35 | 0.74 | -6.18 | 8.36 | -6.18 | 8.36 | ||||
| (2) -- > | Size | 748.38 | 302.95 | 2.47 | 0.04 | 49.77 | 1447.00 | 49.77 | 1447.00 | ||||
| (3) -- > | Student | 564.52 | 495.13 | 1.14 | 0.29 | -577.26 | 1706.30 | -577.26 | 1706.30 | ||||
| Size | |||||||||||||
| (2) --> | p = 0.04, statistically significant | ||||||||||||
| student | |||||||||||||
| (3) --> | p =0.29, not statistically significant |
Multiple Regression 2nd example
| Square Feet | Per Person Average Spending | Sales Growth Over Previous Year (%) | Loyalty Card % of Net Sales | Annual Sales Per Sq Ft | Median HH Income (3 Miles) | Median Age (3 Miles) | % w/ Bachelor's Degree (3 Miles) | Variables | Results | |||
| Obs | SqFt | Sales/Person | SalesGrowth% | LoyaltyCard% | Sales/SqFt | MedIncome | MedAge | BachDeg% | Annual Sales | |||
| 1 | 2354 | 6.81 | -8.31 | 2.07 | 701.97 | 45177 | 34.4 | 31 | 1652437.4 | |||
| 2 | 2604 | 7.57 | -4.01 | 2.54 | 209.93 | 51888 | 41.2 | 20 | 546657.7 | |||
| 3 | 2453 | 6.89 | -3.94 | 1.66 | 364.92 | 51379 | 40.3 | 24 | 895148.8 | |||
| 4 | 2340 | 7.13 | -3.39 | 2.06 | 443.04 | 66081 | 35.4 | 29 | 1036713.6 | |||
| 5 | 2500 | 7.04 | -3.30 | 2.48 | 399.20 | 50999 | 31.5 | 18 | 998000.0 | |||
| 6 | 2806 | 6.93 | -1.94 | 2.96 | 264.64 | 41562 | 36.3 | 30 | 742579.8 | |||
| 7 | 2250 | 7.11 | -0.77 | 2.28 | 571.59 | 44196 | 35.1 | 14 | 1286077.5 | |||
| 8 | 2400 | 7.13 | -0.37 | 2.34 | 642.25 | 50975 | 37.6 | 33 | 1541400.0 | |||
| 9 | 2709 | 6.58 | -0.25 | 2.20 | 461.45 | 72808 | 34.9 | 28 | 1250068.1 | |||
| 10 | 1990 | 6.77 | -0.17 | 2.34 | 638.82 | 79070 | 34.8 | 29 | 1271251.8 | |||
| 11 | 2392 | 6.66 | 0.47 | 2.09 | 484.38 | 78497 | 36.2 | 39 | 1158637.0 | |||
| 12 | 2408 | 7.03 | 0.55 | 2.47 | 581.09 | 41245 | 32.2 | 23 | 1399264.7 | |||
| 13 | 2627 | 7.03 | 0.77 | 2.04 | 267.71 | 33003 | 30.9 | 22 | 703274.2 | |||
| 14 | 2500 | 7.00 | 1.92 | 2.02 | 572.84 | 90988 | 37.7 | 37 | 1432100.0 | |||
| 15 | 1986 | 7.38 | 2.05 | 2.01 | 586.48 | 37950 | 34.3 | 24 | 1164749.3 | |||
| 16 | 2500 | 7.18 | 2.12 | 2.64 | 368.73 | 45206 | 32.4 | 17 | 921825.0 | |||
| 17 | 2668 | 7.35 | 2.84 | 2.22 | 351.47 | 79312 | 32.1 | 37 | 937722.0 | |||
| 18 | 2517 | 6.95 | 2.88 | 2.07 | 458.24 | 37345 | 31.4 | 22 | 1153390.1 | |||
| 19 | 1251 | 7.02 | 3.96 | 1.94 | 987.12 | 46226 | 30.4 | 36 | 1234887.1 | |||
| 20 | 2998 | 6.85 | 4.04 | 2.17 | 357.45 | 70024 | 33.9 | 34 | 1071635.1 | |||
| 21 | 2625 | 7.16 | 4.05 | 0.72 | 405.77 | 54982 | 35.6 | 26 | 1065146.3 | |||
| 22 | 2300 | 6.99 | 4.05 | 2.00 | 680.80 | 54932 | 35.9 | 20 | 1565840.0 | |||
| 23 | 2761 | 7.28 | 4.24 | 1.81 | 368.02 | 34097 | 33.6 | 20 | 1016103.2 | |||
| 24 | 2764 | 7.07 | 4.58 | 2.13 | 303.95 | 46593 | 37.9 | 26 | 840117.8 | |||
| 25 | 2430 | 7.05 | 5.09 | 2.50 | 393.90 | 51893 | 40.6 | 21 | 957177.0 | |||
| 26 | 2154 | 6.54 | 5.14 | 2.63 | 562.12 | 88162 | 37.7 | 37 | 1210806.5 | |||
| 27 | 2400 | 6.70 | 5.48 | 1.95 | 494.88 | 89016 | 36.4 | 34 | 1187712.0 | |||
| 28 | 2430 | 6.91 | 5.86 | 2.04 | 310.07 | 114353 | 40.9 | 34 | 753470.1 | |||
| 29 | 2549 | 7.58 | 5.91 | 1.41 | 373.46 | 75366 | 35.0 | 30 | 951949.5 | |||
| 30 | 2500 | 7.03 | 5.98 | 2.05 | 235.81 | 48163 | 26.4 | 16 | 589525.0 | |||
| 31 | 3653 | 6.84 | 6.08 | 2.13 | 413.08 | 49956 | 37.1 | 28 | 1508981.2 | |||
| 32 | 2440 | 6.94 | 6.08 | 2.08 | 625.22 | 45990 | 30.3 | 36 | 1525536.8 | |||
| 33 | 2600 | 7.07 | 6.13 | 2.73 | 274.30 | 45723 | 31.3 | 18 | 713180.0 | |||
| 34 | 2160 | 7.00 | 6.27 | 1.95 | 542.62 | 43800 | 29.6 | 36 | 1172059.2 | |||
| 35 | 2800 | 7.08 | 6.57 | 2.04 | 178.56 | 68711 | 32.9 | 18 | 499968.0 | |||
| 36 | 2757 | 6.75 | 6.90 | 1.62 | 375.33 | 65150 | 40.7 | 24 | 1034784.8 | |||
| 37 | 2450 | 6.81 | 6.94 | 1.95 | 329.09 | 39329 | 29.3 | 22 | 806270.5 | |||
| 38 | 2400 | 7.64 | 7.12 | 1.64 | 297.37 | 63657 | 37.3 | 29 | 713688.0 | |||
| 39 | 2270 | 6.62 | 7.39 | 1.78 | 323.17 | 67099 | 39.8 | 25 | 733595.9 | |||
| 40 | 2800 | 6.76 | 7.67 | 2.23 | 468.84 | 75151 | 33.9 | 28 | 1312752.0 | |||
| 41 | 2520 | 7.11 | 7.91 | 2.15 | 352.57 | 93876 | 35.0 | 40 | 888476.4 | |||
| 42 | 2487 | 7.05 | 8.08 | 2.83 | 380.34 | 79701 | 35.0 | 39 | 945905.6 | |||
| 43 | 2629 | 6.90 | 8.27 | 2.37 | 398.12 | 77115 | 35.9 | 30 | 1046657.5 | |||
| 44 | 3200 | 7.17 | 8.54 | 3.07 | 312.15 | 52766 | 33.0 | 17 | 998880.0 | |||
| 45 | 2335 | 6.75 | 8.58 | 2.19 | 452.16 | 32929 | 30.9 | 22 | 1055793.6 | |||
| 46 | 2500 | 7.45 | 8.72 | 1.28 | 698.64 | 87863 | 38.5 | 29 | 1746600.0 | |||
| 47 | 2449 | 7.00 | 8.75 | 1.76 | 367.19 | 73752 | 40.5 | 19 | 899248.3 | |||
| 48 | 2625 | 6.96 | 8.79 | 2.51 | 431.93 | 85366 | 32.1 | 29 | 1133816.3 | |||
| 49 | 3150 | 7.30 | 8.90 | 1.90 | 367.06 | 39180 | 34.8 | 18 | 1156239.0 | |||
| 50 | 2625 | 6.96 | 9.12 | 1.98 | 400.53 | 56077 | 38.0 | 19 | 1051391.3 | |||
| 51 | 2741 | 6.71 | 9.47 | 2.41 | 414.36 | 77449 | 37.0 | 34 | 1135760.8 | |||
| 52 | 2500 | 6.82 | 10.17 | 2.17 | 481.11 | 56822 | 34.7 | 25 | 1202775.0 | |||
| 53 | 2450 | 6.58 | 10.66 | 2.16 | 538.06 | 80470 | 36.4 | 30 | 1318247.0 | |||
| 54 | 2986 | 7.56 | 10.97 | 0.29 | 330.48 | 55584 | 36.8 | 21 | 986813.3 | |||
| 55 | 2967 | 6.98 | 11.34 | 1.85 | 249.93 | 78001 | 32.2 | 30 | 741542.3 | |||
| 56 | 3000 | 7.28 | 11.45 | 1.88 | 291.87 | 75307 | 34.8 | 30 | 875610.0 | |||
| 57 | 2500 | 6.76 | 11.51 | 2.19 | 517.40 | 76375 | 36.7 | 28 | 1293500.0 | |||
| 58 | 2600 | 6.92 | 11.73 | 2.56 | 551.58 | 61857 | 33.8 | 31 | 1434108.0 | |||
| 59 | 2800 | 6.73 | 11.83 | 2.16 | 386.81 | 61312 | 34.2 | 16 | 1083068.0 | |||
| 60 | 2986 | 6.91 | 11.95 | 2.10 | 427.50 | 72040 | 39.0 | 31 | 1276515.0 | |||
| 61 | 2223 | 6.77 | 12.47 | 1.98 | 453.94 | 92414 | 34.9 | 40 | 1009108.6 | |||
| 62 | 2300 | 7.33 | 12.80 | 0.87 | 512.46 | 92602 | 39.3 | 33 | 1178658.0 | |||
| 63 | 3799 | 7.87 | 13.78 | 1.07 | 345.27 | 59599 | 35.6 | 28 | 1311680.7 | |||
| 64 | 2700 | 6.95 | 14.09 | 3.38 | 234.04 | 72453 | 36.0 | 23 | 631908.0 | |||
| 65 | 2650 | 7.33 | 14.23 | 1.17 | 348.33 | 67925 | 41.1 | 16 | 923074.5 | |||
| 66 | 2500 | 6.95 | 14.60 | 2.14 | 348.47 | 42631 | 24.7 | 25 | 871175.0 | |||
| 67 | 2994 | 7.21 | 14.88 | 0.93 | 294.95 | 75652 | 40.5 | 25 | 883080.3 | |||
| 68 | 2718 | 7.25 | 15.42 | 2.22 | 361.14 | 39650 | 32.9 | 18 | 981578.5 | |||
| 69 | 3700 | 7.65 | 16.18 | 1.68 | 467.71 | 48033 | 30.3 | 15 | 1730527.0 | |||
| 70 | 2000 | 6.93 | 17.23 | 2.41 | 403.78 | 67403 | 36.2 | 19 | 807560.0 | |||
| 71 | 2400 | 6.79 | 18.43 | 2.81 | 245.74 | 80597 | 32.4 | 27 | 589776.0 | |||
| 72 | 2450 | 7.37 | 20.76 | 1.09 | 339.94 | 60928 | 43.5 | 21 | 832853.0 | |||
| 73 | 2575 | 6.76 | 25.54 | 0.64 | 400.82 | 73762 | 41.6 | 29 | 1032111.5 | |||
| 74 | 2400 | 7.97 | 28.81 | 1.77 | 326.54 | 64225 | 31.4 | 15 | 783696.0 | |||
| SqFt | Sales/Person | SalesGrowth% | LoyaltyCard% | Sales/SqFt | MedIncome | MedAge | BachDeg% | Annual Sales | ||||
| Mean | 2580.472972973 | 7.0440540541 | 7.4140540541 | 2.0264864865 | 420.3054054054 | 62807.7027027027 | 35.2013513514 | 26.3108108108 | 1059381.31445946 | |||
| Standard Error | 43.5834521166 | 0.0345559009 | 0.7701092572 | 0.0642118026 | 15.9537705276 | 2081.3294543554 | 0.4248330606 | 0.8142851024 | 32598.5637174162 | |||
| Median | 2500 | 7 | 7.03 | 2.075 | 396.01 | 62757 | 35 | 26.5 | 1035749.205 | |||
| Mode | 2500 | 7.03 | 4.05 | 2.04 | ERROR:#N/A | ERROR:#N/A | 34.8 | 29 | ERROR:#N/A | |||
| Standard Deviation | 374.9190313674 | 0.2972610997 | 6.6247303215 | 0.5523708116 | 137.2395233139 | 17904.2729542418 | 3.6545521714 | 7.0047453107 | 280423.448335629 | |||
| Sample Variance | 140564.280081451 | 0.0883641614 | 43.8870518327 | 0.3051135135 | 18834.6867594224 | 320562990.019993 | 13.3557515735 | 49.0664568678 | 78637310376.445 | |||
| Kurtosis | 3.7609207038 | 0.8543989501 | 1.1461660181 | 1.4536001998 | 2.8805131423 | -0.5116060091 | 0.1638814936 | -0.937297935 | -0.1320716281 | |||
| Skewness | 0.5271708372 | 0.9036315033 | 0.4937474711 | -0.7568911137 | 1.23589655 | 0.2978380118 | -0.1669958223 | 0.1405441956 | 0.3614133314 | |||
| Range | 2548 | 1.43 | 37.12 | 3.09 | 808.56 | 81424 | 18.8 | 26 | 1246632 | |||
| Minimum | 1251 | 6.54 | -8.31 | 0.29 | 178.56 | 32929 | 24.7 | 14 | 499968 | |||
| Maximum | 3799 | 7.97 | 28.81 | 3.38 | 987.12 | 114353 | 43.5 | 40 | 1746600 | |||
| Sum | 190955 | 521.26 | 548.64 | 149.96 | 31102.6 | 4647770 | 2604.9 | 1947 | 78394217.27 | |||
| Count | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 74 | 74 | |||
| 5-number summary | ||||||||||||
| Q0 | 1251 | 6.54 | -8.31 | 0.29 | 178.56 | 32929 | 24.7 | 14 | 499968 | |||
| Q1 | 2400 | 6.84 | 4.04 | 1.85 | 330.48 | 48033 | 32.4 | 20 | 875610 | |||
| Q2 | 2500 | 7 | 7.255 | 2.075 | 396.01 | 63941 | 35 | 26.5 | 1035749.205 | |||
| Q3 | 2749 | 7.175 | 11.48 | 2.31 | 482.745 | 76745 | 37.2 | 30.5 | 1222846.8 | |||
| Q4 | 3799 | 7.97 | 28.81 | 3.38 | 987.12 | 114353 | 43.5 | 40 | 1746600 | |||
| IQR | 349 | 0.335 | 7.44 | 0.46 | 152.265 | 28712 | 4.8 | 10.5 | 347236.8 |
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