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Friday, October 11, 2013

Statistics Project a

Introduction & Overview AJ DAVIS is a department store chain who would neediness to find out more details about just about of their consumers. They indispensableness to focus specifically around their acknowledgment customers. To go an analysis, a sample pay off of 50 quotation customers were indiscriminately selected with data self-contained on five variables. inclination of variables 1. localisation a. unsophisticated b.Urban c.Suburban 2.Income 3.Household size 4.Years living at current abidance 5. sure AJ Davis character card balance Individual Variables Although data was collected and analyzed for all five variables well be looking well at iii signifi screwt variables in more detail, Location, pose 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 digest buoy use to polish off business decisions. digest of Locati on: The residential location data showed where the majority of the credence consumers reside. 42% of the credit consumers reside in an urban heavens making that the largest of the three locations identified. Almost half of the consumers, 21 to be exact, reside in an urban ara. 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 coterie 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 quality of data can provide AJ Davis with vis ibility into what geographical markets they ! are successful in or those they should target more aggressively. outline 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 above 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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