The descriptive statistics presented below are the summary measures for the number of listings for the male and female realtors in your Mt. Pleasant data set. Listings for Female Realtors Mean Standard Error Median Mode Standard Deviation 9.401621 Sample Variance 88.39048 Kurtosis 12.4364 Skewness 3.234869 Range Minimum Maximum 7.238095 2.051602 Sum Count 5 ol 44 0 44 152 21 Listings for Male Realtors Mean Standard Error Median Mode Standard Deviation Sample Variance Kurtosis Skewness Range Minimum Maximum Sum Count 12.31579 3.765846 10 61 16.41494 269.4503 14.09694 3.54549 76 0 76 234 19 Use the statistics provided to draw conclusions about these two groups of realtors. Explain/justify all of your conclusions as you respond to each item below. Compare the center of the listings data for the male and female realtors (put your answer in the table below): Conclusion drawn Measure used (one Why is that a good measure to is required, a 2nd is optional) compare the center of these two groups? Compare the variability of the listings data for the male and female realtors (put your answer in the table below): Conclusion drawn Measure used (one Why is that a good measure to is required, a 2nd is compare the variability of these optional) two groups?
The descriptive statistics presented below are the summary measures for the number of listings for the male and female realtors in your Mt. Pleasant data set. Listings for Female Realtors Mean Standard Error Median Mode Standard Deviation 9.401621 Sample Variance 88.39048 Kurtosis 12.4364 Skewness 3.234869 Range Minimum Maximum 7.238095 2.051602 Sum Count 5 ol 44 0 44 152 21 Listings for Male Realtors Mean Standard Error Median Mode Standard Deviation Sample Variance Kurtosis Skewness Range Minimum Maximum Sum Count 12.31579 3.765846 10 61 16.41494 269.4503 14.09694 3.54549 76 0 76 234 19 Use the statistics provided to draw conclusions about these two groups of realtors. Explain/justify all of your conclusions as you respond to each item below. Compare the center of the listings data for the male and female realtors (put your answer in the table below): Conclusion drawn Measure used (one Why is that a good measure to is required, a 2nd is optional) compare the center of these two groups? Compare the variability of the listings data for the male and female realtors (put your answer in the table below): Conclusion drawn Measure used (one Why is that a good measure to is required, a 2nd is compare the variability of these optional) two groups?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Please help me fill out these 2 tables for my analytics business stats class…. I am very confused on what to put.
Transcribed Image Text:The descriptive statistics presented below are the summary measures for the number of listings for the
male and female realtors in your Mt. Pleasant data set.
Listings for Female Realtors
Mean
Standard Error
Median
Mode
Range
Minimum
Maximum
7.238095
2.051602
Standard Deviation 9.401621
Sample Variance
88.39048
Kurtosis
12.4364
Skewness
3.234869
Sum
Count
5
0
44
0
44
152
21
Listings for Male Realtors
Mean
Standard Error
Median
Mode
Standard Deviation
Sample Variance
Kurtosis
Skewness
Range
Minimum
Maximum
Sum
Count
12.31579
3.765846
10
6
16.41494
269.4503
14.09694
3.54549
76
0
76
234
19
Use the statistics provided to draw conclusions about these two groups of realtors. Explain/justify all of
your conclusions as you respond to each item below.
Compare the center of the listings data for the male and female realtors (put your answer in the table
below):
Conclusion drawn
Measure used (one Why is that a good measure to
is required, a 2nd is
optional)
compare the center of these
two groups?
Compare the variability of the listings data for the male and female realtors (put your answer in the
table below):
Conclusion drawn
Measure used (one Why is that a good measure to
is required, a 2nd is
compare the variability of these
optional)
two groups?
Expert Solution
Step 1
We have to draw conclusions considering both the given table information for Female realtors and male realtors
Step by step
Solved in 3 steps
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman