Week 4 Discussion Template Applying Numeric (Summary) Measures Part A: Comparing two groups using a single quantitative variable 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 Listings for Male Realtors Mean Standard Error Median Mode 4.079365 7.238095 2.051602 Sum Count S 0 Standard Deviation 9.401621 pratica 88.39048 Sample Variance Sample Kurtosis CLASS 12.4364 Skewness 3.234869 Range Minimum Maximum 44 1 0 44 152 21 Mean Standard Error Median Mode Standard Deviation Sample Variance Sample Kurtosis Skowe Skewness new! Range Minimum Maximum 12.31579 3.765846 10 6 Measure used (one is required, a 2nd is optional) Mean 16.41494 269,4503 14.09694 3.54549 Sum Count 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. 76 0 76 234 19 Comparing the center of the listings data for the male and female realtors (put your answer in the table below): Conclusion drawn Why is that a good measure to compare the center of these two groups? Easier to understand and no outliers was present Realtor group Male realtors Female realtors Shape of the data Explain your answer Are there outliers? (put your answer in the table below) Realtor group Are there outliers? Male realtors Female realtors Explain your answer

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**Week 4 Discussion Template**

**Applying Numeric (Summary) Measures**

**Part A: Comparing two groups using a single quantitative variable**

The descriptive statistics below show the summary measures for the number of listings for the male and female realtors in your Mt. Pleasant data set.

| |Listings for Female Realtors| |Listings for Male Realtors|
|:--|:--:|:--|:--:|
|Mean|7.238095| |12.31579|
|Standard Error|2.051602| |3.765846|
|Median|5| |10|
|Mode|0| |6|
|Standard Deviation|9.401621| |16.41494|
|Sample Variance|88.309524| |269.4503|
|Kurtosis|12.4364| |14.09694|
|Skewness|3.234869| |3.54549|
|Range|76| |76|
|Minimum|0| |0|
|Maximum|76| |76|
|Sum|152| |234|
|Count|21| |19|

Use these statistics to draw conclusions about these two groups of realtors. Explain/justify all of your conclusions as you respond to each item below.

**Comparing the center of the listings data for the male and female realtors (put your answer in the table below):**

| | | |
|:--|:--|:--|
|Conclusion drawn|4.079365| |
|Measure used (one is required, a 2nd is optional)|Mean| |
|Why is that a good measure to compare the center of these two groups?|Easier to understand and no outliers was present| |

**Realtor Group Data Analysis:**

|Realtor group|Shape of the data|Explain your answer|
|:--|:--|:--|
|Male realtors| | |
|Female realtors| | |

**Are there outliers? (put your answer in the table below):**

|Realtor group|Are there outliers?|Explain your answer|
|:--|:--:|:--|
|Male realtors| | |
|Female realtors| | |
Transcribed Image Text:**Week 4 Discussion Template** **Applying Numeric (Summary) Measures** **Part A: Comparing two groups using a single quantitative variable** The descriptive statistics below show the summary measures for the number of listings for the male and female realtors in your Mt. Pleasant data set. | |Listings for Female Realtors| |Listings for Male Realtors| |:--|:--:|:--|:--:| |Mean|7.238095| |12.31579| |Standard Error|2.051602| |3.765846| |Median|5| |10| |Mode|0| |6| |Standard Deviation|9.401621| |16.41494| |Sample Variance|88.309524| |269.4503| |Kurtosis|12.4364| |14.09694| |Skewness|3.234869| |3.54549| |Range|76| |76| |Minimum|0| |0| |Maximum|76| |76| |Sum|152| |234| |Count|21| |19| Use these statistics to draw conclusions about these two groups of realtors. Explain/justify all of your conclusions as you respond to each item below. **Comparing the center of the listings data for the male and female realtors (put your answer in the table below):** | | | | |:--|:--|:--| |Conclusion drawn|4.079365| | |Measure used (one is required, a 2nd is optional)|Mean| | |Why is that a good measure to compare the center of these two groups?|Easier to understand and no outliers was present| | **Realtor Group Data Analysis:** |Realtor group|Shape of the data|Explain your answer| |:--|:--|:--| |Male realtors| | | |Female realtors| | | **Are there outliers? (put your answer in the table below):** |Realtor group|Are there outliers?|Explain your answer| |:--|:--:|:--| |Male realtors| | | |Female realtors| | |
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