Week 4-Applied business research - Assignment Example

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Produce a histogram of a new variable, ELDERLY that demonstrates the number of residents per 100,000 who are over the age of 65 (OVERAGE65). Insert the title, Distribution of Residents Over the Age of 65, per 100,000. (See Pearson about pp. 153 – 156).
From the boxplot,…

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Subject: Business
Type: Assignment
Level: Ph.D.
Pages: 4 (1000 words)
Downloads: 3
Author: xzavierprohaska

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It does not make any assumptions of the underlying statistical distribution and the line extending perpendicularly designates the variability outside the lower and upper terms. Unlike the histogram, the boxplot enables the visualization of range, interquartile range and trimean. Its mean estimation is more realistic unlike the histogram that indicates a mean of 59609.46 which is apparently too high and irrational. * The power of the graphic can also be improved by using sharper arrows and different colors that signposts different concepts or directions.

This can be attained by selecting the appropriate theme in the design

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