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Business -----Summarizing Data - Statistics Project Example

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Summary to statistics project on topic "Business statistics-----Summarizing Data"
According to the report of AMA, we can conclude the following. From the period of 1980s to 2000 various changes have been noticed in the population structure. During the period population has grown by 5.2%. During the period, population growth rate of men is around 7% and for women it is around 3.3%…
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Download file "Business statistics-----Summarizing Data" to see previous pages... Given this trend income is likely to increase and people now can afford more luxury items. The major increase was in people earning above $40000 and decline in the income below that range. This shows that this income is becoming a base-line income with time.
During the same period there has been increase in Asian ethnicity in the USA and decrease in other ethnicities.
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So, in developing country those snacks the taste of Asian community should be under great consideration and as they have increased by about 60% in 2000 when comparing with 1990s.
Similarly there has been a trend that people are moving towards buying their own house than living in rented house. This shows increase in Living Standard and Disposable income which mean that people will be able to afford the snacks if they are good.
As far as employment statistics are concerned there has been an increase in absolute number of people employed but percentage wise unemployment has risen which is not a good indicator. Those in work, Most of them drive themselves to work alone. This shows the increase in living standard as people are not using motor cycles to work and very few of them taking public transport to work. Most of the people take around 20-34 minutes to reach their work. ...Download file "Business statistics-----Summarizing Data" to see next pagesRead More
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