Math 533 Part a Essay

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Course Project Part A | By Monisha Crawford Math 553 Joni Bynum November 9, 2014 | Course Project Part A Income The range of the incomes of the 50 sampled AJ Davis customers are between 25,000 and 74,000 with an average income of 45,550 with a standard deviation of 13,620. Min 25.00 Q1 33.00 Mean 45.55 Median 44.00 Q3 57.00 Max 74.00 Stem and Leaf Plot 2 55679 3 000223334 3 5568 4 0022334 4 556779 5 3444 5 7778 6 01124 6 568 7 14 Household The range of the amount of people per household is between one and eight with the average household size being 4.429. Based on 50 households 25 has a household size below four and 25 has a household size above four. Min 1.00 Q1 2.00 Mean 4.429 Median 4.00 Q3 7.00 Max 8.00 Credit Card Balance Credit card balances of all 50 customers have a range of 2,047 to 5,756 with the average credit card balance being 4,119. 25 customers have balances above 4,253 and 25 customers have balances below 4,253. Min 2,047 Q1 3,281 Mean 4,119 Median 4,253 Q3 4,907 Max 5,756 Location and Credit Card Balance Looking at the variable location you can see that the urban area has the biggest credit card balance, the suburban location has the highest minimum balance as well as highest median and highest maximum balance. Rural Min | 2,047 | Q1 | 2731.5 | Median | 3,039 | Q2 | 3280.5 | Max | 3788 | Sum | 39,510 | Suburban Min | 3,155 | Q1 | 4,253 | Median | 4,787 | Q2 | 5295.25 | Max | 5,756 | Sum | 67,014 | Urban Min | 2631 | Q1 | 4067 | Median | 4,331 | Q2 | 4642.75 | Max | 5553 | Sum | 95,288 |