Analyzing Central Tendency of Data,

We all have heard or read mainstream statistics used in many contexts. These are statistics such as mean, median, minimum, maximum, correlation etc. Alone, they can provide interesting insights or misleading figures. Taken together, we begin to see the shape of the data including the center, and spread around that center.

This week, collect a dataset of interest with at leasttwo continuous numerical variables. Produce an analysis discussing center and spread of the data. Do this by visualizing the data (histogram, boxplot etc.) and stating calculated statistics(mean, skewness, standard

deviation etc.) for each variable that you find relevant. Also begin to explore relationships between each variable (correlation coefficient, coefficient of variation etc.).

Provide ample detail to discuss with your colleagues in depth about the data you chose.

Note: My recommendation is that you perform all of your calculations by hand in Excel. You may also use the dataset you plan to use and analyze for the course project for a head start on that assignment.