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Capstone Project Part 1 Template Descriptive Statistics : Using Excel, calculate the following descriptive statistics and then interpret the results in context using a business
Capstone Project Part 1 Template
Descriptive Statistics: Using Excel, calculate the following descriptive statistics and then interpret the results in context using a business perspective. The analysis/interpretation should tell management what the descriptive statistic is revealing about the performance of the packaging process.
Descriptive Statistic | Value | Analysis/Interpretation |
Mean | ||
Median | ||
Mode | ||
Standard Deviation | ||
Range | ||
Lowest Value | ||
Highest Value | ||
Proportion of boxes below label weight | ||
Proportion of boxes above label weight | ||
Proportion of boxes below MAV | ||
Skewness |
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