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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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