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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

278.0222

Median

279.6809

Mode

NA

Standard Deviation

15.2169

Range

57.7273

Lowest Value

244.563

Highest Value

299.2903

Proportion of boxes below label weight

352

Proportion of boxes above label weight

148

Proportion of boxes below MAV

Skewness

-0.49912

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