Capstone Project Part 1 Template Descriptive Statistics : Using Excel, calculate the following descriptive statistics and then
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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 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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