Question
Start by making initial observations of the data. What types of variables are present? Is there anything that catches your eye? 2. Use at least
- Start by making initial observations of the data. What types of variables are present? Is there
anything that catches your eye?
2. Use at least two ways to summarize the qualitative data present in the data set with frequency
distributions and the various graphs/charts we have used in the class for Chapter 2.
3. Do the same thing with the quantitative data present. These four ways should be different
aspects from the data set. Interpret your results.
4. Pick two of the above graphs you chose and describe the shape of those distributions.
5. Why did you use the certain graphs you did? Are there any benefits over the other?
6. Now I want you to take two variables you think might be related. Create a scatterplot. Find the
covariance, correlation and interpret the results.
7. For the 2 examples you chose on Step 4, give me the best central tendency measure you feel is
right for the data sets. Then find their sample variances.
8. Create a box plot for me for one of the examples.
9. Depending on the distribution you get for Step 8, let me know where the limits of the
observations lie within 2 standard deviations of the mean. What does this mean in relation to
the variable?
Finally give me a summary of what you have discovered as a whole from this data set. You want the
Lending Club to know that you are very interested in working with them. Give them something to think
about.
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