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Step #1: Understanding the task to be addressed: You are interviewing for a new job as a Financial Advisor and have been asked to perform
Step #1: Understanding the task to be addressed: You are interviewing for a new job as a Financial Advisor and have been asked to perform the following task: Using the provided real world data determine the budgetary expenditures for groceries (food) your client should anticipate, assuming your client has the following social/economical family profile. In Assignment 2 you will have leeway in selecting your client's social/economical family profile. Profile: Family Income $97,000.00 Marital Status Single Family Size Three (3) Age Forty five (45) Step #2: Review the provided sample data set provided. The data is a subsample from the US Department of Labor's Consumer Expenditure Surveys (CE) and provides information about the composition of households and their annual expenditures (https://www.bls.gov/cex/). Detailed information on the sample and variables is included with the data set file; please carefully review this information to familiarize yourself with the data Note: This data set will be used for all three of this term's written assignments
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