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The Internal Revenue Service ( IRS ) wants to develop a method for detecting whether or not individuals have overstated their deductions for charitable contributions
The Internal Revenue Service IRS wants to develop a method for detecting whether or not individuals have overstated their deductions for charitable contributions on their tax returns. To assist in this effort, the IRS supplied data found in the worksheet titled "Problem listing the adjusted gross income AGI Gender, Education Level, and Charitable Contributions CC for tax payers whose returns were audited.
a Find the mean, median, mode up to three standard deviation, min, and max. values for the AGI and CC Provide a short discussion on the values of the mean and the median.
b Create a box plot for the CC values. Are you able to identify any outliers by looking at the box plot?
c Calculate the zscore for each CC value. Are you able to identify any outliers by looking at the zscores?
d Create a frequency table and chart for the AGI values using $ increments starting from the min value to the max value. Provide a short discussion on your chart.
e Prepare a scatter plot of the data between the AGI and CC for female and male taxpayers on the same chart with different colors. Comment on your results.
f How might the IRS use these results to identify returns with unusually high charitable contributions? Is it a good idea to just look for outliers in CC values as we did in parts b and c Provide a short discussion.
This is what the excel data looks like i was able to do most of a and c but im confused on how to do the rest in excel. I also think i did the modes.multi wrong since it cake up with the same number for all of them.
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