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Use descriptive statistics to compare and contras t the monthly credit card Balance between the three Type s of credit cards ( Gold, Standard, Low
- Use descriptive statistics to compareand contrast the monthly credit card Balancebetween the three Types of credit cards (Gold, Standard, Low Interest)in the sample. Include; comments on values (measures of central location, dispersion and skewness) from your explore output, and references to graphs. My expectation is that your written answer will be less than one page long and you may structure it in bullet point style.
Type Statistic Std. Error Balance Gold Mean $3,075.38 $105.661 95% Confidence Interval for Lower Bound $2,864.99 Mean Upper Bound $3,285.78 5% Trimmed Mean $3,078.49 Median $2,835.00 Variance 870806.993 Std. Deviation $933.170 Minimum $1,100 Maximum $4,850 Range $3,750 Interquartile Range $1,583 Skewness 170 .272 Kurtosis -.929 .538 Standard Mean $1,759.99 $38.379 95% Confidence Interval for Lower Bound $1,684.64 Mean Upper Bound $1,835.34 5% Trimmed Mean $1,691.88 Median $1,565.00 Variance 1022239.004 Std. Deviation $1,011.058 Minimum $150 Maximum $5,380 Range $5,230 Interquartile Range $1,195 Skewness 1.000 093 Kurtosis 685 185 Low Interest Mean $1,141.87 $103.130 95% Confidence Interval for Lower Bound $936.51 Mean Upper Bound $1,347.23 5% Trimmed Mean $1,017.60 Median $950.00 Variance 829592.840 Std. Deviation $910.820 Minimum $150 Maximum $6,200 Range $6,050 Interquartile Range $638 Skewness 3.088 272 Kurtosis 13.104 538
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