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Saturday, December 7, 2013

Statistics Project a

Introduction & Overview AJ DAVIS is a department store chain who would concupiscence to find out more details about closely of their consumers. They postulate to focus specifically around their acknowledgment customers. To crowd out an analysis, a sample pay off of 50 commendation customers were indiscriminately selected with information self-contained on five variables. leaning of variables 1. localisation a. country b.Urban c.Suburban 2.Income 3.Household size 4.Years living at current domicil 5. sure AJ Davis consultation card balance Individual Variables Although data was collected and analyzed for all five variables well be flavour well at iii signifi screwt variables in more detail, Location, introduce carte Balance and Consumer Income. These three variables stand out because when they be paired with any of the other variables they provide substance that AJ Davis can buoy use to polish off business decisions. outline of Lo cation: The residential location data showed where the majority of the deferred payment consumers reside. 42% of the credit consumers reside in an urban domain of a function making that the largest of the three locations identified. Almost half of the consumers, 21 to be exact, reside in an urban bea. The suburban area was the second largest, but not by very much.
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The pie chart shows that consumers residing in this area make up 30% of the sample bushel with a agree of 15 out of 50 consumers residing there. Rural areas consist of 28% of the credit consumers with 14 customers residing there. This font of dat a can provide AJ Davis with visibility into ! what geographical markets they are successful in or those they should target more aggressively. analytic thinking of Credit Card Balance: VariableMinimumMaximum MeanModeStDev swerveQ1MedianQ3 Credit Balance($)$1,864$5,678$3,964$3,890$933$3,814 $3,109$4,090$4,748 The data preceding(prenominal) summarizes the debt balances for the sample set of 50 consumers who use AJ Daviss credit cards. The balances start as low as $1,864 and go as...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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