Analyze
a dataset and describe the situation using summary measures. (You may want to select
an exercise from the text (pages 120 – 121) for discussing the appropriateness
of various descriptive statistics. Also, describe why certain descriptive
statistics are inappropriate for your dataset.
Your
report should include the description of the situation, objectives (why you are
summarizing the data), description of variables, and interpretation of relevant
summary measures.
Enhance
your report with appropriate charts and graphs.
Application
Case: Discuss the use of descriptive statistics in analyzing stock market
behavior (DJIA and NASDAQ) - write a short report.
Profession-Related
Project: If you are working on a dataset from your profession, you are exempt
from the above. I expect you to describe and interpret your dataset using appropriate
descriptive statistics, charts and tables.