This assignment will assess your ability to apply the concepts of chapters 1-3 to conduct an analysis of data on 4 variables collected from the 50 US states (Home Values). You will calculate various d

Case Study - Data Visualization and Descriptive Statistics

Insert your name here

Wilmington University

Survey of Data Analytics

MBA.6350

Dr. Shawn K. McCloud

May XX, 2020

Case Study - Data Visualization and Descriptive Statistics

Introductio n

This section should clearly summarize the purpose of the analysis you are undertaking (per instruction 6a). One or two paragraphs should suffice.

When completing this assignment please remember the primary objective of scientific reporting is clear communication (American Psychological Association [APA], 2010, p. 65). In this context, clear communication means presenting ideas in an orderly manner and by expressing yourself smoothly and precisely (APA, 2010, p. 65). To this end, your writing should be concise and communicate your ideas clearly and effectively (APA, 2010, p. 65).

Writing in APA style is concerned with economy of expression which means “say only what needs to be said” (APA, 2010, p.67). Moreover, “short words and short sentences are easier to comprehend than are long ones” (APA, 2010, p. 67). Per Strunk (2014), “a sentence should contain no unnecessary words, a paragraph no unnecessary sentences, for the same reason that a drawing should have no unnecessary lines and a machine no unnecessary parts” (p. 27). Additionally, per Strunk (2014), “prefer the specific to the general, the definite to the vague, the concrete to the abstract” (p. 24).

Overall, your goal should be to examine the statistical data, charts, graphs, etc. and then tell a story about it, per these guidelines (and adhering to the assignment instructions), so that you demonstrate your understanding of the data and can convey critical findings to a reader that may have much less statistical knowledge than you. Think of yourself as a data analyst that needs to put together a meaningful Executive Summary report for your non-statistical boss at work to easily read and understand.

Descriptive Statistics

This section should describe what the tabular data (from step 1 of the assignment) indicates about the central tendency, variability, and distribution of each variable (per instruction 6b). For example, do the variables appear to be distributed in a symmetric or skewed pattern?

Please remember to utilize statistical terms in describing the data and include applicable tables and/or charts (from steps 1-5 of the instructions and from your Excel data). One or two paragraphs should suffice and ensure any graphs or tables have titles and, if applicable, the axes are labeled clearly.

Frequency Histograms and Boxplots

This section should describe how the frequency histograms and the boxplots (from steps 2 and 3 of the assignment) support and clarify the findings of the tabular data (per instruction 6c). Be sure to include any evidence suggesting outliers in the data.

Scatterplots and Correlations

This section should describe what the scatterplots and correlations (from steps 4 and 5) indicate about the relationship between the various pairs of variables (per instruction 6d). For example, all of the following points for all relationships should be addresses: 1) are the variables related; 2) does the relationship appear to be linear or nonlinear; and, 3) is the direction of the relationship positive or negative?

Conclusion

This final section contains a concluding paragraph (per instruction 6e) summarizing the key findings of the analysis and making recommendations for the variable among HH Inc, Per Cap Inc and Pct Owner Occ that is most strongly correlated with Home Value.

References

If you use any references (although not required for this assignment) you would list them here… in alphabetical order. If you do not use any references please remove this Reference page before you submit your assignment. Following is how a reference should appear in APA immediately following the “References” heading on the page:

American Psychological Association. (2010). Publication manual of the American Psychological Association (Sixth). American Psychological Association.

Jaggia, S. & Kelly, A. (2019). Business Statistics: Communicating with Numbers 3rd Edition (3rd ed.). New York, NY: McGraw-Hill Education.

Strunk, W. (2014). The elements of style.