# Descriptive Statistics

Pages: 2 (403 words) Published: October 15, 2010
ASSIGNMENT 1

Instructions: The Assignment consists of two parts. Please attempt both PART A and PART B. Analyze the results of your statistical processing and provide practical managerial implications wherever applicable. Your assignment should have a cover page including the Group number and the names of the Group members. The assignment should be handed over as a printed copy on the due date. In addition an electronic copy should also be submitted to the HULT online course page. The file you are uploading should be named as ASSIGNMENT1_GROUPNUMBER e.g. Group Number 1 will name the folder as ASSIGNMENT1_GROUP1. Any one member of the group should upload it to the Assignment section of the course homepage on HULT Online. *Assignments submitted after the due date will not be accepted.

PART A
Netvalley.vom compiled a list of top 100 banks in the United States according to the total assets. Leading the list was Bank of America, followed by JP Morgan Chase and Citibank. Following is an Excel Analysis of total assets (\$ billions) of these banks using the descriptive statistics feature. Study the output and describe what you can learn about the assets of these top 100 banks from the output.

Top 100 Banks in the U.S

Mean Standard Error Median Mode Standard Deviation Sample Variance Kurtosis Skewness Range Minimum Maximum Sum Count

76.5411 17.93374 21.97 13.01 179.3374 32161.9 22.2632 4.586275 1096.01 8.99 1105 7654.11 100

PART B
During the 1990s, businesses were expected to show a lot of interest in Central and Eastern European countries. As new markets began to open, American business people needed a better understanding of the market potential there. The following are the per capita GDP figures for eight of these European countries published by the World Almanac. Note: The per capita GDP for US is \$44,000.

Per Capita GDP of 8 select European countries:

Country Albania Bulgaria Croatia Czech Republic Hungary Poland Romania Bosnia/Herzegovina...