# Gm 533 Project Part a

LocationFrequency

Urban21

Suburban15

Rural14

As the Pie Chart above shows the majority of the customers comes from the rual areas totaling 42%

The Second will be the size chart. This will measure tendency, variation, mean, median and mode. Descriptive Statistics:

Size

Mean3.42

Standard Error0.24593014

Median3

Mode2

Standard Deviation1.73898868

Sample Variance3.02408163

Kurtosis-0.7228086

Skewness0.52789598

Range6

Minimum1

Maximum7

Sum171

Count50

Frequency Distribution:

SizeFrequency

15

215

38

49

55

65

73

The mean household size of the customers is given as 3.42. The median of the data is 3 and the mode is 2. The standard deviation is given approximately as 1.74. Maximum number of customers has a household size of 2 as is evident from the frequency distribution and the bar graph.

The Third chart is over credit Balance.

Descriptive Statistics:

Credit Balance($)

Mean3964.06

Standard Error132.0159991

Median4090

Mode3890

Standard Deviation933.4940816

Sample Variance871411.2004

Kurtosis-0.741830067

Skewness-0.129506489

Range3814

Minimum1864

Maximum5678

Sum198203

Count50

Relative Frequency Distribution:

Credit Balance ($)FrequencyRelative Frequency

1500 - 200010.02

2000 - 250020.04

2500 - 300060.12

3000 - 350060.12

3500 - 400080.16

4000 - 4500120.24

4500 - 500070.14

5000 - 550060.12

5500 - 600020.04

The mean credit balance of the customers is given as $3964.06. The standard deviation is 933.49. The credit balance of the customers is more of the bell shaped distribution lying in the range $4000 - $4500. This is where your most customers with a credit balance will lie. At the top of the peak.

The relationship between the variables Income and Size

There is no definite relationship or association between the two...

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