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Riverside County Town Case 4

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Riverside County Town Case 4
Case 2: The Case of the Riverside County Town

Objective: To use the statistical data/analysis provided by Fliege & Associates, to make an informed decision in determining which type of property (business) I should have built on recently inherited land in Riverside County California. I will use the descriptive statistical analysis report given on the demographical information for the county, in regards to its population of residents; to compare and contrast to a recent case study involving a similar tract of land in a likewise small community located approximately one hour away in San Diego California.

Initial analysis of age demographics:

|FREQUENCY TABLE | …show more content…
|CLASS (Age in Yrs) |FREQUENCY (Population) |RELATIVE FREQUENCY (% of Population) |CUMMULATIVE FREQUENCY (Cumulative |
| | | |Population) |
|Lower Limit |Upper Limit |
| |RIVERSIDE |SAN DIEGO | |
|MEDIAN |25.8 |57.2 |Years |
| MEAN |30.4 |53.4 |Years |
|STD DEV |21.41 |18.81 |Years |
|CV |0.7 |0.35 |
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