Introduction and Summary 2 2 Basic Business Statistics

Running head: BASIC BUSINESS STATISTICS
Basic Business Statistics
Name of the Student:
Name of the University:
Author note:

BASIC BUSINESS STATISTICS1
Table of Contents
TASK 1......................................................................................................................................2
Introduction and Summary.....................................................................................................2
Analysis..................................................................................................................................2
Conclusion..............................................................................................................................7
TASK 2......................................................................................................................................8
Answer to the question 1........................................................................................................8
Answer to the question 2........................................................................................................8
Answer to the question 3........................................................................................................8
Answer to the question 4........................................................................................................9
Answer to the question 5........................................................................................................9
Answer to the question 6........................................................................................................9
Answer to the question 7........................................................................................................9
Answer to the question 8........................................................................................................9
TASK 3....................................................................................................................................10
Answer to the question 1......................................................................................................10
Answer to the question 2......................................................................................................10
Answer to the question 3......................................................................................................10
Answer to the question 4......................................................................................................11
Answer to the question 5......................................................................................................11
References and Bibliography...................................................................................................12

BASIC BUSINESS STATISTICS2
TASK 1
Introduction and Summary
The study is based on the survey data of 2017. The different variables has been
conducted in this study. These are domicile status, age, accommodation type, accommodation
satisfaction, time spent on computer, time spent on exercise, the sample observation are part
time worked or not, if yes then how many hours, hourly wage rate, study about math, GCSE
points and if the student get A level points, then what is their score (Gibbons and Matias
2013). In study there some variable are categorical and some of quantitative. The summary
statistics, frequency distribution and the graphical representation has been conducted in this
study. There are 151 observations has been included in this study.
Analysis
Table 1 Frequency Distribution of Type of Student
Table 1 shows the frequency distribution of type of student. It has been seen that there
are three types of students. These are UK, EU and the international students (Parmar, Torri
and Stewart 2015). The highest number of observations has been seen in the UK category.
Similarly the smallest number of students has been seen in the international students’
category.

BASIC BUSINESS STATISTICS3
Table 2 Summary Statistics on Type of Students
From table 2 it has been seen that the mean of the type of student is 50.33. The
median or the second quartile is 52 (Parmar, Torri and Stewart 2015). The mode of the
student type does not exist, because there is no repetition of the data sheet. Since the mean of
the student is smaller the median, hence the skewness of the data set is negative. The value of
the skewness -1.59. The variability of these data set is 14.33.
35%
34%
30%
Type of the Student
UK EU International
Figure 1 Pie chart on type of the Student
From the pie chart it has been seen that the highest percentage of the student belong
from UK. Similarly the smallest percentage of the student belong from international students.