Analysis of Fuel Price for Unleaded 91 in Queensland on September 11, 2018

Introduction
The objective of the given task is to analyse the fuel price for the state of Queensland as on
September 11, 2018. The focus in this regards would be the price of Unleaded 91 for which
80 sample data is available. Descriptive statistics is the tool of choice for conducting analysis
on the given sample data and is aimed at deriving the summary of the sample data. The given
sample has not been used for deriving any conclusions about the underlying population of
interest. The given data comprises of quantitative data expressed in numerical terms.
Analysis
The requisite graphical summary of the sample values of price of Unleaded 91 as on
September 11, 2018 in Queensland is indicated below.
The first key observation from the above histogram is that the shape is not symmetric. The
tail on the left hand tends to be greater than the tail on the right hand. This is true for
asymmetric shapes as in case of symmetric shapes the length of tail on both sides of the mean