Course Project: AJ DAVIS DEPARTMENT STORESIntroductionAJ DAVIS is a department store chain, which has many credit customers and wants to find out more information about these customers. A sample of 50 credit customers is selected with data collected on the following five variables.1. Location (rural, urban, suburban)2. Income (in $1,000’sbe careful with this)3. Size (household size, meaning number of people living in the household)4. Years (the number of years that the customer has lived in the current location)5. Credit balance (the customers current credit card balance on the store’s credit card, in $).The data is available in Doc Sharing Course Project Data Set as an Excel file. You are to copyand paste the data set into a minitab worksheet.PROJECT PART A: Exploratory Data AnalysisOpen the file MATH533 Project Consumer.xls from the Course Project Data Set folder inDoc Sharing.For each of the five variables, process, organize, present, and summarize the data.Analyze each variable by itself using graphical and numerical techniques ofsummarization. Use minitab as much as possible, explaining what the printout tells you.You may wish to use some of the following graphs: stem-leaf diagram, frequency orrelative frequency table, histogram, boxplot, dotplot, pie chart, bar graph. Caution: Not allof these are appropriate for each of these variables, nor are they all necessary. More isnot necessarily better. In addition, be sure to find the appropriate measures of centraltendency and measures of dispersion for the above data. Where appropriate use the fivenumber summary (the Min, Q1, Median, Q3, Max). Once again, use minitab asappropriate, and explain what the results mean.Analyze the connections or relationships between the variables. There are 10 pairingshere (location and income, location and size, location and years, location and creditbalance, income and size, income and years, income and balance, size and years, sizeand credit balance, years and Credit Balance). Use graphical as well as numericalsummary measures. Explain what you see. Be sure to consider all 10 pairings. Somevariables show clear relationships, while others do not.Prepare your report in Microsoft Word (or some other word processing package),integrating your graphs and tables with text explanations and interpretations. Be sure thatyou have graphical and numerical back up for your explanations and interpretations. Beselective in what you include in the report. I’m not looking for a 20-page report on everyvariable and every possible relationship (that’s 15 things to do). Rather, what I want youdo is to highlight what you see for three individual variables (no more than one graph foreach, one or two measures of central tendency and variability (as appropriate), and twoor three sentences of interpretation). For the 10 pairings, identify and report only on threeof the pairings, again using graphical and numerical summary (as appropriate), withinterpretations. Please note that at least one of your pairings must include location and atleast one of your pairings must not include location.All DeVry University policies are in effect, including the plagiarism policy.Project Part A report is due by the end of Week 2.Project Part A is worth 100 total points. See grading rubric below.Submission: The report from Part 4, including all relevant graphs and numerical analysis alongwith interpretationsFormat for report:A. Brief introductionB. Discuss your first individual variable, using graphical, numerical summary, andinterpretationC. Discuss your second individual variable, using graphical, numerical summary, andinterpretationD. Discuss your third individual variable, using graphical, numerical summary, andinterpretationE. Discuss your first pairing of variables, using graphical, numerical summary, andinterpretationF. Discuss your second pairing of variables, using graphical, numerical summary, andinterpretationG. Discuss your third pairing of variables, using graphical, numerical summary, andinterpretationH. ConclusionProject Part A: Grading RubricCategoryPoints % DescriptionThree Individualgraphical analysis, numerical analysis (whenVariables3636appropriate) and interpretation12 points eachThree Relationshipsgraphical analysis, numerical analysis (when454515 points eachappropriate), and interpretationwriting, grammar, clarity, logic, cohesiveness,Communication Skills 1919adherence to the above formatA quality paper will meet or exceed all of theTotal100100above requirements.
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