Introduction I am 43 years old and married with three children. My income is $98

Introduction
I am 43 years old and married with three children. My income is $98,000 annually. The variables included:  SE- Income, SE – Marital status, SE family size, and USD food.
Variable/Data   Set
Description
Variable   Type
Variable 1 “Income”
Annual Income   (USD)
Quantitative
Variable 2
“Age” 
Head of Household   Age
Qualitative
Variable 3
“Size of family”
No. of people in   household
Quantitative
Income is necessary for basic needs for the survival of the family.
Numerical Summary
For income, the median is the measure of central tendency, the variable is quantitative. If any outliers or if the data is not distributed normally, the median is the best measure for central tendency.


Posted

in

by

Tags:

Get 30% off your first order

X
CLICK HERE TO ORDER