STAT 200 Assignment #2

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.