Mean Median Mode - Standard Deviation - Confidence Interval - Statistics Assignment Help

Assignment Task:

Mean Median Mode Statistics Assignment Help

GUIDELINE OF STAGES INVOLVED IN THE PROJECT

STAGE 1: 

Select a data-set of your choice and interest, containing at least a hundred data points (ideally more) --- for this stage single variable is necessary and sufficient to consider. However, you may look out for multiple variables keeping stage 3 in mind. [The selection of the data/problem context is left entirely to you. While making your selection, keep in mind some interesting inferential problems that could be answered using the data. Once you select the data, you should: 

a.    compute 4 to 5 summary statistics;
b.    make 2 to 3 pictorial representation that best summarizes and communicates the characteristics of the chosen data set; 
c.    write a small but focused report (within a page) communicating the significance of your reported summary statistics and graphical representations, with specific reference to your data;  
d.    identify some of the parameters /queries of possible interest in this context, that in your judgment can be inferred from the data or require some additional data that is possible to collect. 
e.    Using part d), formulate some interesting inference problems.

STAGE 2: 
Now carry out formal statistical inferences. Find suitable confidence intervals for one or more parameters that would be relevant and important in the chosen context. Similarly, carry out one or more testing of hypothesis from real context. Ideally, these should be connected with parts d) and e) of Stage 1. This is the most critical stage of the project --- you would be evaluated on how well you are able to formulate the real-life problem into a structured statistical inference problem and implication of the result in address the specific real-life context.

STAGE 3: 
Carry out a suitable simple and/or multiple linear regression analysis. Ideally, this could be connected with the data considered in Stage 1 (by augmenting more variables). However, if you are really stuck, you can take another context/data, if required. 

The project work need not be limited to the above steps. Any statistical method that would be applicable to the problem context and would receive due to recognition.

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