Sheet1 Statistics TotalSpendCarValueHouseholdIncomeAgeBrandTenure_Months NValid50005000500050005000 Missing00000 Mean XXXXXXXXXX$23, XXXXXXXXXX$54, XXXXXXXXXX47.0338.20 Std. Error...

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Using the attached ExcelHomework 3 Data Inputsfile (it contains the results of Frequency analysis completed in SPSS, as illustrated in class), you are to compute 95% (α=0.5) AND 99% (α=.01) confidence intervals for all 5 variables included in the said Excel file (please note that you will need to identify the appropriate parts of the output and use appropriate confidence interval formulations).


Sheet1 Statistics TotalSpendCarValueHouseholdIncomeAgeBrandTenure_Months NValid50005000500050005000 Missing00000 Mean159.3570$23,232.5800$54,742.800047.0338.20 Std. Error of Mean2.33725$300.26069$782.167610.2510.320 Median100.8000$17,000.0000$38,000.000047.0038.00 Mode20.00-$1,000.00$22,000.001872 Std. Deviation165.26859$21,231.63670$55,307.6019617.77022.662 Minimum3.80-$1,000.00$9,000.00180 Maximum1403.85$99,600.00$1,073,000.007972 Percentiles2535.8000$9,200.0000$24,000.000031.0018.00 50100.8000$17,000.0000$38,000.000047.0038.00 75226.9875$31,100.0000$67,000.000062.0059.00
Answered Same DayOct 16, 2021

Answer To: Sheet1 Statistics TotalSpendCarValueHouseholdIncomeAgeBrandTenure_Months...

Pooja answered on Oct 16 2021
101 Votes
Sheet1
        Statistics
                TotalSpend    CarValue    HouseholdIncome    Age    BrandTenure_Months
        N    Valid    5000
    5000    5000    5000    5000
            Missing    0    0    0    0    0
        Mean        159.3570    $23,232.5800    $54,742.8000    47.03    38.20
        Std. Error of Mean        2.33725    $300.26069    $782.16761    0.251    0.320
        Median        100.8000    $17,000.0000    $38,000.0000    47.00    38.00
        Mode        20.00    -$1,000.00    $22,000.00    18    72
        Std....
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