Capstone Project Part 1 Template Descriptive Statistics Using Excel, calculate the following descriptive statistics and then interpret the results in context using a business perspective The analysis interpretation should tell management what the descriptive statistic is revealing about the performance of the packaging process Descriptive Statistic Value Analysis Interpretation Mean 278 0222 Median 279 6809 Mode NA Standard Deviation 15 2169 Range 57 7273 Lowest Value 244 563 Highest Value 299 2903 Proportion of boxes below label weight 352 Proportion of boxes above label weight 148 Proportion of boxes below MAV Skewness 0 49912

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Question: Capstone Project Part 1 Template Descriptive Statistics : Using Excel, calculate the following descriptive statistics and then interpret the results in context using a business

Capstone Project Part 1 Template

Descriptive Statistics: Using Excel, calculate the following descriptive statistics and then interpret the results in context using a business perspective. The analysis/interpretation should tell management what the descriptive statistic is revealing about the performance of the packaging process.

Descriptive Statistic	Value	Analysis/Interpretation
Mean	278.0222
Median	279.6809
Mode	NA
Standard Deviation	15.2169
Range	57.7273
Lowest Value	244.563
Highest Value	299.2903
Proportion of boxes below label weight	352
Proportion of boxes above label weight	148
Proportion of boxes below MAV
Skewness	-0.49912

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