Question: I am creating a Descriptive Statistics Data Analysis Plan Scenario: I am a married 28 year old with a bachelor's degree and two children. Instructions:
I am creating a Descriptive Statistics Data Analysis Plan
Scenario: I am a married 28 year old with a bachelor's degree and two children.
Instructions: Select variables for analysis that match the scenario developed in Task 1.The data set provides information on household consumption; there are socioeconomic variables and expenditures variables. The socioeconomic variable names start with "SE-" and the expenditure variable names start with a "USD;" all expenditures are in US dollars.
All students must use income as one variable. Selecttwo additional socioeconomic variables(one qualitative and one quantitative) andtwo expendituresfor your analysis that match the scenario you developed for Task 1. For instance, using the example scenario of a 35 year old single parent with a highschool diploma and one child, you could select "income," "education," and "number of children" as socioeconomic variables and then pick two household expenditure items to show the distribution of costs and compare that with your income. When selecting variables, think about the following three questions:
oWhy am I choosing these variables?
oWhat interests me about these variables?oWhat do I think will be the outcome?
- Can you assist me with selecting two additional socioeconomic variables? (one qualitative and one quantitative)
- Can you assist me with selecting two expenditures? (that are not food related)
TIA!
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