Question: Note: If you cannot remember how to use the Descriptive Statistics tool, refer to the following required reading video: https://www.excel-easy.com/examples/descriptive-statistics.html Copy and Paste your descriptive

Note: If you cannot remember how to use the Descriptive Statistics tool, refer to the following required reading video: https://www.excel-easy.com/examples/descriptive-statistics.html

Copy and Paste your descriptive statistics output into this spreadsheet, in the cells below. Answer questions 2 - 5 in the boxes below.

what are the characteristics of the "average" customer?

what are the characteristics of the "typical" customer?

comment on the skewness of the variables: which variable is most skewed? which variable is least skewed?

given your answers to 4. above, which measure of central tendency is best use to describe customers

QUESTION 6: Comment on additional variables that would be useful to collect in order to analyze customers in greater detail. List at least TWO additional variables and explain why they are important for this analysis.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!