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STAT200 - Assignment #1: Descriptive Statistics Data Analysis Plan Identifying Information Student (Full Name): Class: Instructor: Date: Scenario: Table 1. Variables Selected for the Analysis Variable Name in the Description Type of Variable Data Set (See the data dictionary for describing the Qualitative or variables.) Quantitative) Variable 1: "Income" Annual household income in USD. Quantitative Variable 2: Variable 3: Variable 4: Variable 5: Reason(s) for Selecting the Variables and Expected Outcome(s): 1. Variable 1: "Income" - 2. Variable 2: " "- 3. Variable 3: " " 4. Variable 4: " " 5. Variable 5: " " Proposed Data Analysis: Measures of Central Tendency and Dispersion Table 2. Numerical Summaries of the Selected Variables Variable Measures of Central Rationale for Why Appropriate Name Tendency and Dispersion Variable 1: Median I am using median for two reasons: " Income" . Sample Standard 1. If there are any outliers or the data is not normally Deviation distributed, the median is the best measure of central tendency. 2. The variable is quantitative. I am using sample standard deviation for three reasons: 1. The data is a sample from a larger data set. 2. It is the most commonly used measure of dispersion. 3. The variable is quantitative