STAT 200 Patel Maulee - Assignment #2_ Descriptive Statistics Analysis and Writeup

Introduction: I am head of a household, who is 56 years old and married. I have also a university degree in Accounting and one child. Altogether with my husband, our household income is $97,000 annually. Our annual food expense is $8,700. Table 1. Variables Selected for the Analysis Variable Name in the Data Set Description Type of Variable (Qualitative or Quantitative) Variable 1: “Income” Annual household income in USD. Quantitative Variable 2: “Age Head Household” Age of the Head of Household. Qualitative Variable 3: “Family Size” Total Number of People in Family (Both Adults and Children). Quantitative Variable 4: “Food Expenditures” Total Amount of Annual Expenditure on Food. Quantitative Variable 5: “Entertainment Expenditures” Total Amount of Annual Expenditure on Entertainment. Quantitative Data Set Description and Method Used for Analysis: