Conduct the following desсrіptive statistics analyses using the PastasR Us, Inc. data set in Microsoft Excel. Answer the questions in the spreadsheet or a separate Microsoft Word document. Insert a new column in the database that corresponds to AnnualSales. AnnualSales is the result of multiplying a restaurant’s SqFt by Sales/SqFt. Calculate the following: mean standard deviation skew 5-number summary interquartile range (IQR) for each of the variables Create a box-plot for the AnnualSales variable and answer the following questions: Does it look symmetric? Would you prefer the IQR instead of the standard deviation to describe this variable’s dispersion? Why or why not? Create a histogram for the Sales/SqFt variable and answer the following questions: Is the distribution symmetric? If not, what is the skew? Are there any outliers? If so, which one(s)? What is the SqFt area of the outlier(s)? Is the outlier(s) smaller or larger than the average restaurant in the database? What can you conclude from this observation? What measure of central tendency is more appropriate to describe Sales/SqFt? Why? Cite references to support your assignment. Continue to Part 2: Report.
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