Week 2: You will derive analytical results that describe the characteristics of the data—discrete and continuous. You will derive analytical results based on continuous variables and compute the mean, median, variance, standard deviation, and range.
In this segment, you will estimate simple probability and test hypotheses using the provided Sample DataSet.
•Probability: Find the Region variable in the Sample DataSet. Using Sample DataSet, create a frequency distribution or a histogram. Based on the frequency distribution or histogram, estimate the probability associated with each region.
•Test the following hypotheses:
1.Hypothesis 1: Age (of residents) of Region 1 > Age of Region 7
2.Hypothesis 2: Wealth score of mail donors ≥ Wealth score of mail non donors
•Specify your hypothesis completely in terms of null and alternative; detail your findings and conclusions.
Submit your answers in a 3- to 4-page Microsoft Word document.
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