Business Analytics

Learning Activity for Computing Statistical Descriptive Measures

Instruction: Work on this activity as a group. Check your group mates in Blackboard LMS.

Problem

The following data are the weekly savings of employees in a certain company.

P490 520 180 650 220

570 560 260 450 333
165 900 350 667 444
785 580 670 890 543
750 468 590 520 567

 Compute the mean, median and mode.

 Compute the range, variance, and standard deviation.
 Provide an interpretation on each of the central tendency and variability measures as the
implication of the employees saving behavior.