Final Output

Statistical Treatment of
XYZ Bank Data using Minitab
Cadut, Angel Nicole
Magsayo, Joveriel
Manlimos, Myla Mie
Rojas, Camille
Sablayan, Joel
Sales, Angeline
XYZ Bank
Case
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A bank requires pieces of information from loan

applicants: income, education level, age, length of
time at current residence, length of time with current
employer, savings, debt, number of credit cards, and
their college course. A bank administrator wants to
analyze this data to determine the best way to group
and report it. The administrator collects this
information for 30 loan applicants.
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Compute for the

descriptive statistics of
the given dataset.
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Descriptive Statistics
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Descriptive Statistics
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Is there a significant
relationship between the
education level of the applicant
and their savings?
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Correlation: Education vs Savings
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CONCLUSION

The computed p-value is 0.013 which is less than the critical value of
0.05. This means that there is a significant relationship between the
education level (in years) of the loan applicant to their savings. The
computed r-value of 0.447 denotes a positive correlation and be concluded
that the higher the education level of the applicant, the
greater the amount of their savings.
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What is the relationship

between the income of
the applicant and their
education level?
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Correlation: Education vs Income
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CONCLUSION

The computed p-value is 0.002 which is less than the critical value of 0.05.
This result means that the income of the loan applicant is significantly related to
their educational level (in years). The computed r-value of 0.549 implies a
positive correlation. The relationship between the income and the educational
level of the loan applicant is directly proportional to each other meaning that
the higher the educational level, the higher the income.
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Given that the education level is

an independent variable and the
debt is a dependent variable, can
education level predict the debt of
the applicant?
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Regression Analysis: Debt vs Education
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CONCLUSION

The computed p-value is 0.011 which signifies that the relationship

is not significant enough in order for the education level to
predict the amount of debt. The r-squared is equal to 18.02% which
means that the fitted line plot was able to predict only 18.02% of the data
plots.
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Is there a significant difference

on income of the applicants from
different courses?
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One-way ANOVA: Income vs College Course
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CONCLUSION
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