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Cuyamaca College The Distribution of Credit Card Debt Questions

Question Description

Descriptive Statistics

Prompt

  1. Describe the distribution of credit card debt separated by gender using concepts from Unit 2 (Modules 4-7).
    • Make an appropriate graph and provide appropriate numerical summaries in table form.
    • Describe the shape, center, and spread using numerical measures that best describe the distribution.
    • In your description, include an interval of typical values and a discussion of variability.
    • Embed your StatCrunch graph and any tables with summary statistics in your response.
  2. Do the data suggest that males or females are more likely to have higher credit card debt?
    • Use the data to support your answer

      Summary statistics for CC Debt:

      Group by: Gender

      Gender n Mean Std. dev. Median Range Min Max Q1 Q3 IQR
      Female 129 2768.9225 2174.4904 2373 9041 0 9041 1212 3930 2718
      Male 71 3719.0845 2722.4792 3556 13326 0 13326 1671 4900 3229

    • Answer the prompt based on the graph and the table. It must be at 3 to 4 paragraph, including the conclusion. Make sure to use numbers from the table to as evidence. Include the graph and table in the document. No outside sources.

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