Cuyamaca College The Distribution of Credit Card Debt Questions

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.