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Use the "Shoppers" Excel file. Answer the following questions:

(1) Compute descriptive statistics for TIME, PAGES VIEWED, and AMOUNT SPENT [Hint: Use the DATA ANALYSIS tool in Excel; choose DESCRIPTIVE STATISTICS; in the Input Range, enter D1:F51 - Excel will compute desstats for the three variables simultaneously.]

(2) Compute the correlation coefficients among the three variables [Hint: Use the DATA ANALYSIS tool in Excel; choose CORRELATION; in the Input Range, enter D1:F51 - Excel will compute correlation coefficients for the three variables simultaneously.].

(3) Using the Excel results, summarize the data and comment on your findings. Carefully interpret the correlation coefficients.

Attachment:- Shoppers_Excel.xlsx

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
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