Conduct the following descriptive statistics analysis using the data set in attached Excel. Answer the questions in the spreadsheet or a separate Microsoft Word document.
Insert a new column in the database that corresponds to AnnualSales. AnnualSales is the result of multiplying a restaurant’s SqFt by Sales/SqFt.
Calculate the following:
Create a box-plot for the AnnualSales variable and answer the following questions:
Create a histogram for the Sales/SqFt variable and answer the following questions:
Cite references to support your assignment.
Part 2: Report.
Write a minimum 1,000-word statistical report with the following sections:
Section 1: Scope and Descriptive Statistics
Section 2: Analysis
Using Microsoft Excel, create scatter plots and display the regression equations for the following pairs of variables:
In your report, include the scatter plots. For each scatter plot, designate the type of relationship observed (increasing/positive, decreasing/negative, or no relationship) and determine what can be concluded from these relationships.
Section 3: Recommendations and Implementation
Cite references to support your assignment.
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