SOLUTION: Page 7of 10Assessment Part 2 This part of the assessment covers Learning Outcomes 2, 3 and 4and isworth 80% of the total marks for the module. Students Monthly Spending, excluding
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Question 1143016: Page 7of 10Assessment Part 2 This part of the assessment covers Learning Outcomes 2, 3 and 4and isworth 80% of the total marks for the module. Students Monthly Spending, excluding accommodation, bills and transportationMonthly Expenditure (in pounds sterling)NameCampusMarital StatusFoodClothingEntertainmentCharitable GivingJennyLondonS160230800AnnieManchesterS1802205010HaddyManchesterM2551454515MartinBirminghamS2401651000AhmedLondonM37519514010SeanLondonS18513513020AliceLondonM2602607020BelindaLondonM32014010515BenjieBirminghamS2452306040BarbaraManchesterM3051501000LiamBirminghamM4008010020Managerial Report (max: 2000 words)Comment onthe spending information presented in the table above. Include the following in your report:a.Totals, mean, medianand standard deviation,together with a discussion of whatthesedescriptive statistics tell usabouttheirspending.(40marks)b.Graphical summariesfor each of the four items. (15 marks)c.Scatter diagrams to explorethe relationship between marital statusand each ofthe four spendingitems. Discuss.(30marks)d.What is the probability that a student spending more than £500monthlywould be both married and based in London? Answer by Alan3354(69443) (Show Source):
