Business Management – April 2021 intake Module: BUSINESS DECISION MAKING – BA4008QA Assessment One Worth 30% of the module markAllthe5 tasks must be attempted and you should present your answer in one WORD document.
Descriptive Statistics To gain some insights into the typical age of UK Netflix viewers, a sample of 115subscribers was surveyed in March 2021.Some descriptive statistics,computed to summarize the data,are presented in Table A below. NB: Some values are missing.T
a)Calculate theme an and interpret what the mean suggests in the context of the scenario.
b)Calculate the Minimum and interpret what the minimum value suggests in the context of the scenario
2c)Calculate the standard deviation and interpret what the standard deviation value suggests in the context of the scenario.
d)Calculate the coefficient of variation and interpret what the value suggests in the context of the scenario provided.You should also provide a detailed explanation of how you calculate these 4 statistics.Give all answers correct to 1 decimal place.
2.Compare the mean and the median values and comment on the distribution of the data.
