MGMT 4700 Lecture Notes - Lecture 1: Descriptive Statistics, Interval Estimation, Statistical Hypothesis Testing
Document Summary
People boxes, inc. is a consortium of real estate owners who seek out growing real estate demand among young, affluent, highly-educated workers entering the workforce or relocating to new cities. They specialize in condominium-style new construction, saving on costs by reusing blueprints in different cities and working with national contracting firms. Their revenue growth depends on identifying new markets to expand into, filling a niche in high-demand, high-income cities. Frequency table & histogram for percent of population between 14-24, and percent of population 65+ Scatter plots for median income by percent of population between 14-24 and percent of population 65: descriptive stats data visualization, descriptive statistics numerical measures. Average household income mean and median. Highest and lowest z-scores for (cid:498)renting cities(cid:499) (cid:523)percentage of housing units that are renter- occupied(cid:524) and (cid:498)old cities(cid:499) (cid:523)percentage greater than (cid:888)(cid:887) years of age(cid:524) Correlation between median income and percent of population between 14-24: sampling and sampling distributions.