The U.S. Department of the Interior releases figures on mineral production. The following are the 15 leading states in nonfuel mineral production in the United States in 2008.
State | Value ($billions) |
Arizona | 8.95 |
Nevada | 6.48 |
Florida | 4.2 |
Utah | 4.17 |
California | 4 |
Texas | 3.8 |
Minnesota | 3.72 |
Alaska | 2.98 |
Missouri | 2.58 |
Colorado | 2.45 |
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GB513: Business Analytics
Michigan | 2.96 |
Wyoming | 2.37 |
Georgia | 2.05 |
New Mexico | 1.81 |
Pennsylvania | 1.68 |
- a) Using the appropriate tool in the data analysis tool in Excel,calculate the descriptive statistics. Include the summary statistics table in your report.
- b) Brieflydefinethemeaningofeachofthemetricsinthesummaryreportyouget.
- c) Commentonallofthefiguresinthereport.Whatdoyoulearnfromthesemetrics?What are they telling you about this data set? Is it symmetrical, flat, or skewed? Does it have outliers?
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