Spending Statistics

Introduction The purpose of my analysis is to find the likelihood of a sure category incurring the most expense. By finding reveal the probabilities I sewer find out what items I can purchase less of to save more bills. The selective information equanimous for this analysis is from my American comport statement for the schedule month of March. The data includes the day and date of purchase, where it was purchased, what was purchased, the cost, and how many purchases in that day I made. The type of purchase made is detached in to tail fin categories food and beverage (Fast-food and eating place expenses), groceries, school, gas, and other (movies, snacks, etc.). Based on previous experience I hypothesize that I am most likely to leave out the most money on strong-food because it is something I buy unceasingly since I have teensy time to cook. Based on this I expect at least 30% of my expenses to be on fast-food and more than fractional of my purchases be on fast f oot. Figuring out these statistics I go away be fitted to set a delimit on my spending in order to save money. data These are obtained from my American Express credit card statement for the month of March, beginning 3/9/11 and ending at 3/31/11. The data set is a assembly of 51 single purchases in a span of virtually 21 days. The following data will be employ to construct graphs and charts that will give a better provide to analyze. quantity depreciate: $565.08 Mean: be write offn= 11.

08 Median: 8.42 fluctuation: ?2 = 103.01 monetary standard Deviation: ? = 10.15 instant = $1.31 Max: $54. 19 articulation Sample Data 1st Quart! ile = 4.94 2nd Quartile = 8.42 3rd Quartile = 13.11 4th Quartile = 54.19 image of obtain| Food/Bev.| Gas| Groceries| School| Other| Total # of Purchases| 21| 3| 8| 4| 15| Total Expense| $182.85| 79.64| 125.85| 29.74| 147| Charts & Graphs Figure 1. The Expense Histogram shows how I spend my money in general. The most frequent expenses are ones between $5 and $15. Min = 1.31 Min = 1.31...If you want to get a in wide of the mark essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay