# STAT 200 Descriptive Statistics Data Analysis Plan

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gqbjavat0987

Mathematics

STAT 200 E322

University of Maryland - University College

## Description

Please see all the attached instructions. This assignment is due by tonight. Thank you for your help.

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Running head: DESCRIPTIVE STATISTICS DATA ANALYSIS PLAN

Descriptive Statistics Data Analysis Plan
Name
Institution

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DESCRIPTIVE STATISTICS DATA ANALYSIS PLAN

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Scenario
Spending is based on the income as well as other variables that are likely to predict the
spending patterns. I am a 36 years old married male with two kids. I have a high annual
expenditure. Therefore I want to determine whether the level of spending between married and
single individuals is comparable to plan and ensure that I have enough savings for my family
in the future.
Variables
The dataset that has been considered in this research was adapted from the United States
Department of Labor's 2016 consumer expenditure surveys. The information included focuses
on both The variables that will form part of the analysis include both socioeconomic variables
and expenditure variables.
The socioeconomic variables include age, marital status, and income.

Age is a

continuous variable measured on a ratio scale. Marital status is a categorical variable measured
on a nominal scale. Income is a continuous variable measured on a ratio scale.
The expenditure variables that will be included in the research are the Total amount of
annual expenditures and the Total amount of annual expenditure on electricity. Both of the
variables are continuous variables measured on a ratio scale.
A link to related research study
The study focuses on the comparison between single persons and married couples in
their twenties. In the United States, individuals aged 21 years enter adulthood with significant
challenges and limited opportunities that come with personal and economic autonomy. Such
young individuals ar...

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