Description
You are an analyst
for the Vanguard Mortgage Company has been using a spreadsheet created
by you in the past which functions well. The current worksheet you
created currently contains the customer’s account, the cost of the
house, down payment, amount financed, mortgage rate, loan years (e.g. 30
year), % financed, date financed and payoff year. You have been tasked
with enhancing the worksheet to include noted basic summary statistics.
Which sorts of summary statistical methods would you include in the
updated workbook? Describe at least six statistical measures that you
would use so that you could explain them to your supervisor.
Explanation & Answer
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