Appendix 2.4 Numerical Descriptive Statistics Using MegaStat 1 Appendix 2.4 ■ Numerical Descriptive Statistics Using MegaStat The instructions in this section begin by describing the entry of data into an Excel worksheet. Alternatively, the data may be downloaded from this book’s website. Please refer to Appendix 1.1 for further information about entering data, saving data, and printing results in Excel. Please refer to Appendix 1.2 for more information about using MegaStat. To analyze the gas mileage data: • Enter the mileage data into column A with the label Mpg in cell A1 and with the 50 gas mileages in cells A2 through A51. In order to compute descriptive statistics: • • Select Add-Ins : MegaStat : Descriptive Statistics • Place checkmarks in the checkboxes that correspond to the desired statistics. If tolerance intervals based on the empirical rule are desired, check the “Empirical Rule” checkbox. • • Click OK in the “Descriptive Statistics” dialog box. In the “Descriptive Statistics” dialog box, use the autoexpand feature to enter the range A1:A51 into the Input Range box. The output will be placed in an Output worksheet. To construct a boxplot of satisfaction ratings: • Enter the satisfaction rating data into column A with the label Ratings in cell A1 and with the 20 satisfaction ratings in cells A2 to A21. • • Select Add-Ins : MegaStat : Descriptive Statistics • • • Place a checkmark in the Boxplot checkbox. • Move the boxplot to a chart sheet and edit as desired. In the “Descriptive Statistics” dialog box, use the autoexpand feature to enter the input range A1:A21 into the Input Range box. Click OK in the “Descriptive Statistics” dialog box. The boxplot output will be placed in an output worksheet. 2 Chapter 2 Descriptive Statistics Least squares line and correlation for the sales volume data: To compute the equation of the least squares line: • Enter the advertising and sales data into columns A and B—advertising expenditures in column A with label “Ad Exp” and sales values in column B with label “Sales Vol”. • Select Add-Ins : MegaStat : Correlation / Regression : Scatterplot • In the Scatterplot dialog box, use the autoexpand feature to enter the range of the values of advertising expenditure (x), A1:A11, into the “horizontal axis” window. • Enter the range of the values of sales volume (y), B1:B11, into the “vertical axis” window. • Place a checkmark in the “Plot linear regression line” checkbox. • • • Select Markers as the Display option. • Move the scatterplot to a chart sheet and edit the plot as desired. Click OK in the Scatterplot dialog box. The equation of the least squares line is displayed in the scatterplot. To compute the sample correlation coefficient between sales volume (y) and advertising expenditure (x): • Select Add-Ins : MegaStat : Correlation / Regression : Correlation Matrix • In the Correlation Matrix dialog box, use the mouse to select the range of the data A1:B11 into the Input window. • • Click OK in the Correlation Matrix dialog box. The sample correlation coefficient between advertising expenditure and sales volume is displayed in an output sheet.