The file P02_35.xlsx contains data from a survey of 500 randomly selected households. a. Suppose you...

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The file P02_35.xlsx contains data from a survey of 500 randomlyselected households. a. Suppose you decide to generate a systematicrandom sample of size 25 from this population of data. How manysuch samples are there? What is the mean of Debt for each of thefirst three such samples, using the data in the order given? b. Ifyou wanted to estimate the (supposedly unknown) population mean ofDebt from a systematic random sample as in part a, why might it bea good idea to sort first on Debt? If you do so, what is the meanof Debt for each of the first three such samples? Please provideanswer in Excel format with steps how to do it. I am not able toupload full table.
Household Family Size Location Ownership First Income Second Income Monthly Payment Utilities Debt
1 2 2 1 $58,206 $38,503 $1,585 $252 $5,692
2 6 2 0 $48,273 $29,197 $1,314 $216 $4,267
3 3 4 0 $37,582 $28,164 $383 $207 $2,903
4 1 1 1 $56,610 $1,002 $249 $3,896
5 3 3 0 $37,731 $21,454 $743 $217 $3,011
6 4 1 0 $30,434 $26,007 $991 $208 $3,718
7 1 1 1 $47,969 $849 $243 $5,907
8 1 1 1 $55,487 $752 $242 $2,783
9 3 2 1 $59,947 $1,498 $256 $6,275
10 6 1 0 $36,970 $31,838 $991 $222 $4,845

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How many such samples are thereNumber of observation 500Sample size 25No of samples 50025 20What is the mean of Debt for each of the first threesuch samples using the data in the order givenSystematic See Answer

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Household	Family Size	Location	Ownership	First Income	Second Income	Monthly Payment	Utilities	Debt
1	2	2	1	$58,206	$38,503	$1,585	$252	$5,692
2	6	2	0	$48,273	$29,197	$1,314	$216	$4,267
3	3	4	0	$37,582	$28,164	$383	$207	$2,903
4	1	1	1	$56,610		$1,002	$249	$3,896
5	3	3	0	$37,731	$21,454	$743	$217	$3,011
6	4	1	0	$30,434	$26,007	$991	$208	$3,718
7	1	1	1	$47,969		$849	$243	$5,907
8	1	1	1	$55,487		$752	$242	$2,783
9	3	2	1	$59,947		$1,498	$256	$6,275
10	6	1	0	$36,970	$31,838	$991	$222	$4,845