Table of Contents Introduction......................................................................................................................................1 1. Arrange of Liverpool City in tabular format...........................................................................1 2. Illustrate data through two different charts.............................................................................1 3. Calculate distinct entities and illustrate final values...............................................................3 4. Make use of linear forecasting model.....................................................................................4 Conclusion.......................................................................................................................................6 References........................................................................................................................................7
Introduction Numeracy implies abilities to reason as well as carry out simple numerical concepts. Data analysis aids individuals within understanding of numbers as well as furnish output that will aid within formulation of decision-making processes of the firm(Gunst, 2018). Numeracy and data analysis are being utilised for assessment of information which will enable organisation to carry out their business processes along with their operations. This report is based on humidity levels of Liverpool City, UK and further analysis of data will be carried out with respect to this. This report comprises of arrangement of data within tabular form and illustrated through different charts. Furthermore, mean, median, mode and other entities will be calculated along with this the linear forecasting model will be utilised for analysing humidity levels within the Liverpool City. 1. Arrange of Liverpool City in tabular format. Below mentioned data is dependent on humidity levels of Liverpool City UK and it is being presented from dates 10thJanuary to 19thJanuary 2020 (Liverpool 14 Day Extended Forecast, 2020). 10 days consecutive data is being specified below within the table for having better understanding. DaysHumidity 181 281 380 485 584 674 778 866 971 1086 1
2. Illustrate data through two different charts. Data is presented within column chart and is shown beneath: The above column chart illustrates humidity levels of Liverpool City UK has slight variations. It is observed that on 1stand 2ndday it is identical as well as 3rdis almost same. But on the 8thday there is sudden decline within the humidity levels and on the 10thday it is maximum i.e. 86%. Data presented in line chart format: 2 12345678910 0 10 20 30 40 50 60 70 80 90818180 8584 7478 66 71 86 Days Humidity Levels
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The above mentioned line chart shows the trends within the humidity it is constant then decrease, increase and again declines. Furthermore, it is inclined higher. On the initial day the humidity was 81% and on last it is 86%. 3. Calculate distinct entities and illustrate final values. DaysHumidity 181 281 380 485 584 674 778 866 971 1086 3 12345678910 0 10 20 30 40 50 60 70 80 90 100 8181808584 7478 6671 86 Days Humidity Levels
Total786 Mean78.6 Mode81 Median79 Range20 Maximum86 Minimum 66 Standard deviation6.47 Mean:This denotes average value of total observation or data which is being provided for carrying out analysis. Mean is being utilised for statistical purpose as well as calculation of average value with respect to data(Johnston, 2017). The formula as well as calculation have been illustrated below: Formula: Mean = âX/N = 786 / 10 = 78.6 Median:Within the statistical context, median implies the value that is being isolated within the observation range. Here, data is isolated from upper as well as below half and is liable for identification of middle value of the data that is being available(Kahan and Peters, 2017). This involves two cases and each is being calculated through the usage of distinct formulas they are specified beneath: In case value is even: N + 1 / 2 When values are odd than: N / 2. Formula: Median = [N+1] / 2 = [ 10 + 1 ] / 2 = 5.5thobservation is 84 & 74. = 79 4
Mode:This is one of the most recurrent value from the data series which is being available is referred to as mode. If there exist more than one number which is being repeated then two values will be taken into consideration as a mode(Gunst, 2018). From the mentioned data series 81 is the number which is being repeated and is taken as mode of the entire observation with respect to Liverpool City. Range:Within statistics, the deviation among maximum as well as minimum values of observation is referred to as range of specified series. This is being calculated like shown below: Formula: Range = Maximum Value â Minimum Value = 86 â 66 =20 Standard deviation:This denotes measurement related with dispersion of values from specified set of data. Lower standard deviation involves values that are closer to mean value and on the other hand high values implies value which have wider range(Johnston, 2017). The standard deviation for humidity with respect to Liverpool City is 6.47. 4. Make use of linear forecasting model. Through the assistance of linear forecasting model, people are liable for forecasting the humidity levels with respect to future in which X is taken as number of days and Y denotes humidity level for Liverpool City. Calculations have been illustrated beneath: Step 1: Table formulation Days (X) Humidity (Y)X2XY 181181 2814162 3809240 48516340 58425420 67436444 5
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77849546 86664528 97181639 1086100860 âx= 55ây= 786âX2= 385âXY= 4260 Step 2: Calculation of value of M: Formula: M = [NâXY - âx ây]/ [N âX2- (âx)2] = [ 10 * 4260 â (55 * 786) ] / [10*385- (55)2] = [42600 â 43230] / [3850 â 3025] = 630 / 825 =0.76 Step 3: Calculation of value of C: Formula: C =ây - m âx / N = (786 â 0.76 * 55) / 10) = 744.2 / 10 =74.42 Step 4: Humidity on 15thday: Formula: Y = mx + c = 0.76 * 15 + 74.42 =11.4+74.42 = 85.82 The level of humidity on 15thday will be 85.82 Step 5: Humidity on 20thDay: Formula: Y = mx + c =0.76 * 20 + 74.42 = 15.2 + 89.67 = 89.62 The humidity level on 20thday will be 89.62. 6
Conclusion From above, it can be concluded that, through the assistance of data analysis business can gather information, carry out analysis, evaluation as well as conduct measurements with respect to future functioning. While carrying out data analysis, these factors must be taken into consideration like mean, mode, median and other entities. 7
References Books & Journals Gunst,R.F.,2018.Regressionanalysisanditsapplication:adata-orientedapproach. Routledge. Johnston,M.P.,2017.Secondarydataanalysis:Amethodofwhichthetimehas come.Qualitative and quantitative methods in libraries.3(3). pp.619-626. Kahan, D. M. and Peters, E., 2017. Rumors of the'Nonreplication'of the'Motivated Numeracy Effect'Are Greatly Exaggerated. Online Liverpool14DayExtendedForecast.2020.[Online].Availablethrough: <https://www.timeanddate.com/weather/uk/liverpool/ext>. 8