Numeracy and Data Analysis

Numeracy and Data Analysis

INTRODUCTION......................................................................................................................3
1. Arranging the data into table..............................................................................................3
2. Presenting data in chart form.............................................................................................3
3. computing descriptive statistics.........................................................................................4
4. Using the linear forecasting model for predicting the value for 15 and 20 day.................8
CONCLUSION........................................................................................................................10
REFERENCES.........................................................................................................................11

INTRODUCTION
Numeracy and data assessment involves the processing of mathematical and statistical
data to understand the patterns of hidden numerical values. The current study will emphasize
on various expenses that have been made for a period of 10 consecutive days. Moreover, it
will involve the use of various statistical and mathematical tools like mean, mode and median
to predict the changes effectively.
1. Arranging the data into table
Number
of Days Date Expenses
1
1st April
2020 300
2
2nd April
2020 400
3
3rd April
2020 600
4
4th April
2020 250
5
5th April
2020 300
6
6th April
2020 450
7
7th April
2020 500
8
8th April
2020 820
9
9th April
2020 750
10
10th April
2020 200
2. Presenting data in chart form
Line graph

Column graph
3. computing descriptive statistics
i. Mean
Number
of Days Date Bill payment
1 1st April 2020 300
2 2nd April 2020 400
3 3rd April 2020 600