Numeracy and Data Analysis

Numeracy and data
analysis

Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
1. Arrangement of the data in a table format...............................................................................1
2. Presentation of the above arranged data with the help of two different charts........................1
3. Calculating the different aspects on the basis of the above data.............................................2
5. Linear forecasting model that is y = mx + c in order to do below mentioned calculations:....5
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Data analysis is one of the most significant and critical aspects because it aids in assessing
business performance so that necessary and sufficient steps can be taken to help the business
firm expand and succeed in the market in which it operates (Chinn, 2020). This report contains
data that has been organised and presented in a logical manner using various charts. Aside from
that, the report includes calculations for the 11th and 12th months' mean, mode, median, standard
deviation, range, linear forecasting model, and total expenditure.
MAIN BODY
1. Arrangement of the data in a table format.
Month Total expense
1 10000
2 15000
3 20000
4 25000
5 30000
6 35000
7 40000
8 45000
9 50000
10 55000
2. Presentation of the above arranged data with the help of two different charts
Column chart- This is a type of chart that is a graphical display of data that has been en-
tered into it and then shows its meaning in vertical bars format, making the data easier to under-
stand and saving time and effort.