Numeracy and Data Analysis

NUMERACY AND DATA
ANALYSIS

TABLE OF CONTENTS
INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................3
1. Arranging data regarding transportation expenditure in tabular form:.............................................3
2. Graphical representation of selected expenditure data.....................................................................3
3. Representing the required computation as follows..........................................................................4
4. Forecasting model for linear equation is presented as below:..........................................................8
CONCLUSION.........................................................................................................................................10
REFERENCES..........................................................................................................................................11

INTRODUCTION
Data analysis is the procedure of inspecting, cleansing, transforming and modeling
statistical data with the objective of utilizing information for having appropriate decision
making. The present report is based on evaluating crucial data in organized manner to obtain
sufficient information for getting competitive benefits. The current study will include
presentation of data in both graphical & tabular form for transportation expenses. It will include
computation of mean, mode, median, range, standard deviation. Discussion regarding linear
forecasting model will be comprised in present report.
MAIN BODY
1. Arranging data regarding transportation expenditure in tabular form:
S. No. Month
s
Money incurred on
transportation expenses
1 Jan 11
2 Feb 12
3 Mar 5
4 April 45
5 May 11
6 June 42
7 July 34
8 Aug 11
9 Sept 23
10 Oct 27
2. Graphical representation of selected expenditure data

Jan
Feb
Mar
April
May
June
July
Aug
Sept
Oct
1 2 3 4 5 6 7 8 9 10
0
5
10
15
20
25
30
35
40
45
Money incurred on transportation expenses
Money incurred on
transportation expenses
Jan
Feb
Mar
April
May
June
July
Aug
Sept
Oct
1 2 3 4 5 6 7 8 9 10
0
5
10
15
20
25
30
35
40
45
50
Money incurred on transportation expenses
Money incurred on
transportation expenses
3. Representing the required computation as follows
I. Computation of mean:
S. No. Month
s
Money incurred on
transportation expenses
1 Jan 11