Numeracy and Data Analysis

Numeracy and Data Analysis

INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
1. Arrange the available data.......................................................................................................1
2. Produce Column or Bar chart by using above mention data...................................................1
3. Calculate the following terms..................................................................................................3
4. Calculate y=mx+c by using linear forecasting model.............................................................5
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Data analysis is a process of collecting and manipulating data which allows organizations to
gain useful knowledge (Kombi, 2018). It help the managers of researchers to formulate strategies
to improve the overall efficiency according to the requirement. In other words, data analysis is
mainly intended to examine what information relies on perception, which it may require. The
research focuses mainly on data processing, in which data are related to ten days
consecutive payment of different bills. A large number of measurements such as mean, phase,
medium, and forecasts are also included in the project report.
MAIN BODY
1. Arrange the available data
Days Type of bill payment Amount (in ‘00 pounds)
1 Bank payment bill 10
2 Rental charges bill 7
3 Electricity bill 15
4 Internet bill 20
5 Transportation bill 18
6 Grocery bill 15
7 Telephone bill 16
8 Water bill 9
9 water bill 9
10 Council taxation bill 8
2. Produce Column or Bar chart by using above mention data
Column Chart:
It is a graphical representation which represent the bill payment of for regular ten days.
Column chart display the number of bill payments on each single day until next ten days
(Pensiero and Green, 2018). Below mention graph provide better understanding:
1