Table of Contents INTRODUCTION...........................................................................................................................1 MAIN BODY...................................................................................................................................1 1. Arrangement of data in table form...........................................................................................1 2. Presentation of data in charts...................................................................................................1 3. Calculation of different elements with steps of calculation.....................................................3 4. Calculation of 'm' and 'c' with the help of linear forecasting model........................................5 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................7
INTRODUCTION Data analysis can be defied as a process which is used by users for the purpose of cleansing, monitoring, inspecting and evaluating information to conduct in-depth research. All the conclusions which are generated with the help of it are utilised by analysers to formulate decisions for future (Bennison, 2015). This report is based upon analysis of 10 days wind speed of London. For this purpose different elements such as mean, mode, median, range, standard deviation etc. are calculated under this project. MAIN BODY 1. Arrangement of data in table form The data which is reflected in the table below is related to the wind speed of London. The data is from 12thSeptember to 21stSeptember (Wind speed in London,2019). DayWind Speed 124 213 36 413 513 617 711 810 923 1019 2. Presentation of data in charts Column Chart: 1
The above chart reflects that on first day the speed of wind is very high as compare to other day and on third day speed is very slow from other days (Bennison, 2016). Line chart: The above line chart shows increment and decrement in wind speed in London which is changing continuously. At the end of 10 days period the speed of wind is has reached to 19 km/h. 2
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3. Calculation of different elements with steps of calculation DayWind Speed 124 213 36 413 513 617 711 810 923 1019 āX149 Mean14.9 Mode13 Median13 Range18 Maximum24 Minimum6 Mean:It can be defined as the number which is known as average of data series. It is one of the common static which is used in statistics to analyse centre of numerical range of information. It is calculated by diving the number of values from total of data ranges. The steps for its calculation are as follows: Formula:āX / N = 149 / 10 = 14.9 3
Mode:It can be defined as the number which gets repeated in the data serious most frequently. If there is no number which is repeating in the series then there will be no mode in the data set. From the above table it has been analysed that mode for data range is 13 because it is repeating in the series (Hopp, 2015). Median:It is the mid value of data series which divides the number in two parts. With the help of comparison of mean and median the data analysers can get the idea of distribution of data series. All the steps which are followed while calculating it are as follows: Formula: When data series is even then formula will be N/ 2. If data series is odd then formula will be N+1 / 2. = 10 / 2 = 5thobservation = 13 Range:The difference between highest and lowest value of data series is known as range. In order to calculate it the data analysers are required to identify the lowest and highest value first and then determine variation among them. Steps for its calculation are as follows: Formula:Max ā Min = 24 ā 6 = 18 Standard Deviation:It can be defined as the value which is mainly used for the purpose of quantifying number of dispersion or variation of a set of information in numerical form (Kleber, Florack and Chladek, 2016). Steps for its calculation are as follows: Day Wind speed (x)x- mean(x-m)2 1249.182.81 213-1.93.61 36-8.979.21 413-1.93.61 513-1.93.61 4
6172.14.41 711-3.915.21 810-4.924.01 9238.165.61 10194.116.81 Total298.9 Formula:ā (variance) Calculation of variance Formula ={ā (x ā mean )2/ N } = 298.9 / 10 = 29.89 (Variance) Calculation of standard deviation = ā 29.89 = 5.47 (Standard Deviation) 4. Calculation of 'm' and 'c' with the help of linear forecasting model While forecasting future wind speed days are assumed as x and current wind speed is assumed as y. All the calculations of the basis of linear forecasting model are as follows: Day (x) Wind Speed (y)x2xy 124124 213426 36918 4131652 5132565 61736102 7114977 8106480 5
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92381207 1019100190 āx =55āy=149āx2= 385āxy=841 With the help of above table the wind speed for future could be determined. The workings are as follows: 1. Steps for calculating value of 'M': Formula=Nāxy - āxāy / NāX2- (āx)2 = 10 (841)- (55)(149)/ 10(385) ā (55)2 = 8410 ā 8195 / 3850 ā 3025 = 215 / 825 = 0.26 2. Steps for calculating value of 'C': Formula=āy- m āx/ N = 149 ā 0.26 (55)/ 10 = 149 ā 14.3/ 10 = 134.7/10 = 13.47 3. Forecasting wind speed for day 14 and 21: For day 14: y = mx+c = 0.26*14 + 13.47 = 17.11 It has been forecasted that on 14thday the wind speed will be 17.11 km/h. For day 21: y = mx+c = 0.26*21 + 13.47 = 5.46 + 13.47 = 18.93 With the help of linear forecasting model it has been estimated that on 21stday the wind speed will be 18.93 km/h. 6
CONCLUSION The above report concludes that data analysis is a process which is used by analysers for the purpose of monitoring the set of numerical information in detail. For this purpose different charts such as line, column could be used. Along with this, various elements such as mean, mode, median, range and standard deviation are also calculated in data analysis. 7