Numeracy and Data Analysis

Numeracy and Data Analysis
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INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
1. Arrangement of data................................................................................................................3
2. Using above arranged data represent two different charts.......................................................3
3. Calculate the following terms..................................................................................................5
4. Calculate y=mx+c by using linear forecasting model.............................................................7
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
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INTRODUCTION
Data analysis is a method of data gathering and manipulation which enables everyone to
acquire useful knowledge (Friese, 2019). In other words, the study of data is primarily intended
to analyze what knowledge depends, whatever it needs, on interpretation. The study focuses
primarily on data collection in which data are linked to the payment of bills for several months.
The project report also includes a significant set of calculations such as mean, mode, medium
and predictions.
MAIN BODY
1. Arrangement of data
Months Type of bill Amount (in ‘00 pounds)
January Telephone bill 10
February Water bill 5
March Council taxation bill 20
April Rental charges or bill 17
May Bank statement 25
June Internet bill 20
July Transportation bill 9
August Grocery bill 30
September Electricity bill 10
October Heating bill 10
2. Using above arranged data represent two different charts
Column Chart:
Column chart is a diagram in which the position of the row is expressed in a line for each
section proportionate to the shown values. Column displays are also referred to as vertical bar
maps. With the help of column chart, payment of different month’s bill is mentioned below:
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