Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 1. Presentation of data in tabular form...................................................................................1 2. Data in different charts.......................................................................................................1 3. Calculations of mean, median, mode, standard deviation and range.................................3 4. Calculating values of M, C and forecast wind value of day 14 and 21..............................4 CONCLUSION...............................................................................................................................5 REFERENCES...............................................................................................................................6
INTRODUCTION Data analysis is defined as the process or techniques used to analyse data in order to increase business gain and profitability (Chen and Yang, 2015). The process is related with determining, gathering, analysing and evaluating meaningful information that help to bring faithful results for various queries. To better understand the importance of data analysis wind speed for ten consecutive days of Nottingham have been selected. In this report data is tabular and chart form is presented, mean, median, mode, range and standard deviation have been calculated. In addition report also cover liner forecasting model is used to calculated value of M, C and forecast value of day 14 and 21 is determined. TASK 1 1. Presentation of data in tabular form In the table below the data for wind speed for 10 consecutive days of Nottingham have been represented. For specific results data of wind speed is taken of 12:00 PM (Wind speed of Nottingham,2019). DateWind (km/h) (12:00 PM) 01/04/201914 02/04/201922 03/04/201911 04/04/201930 05/04/201924 06/04/201917 07/04/201914 08/04/201922 09/04/201926 10/04/201923 2. Data in different charts. Column chart:It is a data visualization chart in which every category is presented with the help of rectangle that are proportional to the value of being plotted. 1
12345678910 0 5 10 15 20 25 30 35 14 22 11 30 24 17 14 22 26 23 Column B From the above Column chart it has been observed that there is continuous changes in the wind speed for each day at 12:00 PM. The highest flow of wind was on 04/04/2019 that is 30 km/h and the lowest was on 03/04/2019. Line chart:Itis a graphical presentation of data that mainly connects a set of collected data point through a continuous line. It is simple and easy to understand that help to determine the pattern and trends (Figueres-Esteban, Hughes and Van Gulijk, 2015). 12345678910 0 5 10 15 20 25 30 35 14 22 11 30 24 17 14 22 26 23 Column B 2
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From the above lien chart, it has been identified that the wind speed for all 10 days was different due to overall weather of Nottingham. On 4 April 2019 the flow of wind was more as compared to any other day. 3. Calculations of mean, median, mode, standard deviation and range. DateWind (km/h) 01/04/201914 02/04/201922 03/04/201911 04/04/201930 05/04/201924 06/04/201917 07/04/201914 08/04/201922 09/04/201926 10/04/201923 Mean20.3 Median24 Mode14 Range19 Maximum range30 Minimum11 Mean:This is the estimate of all the range number. Firstly, values are added to measure mean for distinct numbers and then the outcome is separated by the complete amount of standards (Gatobu, Arocha and Hoffman-Goetz, 2016). This is also consider as central value of the total number of observation. The specific formula is as follows: Formula of mean: ∑ X / N = 203 / 10 = 20.3 Median:This is consider as the median value of the collected set of observation. The range is separated within two part upper and lower class interval. In case if observation is within even number than two middle values are referred as median and in case when the list is in odd 3
number than middle value is treated as median for given series. The specific formula to calculate median in both cases are as follows: Formula of median: ( N +1 ) / 2 when data series is odd. N / 2 when series is even. = 10/ 2 = 5thobservation will be consider as median value that is 24. Mode:It is the value that is repeated most of the time within a specific set of data. In case if all number are different than the model value will remain 0. The mode value of the collected data is 14 because it is repeated for most of the time. Range:It is the difference among the highest and lowest value of specific data. For the collected data range is calculated below: Formula of range: Max – Min 30-11 19 Standard deviation: This is a statistic term that focus to ascertain the value of dispersion for the given set of data, which is relevant to mean and square root of actual variance collected. Important steps to follow Standard deviation is discussed below: DatesWind (km/h)x- mean(x-m)2 01/04/201914-6.339.69 02/04/2019221.72.89 03/04/201911-9.386.49 04/04/2019309.794.09 05/04/2019243.713.69 06/04/201917-3.310.89 07/04/201914-6.339.69 08/04/2019221.72.89 09/04/2019265.732.49 10/04/2019232.77.29 Mean20.3330.1 Variance33.01 STDEV5.7454329689 4
Formula of standard deviation: √ (variance) Variance= {∑(x – mean)2/ N} =330.1/10 Variance = 33.01 STD deviation =√ 33.01 = 5.7454329689 4. Calculating values of M, C and forecastwind value of day 14 and 21 DaysWind (km/h)X2∑xy 114114 222488 311999 43016480 52425600 61736612 71449686 822641408 926812106 10231002300 ∑x= 55∑y= 203∑X2=385 ∑xy=8393 This model assist in ascertaining the value of m and cin y = mx + c by taking the following steps:- i) Value of M:M= N∑xy- ∑x∑y / N∑X2- (∑x)2 10*8393 – 55*203 / 10*385 – (55)2 83930-11165/3850- (3025) 72765/ 825 =88.2 or 88 ii) Value of c: ∑y- m ∑x/ N = 203-88*55/10 = 114.8/ 5.5 5
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= (281) iii) Wind for day 14:Y= mx+c = 88* 14+ (281) = 12.32 -281 = So the forecasted value of day 14 is 40 km/h. Forecast wind for 21: Y= mx+c Y= 88*21+ (281) = 65.291 , thus the wind speed for day 21 is around 65 km/h CONCLUSION In the end of this report, it has been concluded that the main objective of data analysis is todetectmeaningfulinformationthateaseindecision makingconsideringwithsuitable arguments. Different values have been determined with the support of different statistical formula such as mean, mode, median, range and standard deviation. 6