Numeracy and Data Analysis

NUMERACY AND DATA
ANALYSIS

Table of Contents
INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................3
1. Arranging data in tabular form:...........................................................................................................3
2. Graphical representation of data..........................................................................................................3
3. Representing the calculation................................................................................................................4
4. Preparing forecasting model for linear equation as follows:................................................................8
CONCLUSION.........................................................................................................................................10

INTRODUCTION
Data analysis refers to evaluating the available information in systematic manner for
interpreting the future course of action. In current scenario it is essential for business to have data
analytical skill for gaining competitive advantages. The current report will involve the systematic
presentation of data in tabular format along with graphical view of available information. Present
case study will show calculation of mean, mode, median, range and standard deviation. It will
discuss equation in understandable pattern.
MAIN BODY
1. Arranging data in tabular form:
S. No. Months Money incurred on
transportation expenditure (In
pounds)
1 Jan 10
2 Feb 15
3 Mar 5
4 April 45
5 May 51
6 June 42
7 July 34
8 Aug 24
9 Sept 24
10 Oct 25
2. Graphical representation of data

Jan Feb Mar April May June July Aug Sept Oct
0
10
20
30
40
50
60
Money incurred on transportation expenditure
Jan Feb Mar April May June July Aug Sept Oct
0
10
20
30
40
50
60
Money incurred on transportation expenditure
Money incurred on
transportation
expenditure
3. Representing the calculation
I. Computation of mean:
S. No. Months Money incurred on
transportation expenditure (In
pounds)
1 Jan 10
2 Feb 15