This document discusses the arrangement of data in table format, graphical presentation, computation of descriptive statistics, and linear forecasting for predictions of values in Numeracy and Data Analysis. It also includes examples and explanations for each topic.
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NUMERACY AND DATA ANALYSIS
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TABLE OF CONTENTS TABLE OF CONTENTS................................................................................................................2 MAIN BODY..................................................................................................................................1 1. Arrangement of the data in table format..................................................................................1 2. Graphical Presentation.............................................................................................................1 3. Computation of descriptive statistics.......................................................................................2 4. Liner forecasting for the predictions of values for 12thand 14thday......................................5 REFERENCES................................................................................................................................7
MAIN BODY 1. Arrangement ofthedata in table format. Sr. No.DatePhone call per day 11st July 20205 22nd July 20203 33rd July20202 44th July 20203 55th July 20206 66th July 20203 77th July 20204 88th July 20207 99th July 20205 1010th July 20203 2. Graphical Presentation Bar Graph 1st July 2020 2nd July 2020 3rd July2020 4th July 2020 5th July 2020 6th July 2020 7th July 2020 8th July 2020 9th July 2020 10th July 2020 0 1 2 3 4 5 6 7 Phone call per day Phone call per day Pie Chart 1
1st July 2020 2nd July 2020 3rd July2020 4th July 2020 5th July 2020 6th July 2020 7th July 2020 8th July 2020 9th July 2020 10th July 2020 0 1 2 3 4 5 6 7 8 Phone call per day Phone call per day Graphical representation makes the large data set easy to understand and interpret which makes the analysis of data more simpler by the analysts. 3. Computation of descriptive statistics Mean Sr. No.DatePhone call per day 11st July 20205 22nd July 20203 33rd July20202 44th July 20203 55th July 20206 66th July 20203 77th July 20204 88th July 20207 99th July 20205 1010th July 20203 Sum total of phone calls41 No. of observation10 Mean4.1 Analysis Mean in data set is measured by adding the total observations of the data set and dividing number of values in data set. In the present table sum of total observations is 41 and number of 2
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the observations are 10 by applying the formula we get the mean as 4.1 of the data set for phone calls per day (Schabenberger and Gotway, 2017). Median Sr. No.DateData in relation to phone calls per day 11st July 20205 22nd July 20203 33rd July20202 44th July 20203 55th July 20206 66th July 20203 77th July 20204 88th July 20207 99th July 20205 1010th July 20203 No. of observation41 M=(10+1)/25.5 M=(6+3)/24.5 Analysis It could be described as measure of the central tendency.It is highly useful in data analysis in statistics to identify the mid value of the data set. In the present case the mode of data for number of phone calls per day is 4.5 which is obtained by doing average of the mid values in the data which are 6 and 3 giving median as 4.5. Mode DatePhone calls per day 1st July 20205 2nd July 20203 3rd July20202 4th July 20203 5th July 20206 6th July 20203 7th July 20204 8th July 20207 9th July 20205 10th July 20203 Mode =3 3
Analysis In statistics mode is commonly observed figure or value in the data set. Mode could also be referred as mean value. A data set may have 1 mode, or more than 1 mode or no mode (Trenner and et.al., 2018). From the above data set mode is calculated as 3 which is repeated most frequently as compared with other values. Range ParticularsFormulaAmount Maximum7 Minimum2 RangeLargest value-Smallest value5 Analysis In statistics range could be describes as difference in maximum and the minimum values. Higher range value will reflect high dispersion in data set where lower will reflect low dispersion. Range value of the data related to phone calls is 5 that is higher. Standard deviation DatePhone calls (X)X^2 1st July 2020525 2nd July 202039 3rd July202024 4th July 202039 5th July 2020636 6th July 202039 7th July 2020416 8th July 2020749 9th July 2020525 10th July 202039 Total41191 Standard deviation= Square root of ∑x^2 / N – (∑x / n) ^ 2 SQRT of (191 / 41) – (41 / 10) ^ 2 SQRT of 4.658 – 16.81 SQRT of -12.151 3.49 4
Analysis It is defined as measure of the dispersion of the data set from the mean. The method is used for measuring absolute variability of the distribution. Higher dispersion reflects higher standard deviation and also this represents greater magnitude of deviation of value from mean. The standard deviation of the data is 3.49 that is not higher and shows dispersion is not high from mean values. 4. Liner forecasting forthepredictionsof values for 12thand 14thday. DateXPhone calls (Y)X*YX^2 1st July 20201551 2nd July 20202364 3rd July20203269 4th July 2020431216 5th July 2020563025 6th July 2020631836 7th July 2020742849 8th July 2020875664 9th July 2020954581 10th July 202010330100 Total5541236385 i)Calculation of m values m = NΣxy – Σx Σy / NΣ x^2 – (Σx)^2 Y = mX + c m = 10 (385) - (55 * 41) / (10 * 385) – (55)^2 m = (3850 – 2255) / (3850 – 3025) m = 1595 / 825 m = 1.93 ii) Calculation of c values c = Σy – m Σx / N c = 41 – (1.93 * 55) / 10 c = (41 – 106.33) / 10 5
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c = -65.34 / 10 c = -6.53 iii) Computing value of Y by making use of m and c value For 12thday - Y = mX + c = 1.93 * (12) + (-6.53) = 23.16 -6.53 =16.63 = 17 hours approx For 14thday - Y = mX + c = 1.93 * (14) + (-6.53) = 27.02 – 6.53 =20.49 = 20 hours approx Analysis From the above calculation following outcomes are obtained. The phone calls on 12thday are supposed to be 17 hours per day where the phone calls for 14thdays are supposed to be 20 hours. The results are computed using linear forecasting which is the most commonly used method for forecasting by the experts and management during their analysis of data (Kvinge and et.al., 2018). 6
REFERENCES Books and Journals Schabenberger, O. and Gotway, C.A., 2017.Statistical methods for spatial data analysis. CRC press. Trenner, M., and et.al., 2018. High annual hospital volume is associated with decreased in hospitalmortalityandcomplicationratesfollowingtreatmentofabdominalaortic aneurysms: secondary data analysis of the nationwide German DRG statistics from 2005 to 2013.Journal of Vascular Surgery.67(3). pp.989-990. Kvinge, H., and et.al., 2018, December. Monitoring the shape of weather, soundscapes, and dynamical systems: a new statistic for dimension-driven data analysis on large datasets. In2018 IEEE International Conference on Big Data (Big Data)(pp. 1045-1051). IEEE. 7