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Report on Charting of Variables

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Added on  2020-06-05

Report on Charting of Variables

   Added on 2020-06-05

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STATISTICS
Report on Charting of Variables_1
TABLE OF CONTENTSINTRODUCTION.......................................................................................................................................3TASK 1.......................................................................................................................................................3(a)Change in gross annual earning in public and private sector and pay gap across gender....................3TASK 2.......................................................................................................................................................6(A)Analysis of hourly earnings data........................................................................................................6(B) Calculation of descriptive statistics...................................................................................................7(b) Comparison of obtained figures of varied geographic area................................................................8(A)Relationship between variables floor area and weekly turnover.........................................................9(b) Equation of line of best fit for regression model..............................................................................10©Calculation of turnover when outlet size is given...............................................................................10(d) Correlation coefficient R..................................................................................................................10(e) Measuring statistical validity of model.............................................................................................13TASK 3.....................................................................................................................................................14(a)Number of delivery made on annual basis.........................................................................................14(b) Deliveries made on each round........................................................................................................14©Economic order quantity.....................................................................................................................14(d) Comparison of EOQ and cost...........................................................................................................15TASK 4.....................................................................................................................................................15(a)Scatter diagram of size and turnover.................................................................................................15(b)Male income level line chart.............................................................................................................17©Ogive chart for computing cumulative percentage of employees for hourly earnings data.................18CONCLUSION.........................................................................................................................................19REFERENCES..........................................................................................................................................20
Report on Charting of Variables_2
INTRODUCTION Statistics is the one of the most important branch that assist managers in making businessdecisions and identifying factors due to which business performance is affected. In presentresearch study male and female earning data is analyzed deeply and charting of same is done.Apart from this, regression analysis method is applied on size and turnover data set andprediction is made about given value of independent variable. At end of the report charting ofvariables is done and conclusion is formed.TASK 1(a)Change in gross annual earning in public and private sector and pay gap across genderFigure 1Change in annual earning in public and private sectorInterpretationChanges happened in public and private sector earning at same rate every year.Fluctuation is observed consistently in the earning in both sectors as it change from 1% to 3%every year. This reflects that every year 1% up and down usually happened in growth rate ofannual earning but in specific range these rates are changing.
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2009201020112012201320142015050001000015000200002500030000350004000030638312643138031816325413287833685273622700027233277052820128442288812522426113264702663627338277052790019551195321956520313206982101721403Chart TitlePublic sector malePrivate sector malePublic sector femalePrivate sector femaleFigure2Public and private sector male and female20092010201120122013201420150500010000150002000025000300003500040000Chart TitlePublic sector malePrivate sector malePublic sector femalePrivate sector femaleFigure3Public and private sector male and female
Report on Charting of Variables_4

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