Numeracy, Data & IT Study Material

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This study material covers topics related to numeracy, data analysis, and IT. It includes information on numeracy skills, data analysis methods, and their applications in business and research. The material also provides solved assignments and essays on numeracy and data analysis.
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Using Numeracy, Data &
IT
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Contents
INTRODUCTION.......................................................................................................................................3
PART 1.......................................................................................................................................................3
Question 1...............................................................................................................................................3
Question 2...............................................................................................................................................3
Question 3...............................................................................................................................................4
Question 4...............................................................................................................................................4
Question 5...............................................................................................................................................4
Question 6...............................................................................................................................................5
Question 7...............................................................................................................................................5
Question 8...............................................................................................................................................5
Question 9...............................................................................................................................................6
Question 10.............................................................................................................................................6
PART 2.......................................................................................................................................................7
Question 11.............................................................................................................................................7
PART 3.......................................................................................................................................................9
Question 12.............................................................................................................................................9
Question 13.............................................................................................................................................9
Question 14...........................................................................................................................................12
Question 15...........................................................................................................................................13
Question 16...........................................................................................................................................14
CONCLUSION.........................................................................................................................................16
REFERENCES..........................................................................................................................................17
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INTRODUCTION
The capacity to rationale and to implement precise mathematical definitions is described
as numeracy. Simple abilities in numeracy comprise of understanding basic arithmetic such as
addition, subtraction, multiplication, and differentiation. In their growth and pathological
regression, numeracy skills have been thoroughly researched, but it is not well understood if they
alter healthy ageing. Similarly, it is still an unanswered question if either numerical ability can be
enhanced during ageing. Data analysis is a data inspection, cleaning, transformation and
modeling method aimed at finding valuable knowledge, reporting findings and facilitating
decision-making. Data analysis has numerous facets and methods, under a number of names,
involving various strategies, and is used in various fields of business, research, and social
science. Data analysis involves making more knowledge related in today’s business environment
and helping companies perform more effectively.
PART 1
Question 1
Numerator: The numerator is the amount on the upper part of the fraction that occurs. A
fraction is nothing other than a portion of all of it that said previously. The numerator thus
reflects the amount of equal portions of all of it that will be factored.
Denominator: The second element of the fraction is the denominator. Mostly on lower part of
the fraction, we constitute it. In addition, it refers to the number of two portions that we can split
the whole into. Take another example of the 1⁄2 fraction. Over here, 1⁄2 implies that two
equivalent portions of a specific image are factored.
The denominator reflects the amount of equal portions in a fraction, and the numerator
reflects however many sections are included in a fraction. As p / q is like p parts in a fraction,
which is really the numerator of an entire entity, which is separated into q sections of the same
dimension, which would be the denominator.
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Question 2
24/40 = 0.6
18/42 = 0.43 (approx.)
Question 3
(a) Express the fractions 2/3, 3//4 and 5/6 as equivalent fractions with a denominator of 12
2/3 = 2*4/3*4 = 8/12
3/4 = 3*3/4*3 = 9/12
5/6 = 5*2/ 6*2 = 10/12
(b) Percentage of library books on computing
Remainder book = 60,000 – 14,000 – 22,000 – 12,000
= 12,000
Computing books = 12,000 × 2
3
= 8,000
Percentage of books on computing = 8,000
60,000 ×100
= 13.33%
Question 4
Total money given by Liz = £50 × 3 = £150
Total price of 2 pairs of shoes = £150 - £10.50
= £139.50
Price of each pair of shoes = £139.50/2
= £69.75 per pair
Question 5
240.50 * 19.54 in 2 significant figures
= 4699.37
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So significant number is 46
(b) Write the number 52100 as a power of 10.
= 5.21*104
Question 6
Discount rate = 30%
No of people = 3
Total amount paid = £210
Amount paid for one person = £210/3 = 70
Percentage of amount paid = 70%
Total amount paid for sign up = £210
Total discount received = £210 × 30
100
= £63
Hence, the total savings made = £63
(b) Average savings per person = £63 / 3 (Patty and her 2 siblings)
= £21 per person
Question 7
a) 3/4 - 7/9 + 2/3
Applying BODMAS = 17/12 – 7/9
= 237/108
b) The largest number from the series 0.1 because 0.1 has significant decimal digit, one digit to
the right of the decimal point. 0.1 has two particular decimal digits thus 0.1 is presented with the
number of zero and become 0.10 that provides it two decimal digits same as other following
numbers of 0.02, 0.003 and others.
0.1
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Question 8
Total number of people said yes = (90 + 60) × 3
5
= 90
Total number of women said yes = 60 × 3
10
= 18
Total number of man said yes = 90 – 18
= 72
Number of man said no = 90 -72 = 18
Percentage of the men said no = 18
90 × 100
= 20%
Question 9
Here, reverse calculation method will be adopted:
Target time at which Annabelle requires to attend conference meeting = 10:30am
Time taken from Euston Rail station to Birmingham is 1 hour 10 minutes, for this she need to
take train at = 10:30am – 1:15hrs = 09:15am
As there’s no train exact this time; Annabelle has only option to take train at 09:05am
Time taken from her home to station is 1hr = 09:05am – 1hr
= 08:05am
Therefore; she needs to leave home at 08:05am.
Question 10
Converting both values in simple form = 9/25
= 0.36Kg
Therefore, 0.36 Kg or 9/25 Kg is heavier than 0.35Kg of Shredded Wheat.
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PART 2
Question 11
a) Hungary
b) China and Soviet Union
c) 27 is the mode in the number of games countries participated in
d) Minimum = 147; Maximum = 1,022
Range = Maximum – Minimum
= 1,022 – 147
= 875
e) 4 countries
f) Germany, United States and Soviet Union
g)
Country
Total
Games
Total
medals
Medals per
game
Australia 26 497 19.11538462
China 10 543 54.3
France 28 713 25.46428571
Germany 24 937 39.04166667
Great Britain 28 847 30.25
Hungary 26 491 18.88461538
Italy 27 577 21.37037037
Soviet Union 10 1122 112.2
Sweden 27 494 18.2962963
United States 27 2520 93.33333333
Thus, 93.33 medals per game were won by the United States, which is the highest of all nations.
Firstly, the largest number of trophies won per game is in the United States.
h) Causes include the following:
1. In total Olympic games, Jamaica has struggled to score little if any gold medal; because of that
which was not included in the top 10 rankings.
2. Athletes from Jamaica have indeed actively participated in one sprinting event.
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(i)
Country Gold
United States 1,022
Soviet Union 440
582
Country Silver
United States 794
Soviet Union 357
437
Country Bronze
United States 704
Soviet Union 325
379
Gold (582) is the overall disparity between award classes with its nearest rival; thus, Gold
is the division whereby the nearest rival has far outpaced the United States.
(j) Sweden and Australia have less gold medals = 147
Hungry and Australia have less silver medals = 147 & 163
China and Hungry have less Bronze medals = 151 & 179
Team Gold Silver Bronze Range
Hungary 175 147 169 28
Italy 206 178 193 28
Great Britain 263 295 289 32
Sweden 147 170 179 32
Australia 147 163 187 40
France 212 241 260 48
Germany 275 313 349 74
China 227 165 151 76
Soviet Union 440 357 325 115
United States 1022 794 704 228
From the above table present the total medals of each country with the range of smallest
numbers.
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PART 3
Question 12
Team Total games Gold Silver Bronze Total
Australia 26 147 163 187 497
China 10 227 165 151 543
France 28 212 241 260 713
Germany 24 275 313 349 937
Great Britain 28 263 295 289 847
Hungary 26 175 147 169 491
Italy 27 206 178 193 577
Soviet Union 10 440 357 325 1122
Sweden 27 147 170 179 494
United states 27 1022 794 704 2520
Question 13
(a) What moves or acts would you take to rank them from 1st to 10th in Excel?
In Excel, the RANK method contains the rank of a variable in a number list. If there's enough
only one amount of the same rank, use RANK.AVG to determine the average rank.
1. Unless the third statement is excluded (or 0), Excel ranks first as the greatest number, second
as the highest amount, etc.
2. If another third statement is 1, the shortest amount is first ranked by Excel, the second lowest
amount is second, etc.
3. In Excel, the RANK.AVG function returns the sample consisted whether the same rank is used
for upwards of once amount.
Only for RANK feature, there are 3 justifications:
• Number: In the instance earlier in this thread, the amount to be ranked is in cell B2
•Ref: researchers would like to consider the number to the $B$2:$B$11 ranking of cell numbers.
Using an absolute reference ($B$2:$B11), rather than a conditional reference (B2: B11), so that
when you copied the equation across to the cells above, the defined range will remain same for.
Order: (adjustable) This statement informs Excel if the list should be ranked in lowest to highest.
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To seek the rank in the chart in increasing order, use zero, or leaving this statement blank.
The rank claim was ignored entirely in the instance before, to seek the rank in descending
order.
(B2,$B$2:$B$11) = RANK
Form a 1, and any other number but zero, for ascending order.
You might type a 1, to rank in ascending order, if you were contrasting golf scores.
The = RANK(B2,$B$2:$B$11,1)
The 3rd statement (order) is unspecified in the RANK function. The command claim informs
Excel whether the list should be ranked in ascending or descending.
When you use zero as the ordering structure, or if the 3rd argument is not used, the rank is
defined in descending order.
A rank of 1 gets the highest number
The tenth largest number is ranked at 10.
If you use a 1 as the ordering framework, or if you insert as the 3rd argument any
quantity but zero, the rank is set in decreasing order.
A rank of 1 receives the shortest distance
A rank of 10 receives the 10th lowest amount.
Using a cell guide to construct a versatile equation, rather than entering the order
statement amount into a RANK method.
For illustration, in cell E1, type a 1, but for the ordering statement, connect to cell E1.
You can easily see higher capacity by connecting to a cell, while changing the design. In cell E1,
type a zero or remove the amount, and the rank changes to Descending Order.
There are only 2 options for the order option-ascending or descending. Using a checkboxes to
switch the Ascending Order ON or OFF to make it easier for people to change the structure.
Whether it is ON, the order of the RANK is Ascending.
If it is switched OFF, the descending order of the RANK will be
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B) In Excel, define the particular corrective action) or step(s) that will create a list / display of
those countries with a total of 800 or more medals?
Conditional formatting makes it much easier through using information labels, colour scales, and
symbol collections which conform to unique differences in the data to identify unique cells or
groups of cells, identify mysteriously, and visualize data. Depending on the circumstances that
you define, a conditional format affects the color of cells. The cell range is configured unless the
statements are met; unless the conditions are incorrect, the range of cells is not configured. There
are several built-in requirements, and you can build your own as well (such as when using a True
or False assessment method).To implement this practice, the Excel method is contingent
formatting, which can imagine values below 800 by showing them as different colours. The steps
for getting the answer below provide:
Support these measures to establish this fundamental configuration rule:
1. Select a particular modules in your normal range (in this case, cells C3: C14), click the Excel
Ribbon 's Home tab, and afterwards click Conditional Formatting as a new rule. A options dialog
box with the New Configuration Rule.
2. Press the Use Formula to Decide Increasing Cells to Format choice in the list box on the right
of the dialogue box. This subset examines the meanings accordance with the study definition. If
TRUE is evaluated by a specific value, the conditional specification is transferred to that cell.
3. Access the calculation presented here in the calculation box that appears. Remember that the
first cell in the goal range is literally referenced by you. It's not necessary for you to search the
full portfolio.
4. Press the button on Format. This triggers the utilizing existing dialogue box, which provides
you with a full range of font, border, and fill advanced settings for your cell nucleus. After
determining your formatting choices have been accomplished, click “Ok” to approve your
modifications and navigate to the New Formatting Rule dialogue.
(c) Line graph or bar graph is more suitable in representing gold medal information
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(d) Total; in total column replicating formula of SUM for all other teams has been used.
(e) =SUM() formula can be used to total overall medals
Question 14
a. Give the total number of medals for Germany and Great Britain.
Formula:
= SUM(F32 + F38)
b. Give the average number of silver medals for a European country
Formula:
European countries = France, Germany, Great Britain, Italy, Soviet Union and Sweden
Total 6 counties.
=AVERAGE (F31 + F32 + F33 + F35 + F36 + F37)
c. Sum the Medals Total for Gold for those countries with less than 20 games involvement.
To solve this, the equation 'what if' will be applied, after which the answer will be in the type of
FALSE TRUE; whereby 'FALSE' implies quantities below 20 and 'TRUE' implies value above
20. Afterwards, all the cells representing the TRUE value are filtered and the GOLD quantities
are determined. These steps are listed below:
1. Pick the cell that contains the value you want to alter. You'll need to pick a cell which already
includes a method or structure when you use Goal Seek.
2. Press the What-If Research button on the Data tab, and then pick Target Seek from the drop-
down menu.
3. With 3 domains, a dialog box appears:
Set cell: This is the cell that holds the result that you want. In our example , cell B7 has been
picked.
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By modifying the cell: This is the unit where even the response is put by Target Seek. We will
choose cell B6 in our instance, if we want to decide the grade on the final project that we need to
win.
4. Whether Goal Seek is able to get it done, the dialogue box will inform you. Only click OK.
5. In the stated cell, the results will be displayed. In our instance, Goal Seek determined that in
order to earn a good grade, we would need to score at least 90 on the final project.
d. Check the file (the entire spreadsheet) to identify ‘Italy’ and even the related Medals Overall.
The VLOOKUP feature will be implemented here; VLOOKUP continues to stand for "vertical
lookup." In Excel, this involves the practice of horizontally looking data up along a spreadsheet,
that use the sections of the excel sheet as the grounds of your quest, and a specific location in
those sections. Because once you look up your files, that wherever the data resides, it should be
mentioned diagonally.
To worth: This is the outcome that is desired. We'll be entering 70 in our case, but we need to
pay at least that to complete this course.
1. Define a column of cells that you want to populate with new information.
2. Choose 'Feature' (Fx) > VLOOKUP and paste this equation into the cell you illuminated.
3. Insert the lookup key for which one you want new information to be retrieved.
4. Enter a database tables set where even the required data is stored.
5. Enter the column amount of the information you would like to retrieve from Excel.
6. To pinpoint the suitable or estimated match of your search value, enter your scope lookup.
7. Select 'Done' (or 'Enter') and your current row will be filled in.
Question 15
(a)
• The median is determined as the middle element in the category when the overall amount of
provided figures is odd.
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The median is determined as the sum of the two numbers in the centre when the overall amount
of provided items is even.
• Neglect cells that contain relevant, maximum quantity, or no meaning.
• figures can be provided as figures, ranges, decided to name distances, or comparisons to cells
containing numerical values. It is possible to supply up to 255 numbers.
There is no constructed-in way of applying parameters to the MEDIAN function.
Provided a range, the MEDIAN (middle) amount in that range would be returned. We
just use IF function within MEDIAN to 'philtre' values in important to formulate
parameters.
So, firstly, results will be presented in the following subsections and median will be recognised
for 5th and 6th position.
Gold Median:
219.5
Silver Median:
209.5
Bronze median:
206.5
(b) Calculate the mean number of medals for each of the 3 medal types, stating the formula you
would use for determining the mean for the bronze medals.
Mean:
Gold = 311; Silver = 282 and Bronze = 281
Formula; (= AVERAGE(E29:E38))
(c) Calculate the standard deviation of the total medals awarded to each country (column F)
using the formula below.
Standard Deviation (σ) = 288.60926
Variance (σ2) = 83295.306
Count (n) = 12
Mean =478.83333
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Sum of SquaresSS =999543.67
σ = ( x u ) 2
N
σ = 999543.67
12
= 83295.306
= 288.60926
(d) The most widely utilized Standard deviation in an observable procedure is standard deviation
when combining is being used to calculate focused preference. It calculates the total distribution,
since these lines do. Due to the near links to the mean, if the mean offers an unassisted aspect of
the attention deflection, a normal movement may have a major impact.
Exceptions which can usually be added in the aftereffects of the particular deviation are also
covered by the standard deviation. In this context, a fair suggestion that there are variations is
universal prejudice. For correct ratio without deviations, this makes natural movement a very
helpful aspect of the transmission.
Question 16
(a) There are using column chart to present the total gold, silver and Bronze medal that earned by
the 10 countries in Olympic Game.
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Australia
China
France
Germany
Great Britain
Hungrary
Italy
Soviet Union
Swedon
United states
0
200
400
600
800
1000
1200
147
227 212 275 263
175 206
440
147
1022
163 165 241 313 295
147 178
357
170
794
187 151
260
349 289
169 193
325
179
704
Total games
Gold
Silver
Bronze
(b) Colum chart: A graph that shows comparable variability intervals or the comparative size,
length, quality, or strength of a number of individuals by means of contrasted relative column
Australia
China
France
Germany
Great Britain
Hungrary
Italy
Soviet Union
Swedon
United states
0
500
1000
1500
2000
2500
3000
497 543 713 937 847
491 577
1122
494
2520
Total
Total
In this chart represent of the total medals of 10 countries that earned by players in Olympic
Games after participation.
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CONCLUSION
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REFERENCES
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from PCAOB standards, federal legislation, and the courts. Accounting Horizons. 32(3).
pp.91-100.
Doorgakunt, L. D. B., 2019. Fair value hierarchy in financial instruments disclosure-do audit
committee and internal audit matter?. International Journal of Corporate
Governance. 10(2). pp.113-133.
Héroux, S. and Roussy, M., 2019. Three cases of compliance with governance regulation: an
organizational learning perspective. Journal of Management and Governance, pp.1-31.
Islam, M. A., Deegan, C. and Gray, R., 2018. Social compliance audits and multinational
corporation supply chain: evidence from a study of the rituals of social audits. Accounting
and Business Research. 48(2). pp.190-224.
Mock, T. J., Ragothaman, S. C. and Srivastava, R. P., 2018. Using evidential reasoning
technology to enhance the audit quality assurance inspection process. Journal of
Emerging Technologies in Accounting. 15(1). pp.29-43.
Padró, F. F. and Sankey, M., 2018. Benchmarking as an instrument for continuous improvement
in a regulated higher education quality assurance environment. In Cases on Quality
Initiatives for Organizational Longevity (pp. 35-73). IGI Global.
Shalimova, N. and Androshchuk, I., 2018. Approaches To The Interpretation Of The Term
“Historical Financial Information” As The Criterion For The Classification Of Audit,
Review, And Other Assurance Engagements. Baltic Journal of Economic Studies. 4(3).
pp.333-342.
Silvers, A., Licina, A. and Jolevska, L., 2018. A clinical audit of an office-based anaesthesia
service for dental procedures in Victoria. Anaesthesia and intensive care, 46(4), pp.404-
413.
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