Data Analysis and Numeracy Assignment: Transport Spending

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Added on  2022/12/09

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Homework Assignment
AI Summary
This homework assignment focuses on numeracy and data analysis, utilizing a dataset of monthly transport spending. The assignment begins by organizing the data in a tabular format and then presents it visually using column charts and line graphs. Descriptive statistics, including mean, median, mode, range, and standard deviation, are calculated to summarize the data. Finally, a linear forecasting model (y = mx + c) is applied to predict transport spending for months 14 and 16. The analysis provides insights into spending patterns and utilizes statistical tools to derive meaningful results and predictions. The conclusion summarizes the findings, highlighting the average spending, recurring values, and forecasted spending for the specified months. The assignment demonstrates the practical application of data analysis techniques in a business context.
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