Data Analysis and Forecasting: Numeracy and Data Analysis Report
VerifiedAdded on 2023/01/07
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Report
AI Summary
This report presents a comprehensive analysis of phone call data using various statistical techniques. It begins by presenting the data in both table and graphical formats, providing a clear visual representation of the phone calls made over a ten-day period. The report then delves into descriptive statistics, calculating the mean, median, mode, range, and standard deviation to summarize the dataset. The mean value is determined to be 5.8, representing the average number of calls per day, while the median and mode both equal 6, indicating the central tendency and most frequent occurrence, respectively. The range is calculated as 6, and the standard deviation is found to be 1.77, reflecting the data's dispersion. Furthermore, the report employs a linear model for forecasting future values, predicting phone calls for the 12th and 14th days, resulting in forecasted values of 5.83 and 5.84 respectively. The report concludes that, based on the analysis, the future phone call volume is projected to be approximately 6 calls per day. The report includes proper referencing.
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