Data Analysis and Forecasting Report for Numeracy Module
VerifiedAdded on 2022/12/14
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Report
AI Summary
This report presents a data analysis of transport expenditure over ten months. It begins by representing the data in tables and graphs, including column and line charts. The main body then delves into descriptive statistics, calculating and interpreting the mean, median, mode, range, and standard deviation. A linear forecasting model is employed to predict expenditure for the 14th and 16th months. The report concludes with a summary of the findings, emphasizing the value of data analysis in making informed decisions and managing future expenses. The report also includes references to supporting literature.