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Question
- what are three different ways to analyze data?
- explain how to calculate the mean of data.
- what are two benefits of using charts and graphs during a presentation?
- what is the first step to determining the best way to convey data visually?
Step1: Analyze data
Three ways: descriptive (summarize), inferential (draw conclusions), predictive (forecast).
Step2: Calculate mean
Sum all data values, divide by number of values. Formula: $\bar{x}=\frac{\sum_{i = 1}^{n}x_{i}}{n}$.
Step3: Benefits of charts/graphs
Simplify complex data, highlight trends/patterns.
Step4: First step for visual data
Identify the data type (qualitative/quantitative).
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- Descriptive, inferential, predictive analysis.
- Sum all data values and divide by the number of values ($\bar{x}=\frac{\sum_{i = 1}^{n}x_{i}}{n}$).
- Simplify complex data, highlight trends/patterns.
- Identify the data type (qualitative/quantitative).