...Summarizing and Presenting Data Team C Erin E. DeVera, Robin Evans, Cheryl Houston, Craig Isaac, Burnadette Johnson, Tiffany Pena, Darren Smith QNT/351 June 25, 2012 Alemayehu Lirenso, PhD Summarizing and Presenting Data Summarizing data effectively to communicate concepts with clarity to ensure an understanding by an audience is important when presenting. The central location comprised of mean, median, and mode, followed by the measure of dispersion; standard deviation, variance, skewness, and coefficient of variation are used to evaluate wages, education level, and work experience. Bivariate charts in the form of bar, histogram, line or pie graphs are an effective method of displaying key findings necessary for data analyst and interpretations. Central Location Measure of central location is a measure of location within a distribution and summarizes the one score that best describes the centrality of the data. The measure of tendency that best represents the data set in this example is the median for wages as it represents a good indicator of the typical salary within the data set. | | |Mean |Median |Mode | |Wages |$3,083,346 |$30,833.46 |$43,036 |$20,852 | |Education |1273 |12.73 |18 |12 | |Experience |2038 ...
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...Littletown Café Data Analysis QNT/275 January 25, 2016 The Littletown Café has a different schedule it’s busy season and off season. Careful analysis of statistical data will aid in future decisions for the business. By using qualitative and qualitative data, information gathered can determine the number of staff that is needed for the busy season. Graphs and charts are used when presenting this type of data to show variations between seasons. As with any data, there can be several factors that can influence the validity of the data if it isn’t consistent, such as if there is an abundance of discrepancies in the data sets that could potentially compromise its validity. Some factors that would affect the validity of the set would be weather, temperature, and construction. The continuous changes in these factors could determine whether business will be good or bad. Reliability of the data set can convey the genuine, dependable, constant, and the consistency. Misplaced documents of employee’s record could also affect the reliability of the set. Another problem is no-shows and illnesses could offset the information trying to be analyzed. The steps taken for my conclusion about the validity and reliability was to check and make sure if the data was consistent and if the process was collected was valid for the study. This gave me a chance to check the data to make sure that everything was good enough to be included in the study.Central tendency and variability give us a more...
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...Representation of Data Tabulation is a good method of condensing and representing data in a readily understandable form, but many people have no taste for figures. They would prefer a way of representation where figures could be avoided. This purpose is achieved by the presentation of statistical data in a visual form. The visual display of statistical data in the form of points, lines, areas and other geometrical forms and symbols, is the most general terms known as Graphical Representation. Statistical data can be studied with this method without going through figures, presented in the form of tables. Such visual representation can be described in the sections that follow. The basic difference between a graph and a diagram is that a graph is a representation of data by a continuous curve, usually shown on a graph paper while a diagram is any other one, two or three-dimensional form of visual representation Types of Diagrams I. Simple bar chart II. Multiple bar chart III. Component bar chart IV. Rectangles and Sub divided Rectangles V. Pictograms VI. Pie Diagrams Simple Bar Chart A simple bar chart is used to represents data involving only one variable classified on spatial, quantitative or temporal basis. In simple bar chart, we make bars of equal width but variable length, i.e. the magnitude of a quantity is represented by the height or length of the bars. Uses of Simple Bar Chart: 1. Vertical bar chart is an effective way for presenting a time series...
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...his staff call all those people in Gulberg who plan to vote in the upcoming election and ask for whom they plan to vote. He could go out on a street in Lahore, stop 10 people who look to be of voting age, and ask them whom they plan to vote. He could also select a random sample of 2,000 voters from the city, contact these voters, and, on the basis of this information, make an estimate of the percent who will vote for him in the upcoming election. Why we study statistics? 1) Data are everywhere. We need statistics to understand and analyze the information, 2) Statistical techniques are used to make many decisions that affect our lives, and 3) Statistical methods will help you make these decisions more effectively. What is meant by statistics? A collection of numerical information is called “Statistics”, e.g. the average time waiting for technical support is 17 minutes, the average length of the business cycle since 1945 is 61 months, etc. We often present statistical information in a graphical form. A graph is often useful for capturing reader attention and to portray a large amount of information, e.g. Lays Volume and S hare of Major S nack Chip Categories Corn Chips 82% Lays Chips...
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...The Scientific Method: Observation and Hypothesis INTRODUCTION By now, you have examined a variety of phenomena in the natural world A focus of environmental science is to explain these phenomena. That is, what are the causes and effects of such phenomena? How does one go about investigating the causes and effects such that the conclusions are meaningful and reliable? The answer is the scientific method, which uses designed experiments and careful observations to investigate causes and effects. The scientific method is the systematic procedure for investigation, which generally is composed of the following: 1. Observe a phenomenon 2. Formulate a hypothesis: a tentative description that explains your observation 3. Design and conduct an experiment to test the hypothesis 4. Present your results 5. Interpret the results that validate or modify the hypothesis Step 1—Observed Phenomenon Suppose you observe that an environmental phenomenon (e.g., rainbow trout, Salmo gairdneri are no longer present in a nearby polluted river). You could conduct research by examining the literature to determine what other studies have been done to help you find an explanation. However, the studies may not be directly applicable. You might want to design and conduct your own study. Step 2—Formulate a Hypothesis The second step is to formulate a hypothesis. A hypothesis is a statement of the cause and effect in a specific situation. It is a...
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...Summarizing and Presenting Data University of Phoenix Quantitative Analysis for Business QNT/351 June 02, 2014 Summarizing and Presenting Data At Ballard Integrated Managed Services (BIMS), we pride ourselves on providing excellent services to our business partners and offering excellent employment opportunities. This is why Barbara Tucker, the general manager for BIMS at Douglas Medical Center, has grown concerned over a recent increase in employee turnover rates. The employee turnover rate has increased from annual averages of 55%-60%, which correlates with other local area businesses, up to its current peak of 64%. Barbara believes that the increased turnover rate among BIMS employees is due to an overall decrease in morale. In an attempt to identify the contributing factors of this problem and offer insight to a possible solution, an anonymous non-mandatory survey was administered to each of its 449 employees. Out of the 449 employees, only 78 completed the survey. In this report, several key factors will be discussed as to why employee morale is low and turnover rates high. Recommendations for a solution to the problems and ways to increase employee participation with surveys moving forward will be addressed. The data collected from the surveys issued to employees indicate that the increase in turnover rates is directly related to low morale among the staff. Some of the more concerning answers were from questions six and nine, which revealed negative responses...
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...it provides the reader with a framework for understanding the paper if they decide to read it. Thus, your abstract should describe the most important aspects of the study within the word-limit provided by the journal. As appropriate for your research, try to include a statement of the problem, the people you studied, the dependent and independent variables, the instruments, the design, major findings, and conclusions. If pressed for space, concentrate on the problem and, especially, your findings. Introduction: You will usually start your report with a paragraph or two presenting the investigated problem, the importance of the study, and an overview of your research strategy. You do not need to label this section. Its position within the paper makes that obvious. The introductory paragraphs are usually followed by a review of the literature. Show how your research builds on prior knowledge by presenting and evaluating what is already known about your research problem. Assume that the readers possess a broad knowledge of the field, but not the cited articles, books and papers. Discuss the findings of works that are pertinent to your specific issue. You...
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...Case Assignment: Analyzing Financial Performance Software skills: Spreadsheet charts and formulas Business skills: Financial statement analysis As part of your analysis of the company for management, you have been asked to analyze data on Dirt Bikes’s financial performance. Review Dirt Bikes’s selected financial data in the Introduction to Dirt Bikes, which can be found at the Laudon Web site. There you will find Dirt Bikes’s income statement and summary balance sheet data from 2005 to 2007, annual sales of Dirt Bikes models between 2003 and 2007, and total domestic versus international sales between 2003 and 2007. Use your spreadsheet software to create graphs of Dirt Bikes’s sales history from 2003 to 2007 and its domestic versus international sales from 2003 to 2007. Select the type of graph that is most appropriate for presenting the data you are analyzing. Use the instructions at the Laudon Web site and your spreadsheet software to calculate the gross and net margins in Dirt Bikes’s income statements from 2005 to 2007. You can also create graphs showing trends in selected pieces of Dirt Bikes’s income statement and balance sheet data if you wish. (You may want to rearrange the historical ordering of the data if you decide to do this.) Prepare an addition to your management report that answers these questions: • What are Dirt Bikes’s best- and worst-performing products? What is the proportion of domestic to international sales? Have international...
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...Hodan Hashi October 29, 2014 What is the Concentration of dissolved Solids in a potato cell? DESIGN – Aspect 1: Defining the problem & selecting variables Research Question: How does the concentration of salt solution affect the mass of the potatoes. Background Information: Try to include known values / expected results from literature If you are going to include diagrams make sure you give them a fig # & descriptive title. Hypothesis: Table 1: Variables Selected for this Experiment | |Units |Range | |Independent Variable | | | | |Dependent Variable | | | | | | |Control Variables |Units |Possible effect on results | | | | | | | ...
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...employees. In this paper I will discuss the distinctiveness of an audience that would be required if I was presenting a quarterly sales information meeting to a group of stakeholders, which would also include the managers, sales people and its customers. I will also be discussing the communication channels that would be most suitable for specific meetings and some concerns that I may need to keep in mind because of the diversity of the audience attending the meeting. When preparing a presentation of quarterly sales information you will want to discuss different topics, particularly pertaining to the corresponding audiences. Face-to-face presentations are common in sales and usually involve speaking to a large group of individuals. For instance, a face-to-face presentation might include showing graphs, spreadsheets and/or a PowerPoint presentation to the group of people from the company that has investments within the company. One consideration that you should consider most important with this channel of communication is that it allows the salesperson conducting the presentation to adapt to the audiences needs. If the meeting is being held for the stakeholders of the company, the presentation would be held differently than if the information or products were being presented to the managers, salespeople or even the customers. The stakeholders would be better informed with data contained in quarterly sales charts that entail the production of the business, especially dealing with...
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...lines of text - Use statements, not sentences - Use keywords to help the audience focus on your message - Don't include too many details and data (no more than 7 words to a line and 7 lines to a slide) - Don't crowd the information - Don't use flashy or curvy fonts - Don't use all uppercase letters (they are difficult to read and will appear to your audience that you are yelling) - Don't use abbreviations - Don't use punctuation marks for bulleted items Noise Effects Noise Effects - Use sounds to help convey, complement, or enhance the message - Don't use sounds when they aren't appropriate - Sounds can be distracting and can make your presentation less effective Color Color - Limit the use of color to 2 to 4 colors/shades - Use colors that will stand out and will be easy on the eyes (dark backgrounds and light text is best) - Remember, the colors projected from a data projector will look different than the colors on your computer screen - Don't have multiple color schemes - Don't use dark colors on a dark background (red, blue, and black should not be used together as text and background) Online Resources: http://graphicdesign.about.com/library/color/blweb.htm http://www.colormix.com/ Images and Shapes Images and Shapes - Include images that make the issue you are presenting more true to life, so your audience will understand and identify with it - Only include 1 to 2 images per slide - Use shapes to illustrate complex...
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...Recording and presenting your data 1 Calculate the cross-sectional area A of the wire using the equation A = ¼πd2 2 Record your values for m and x in a table of results. Include columns for F and for the stress and the strain, where F = mg Stress = F/A Strain = x / L Where F is the applied force, x is the extension, A is the cross-sectional area and L is the original length and g = 9.81 m.s-2. 3 Plot a graph of stress (y-axis) against strain (x-axis). Analyzing your data 1 Calculate the gradient of your graph. 2 The Young modulus E of the material of the wire is given by the equation E = stress / strain. Use your answer to 1 to determine the Young modulus of the material of the wire. Evaluation The procedure you carried out including what steps were taken to reduce error. 1 Estimate the actual error in each measurement taken. 2 Describe any limitations or problems with the method used to determine the Young modulus. 3 Suggest why a large value of L was used in this experiment. 4 Suggest two ways in which the accuracy of the measurements taken could be improved. 5 Look up the ‘true’ value for the Young modulus of the material of your wire. Comment on the difference between this ‘true’ value and the value you obtained from your experiment. Key learning objectives • To experimentally determine a value of the Young modulus of a material. • To illustrate the importance of making some variables large in order to reduce errors in small readings. Expected Results material...
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...out how customers are likely to respond to a new type of promotional activity I have created a brief for Cadbury’s new chocolate bar aimed at children. See attached document After the market research team is given the brief, the team will then decide on what resources they will need to conduct the market research. This is important because of the extent of the required research project it is important to know what they are researching the resources they need, and how they are going to do it. It is also important to be clear about the target audience that the research is aimed at. For my market research I will be looking at primary and secondary research and then comparing the data to create a chocolate bar for children. I will be using internal and external resources to gather my data. The researchers that conduct the market research should have clear and easy to achieve objectives. By doing this it become more easily to check that they have met all the...
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...| Course Project: AJ DAVIS DEPARTMENT STORES | | | | | | This is a report presenting detailed statistical analysis of the data collected from a sample of fifty credit customers in the department chain store AJ DAVIS. Data was collected on five variables, which were location, income, size, years at current location and credit balance. The first variable analyzed was that of Location. The location data is a categorical variable. Which was further broken down into three subcategories? These subcategories are Urban, Suburban and Rural. A frequency distribution and pie chart are given as follows: Frequency Distribution: | Location | Frequency | Urban | 21 | Suburban | 15 | Rural | 14 | The pie chart and frequency distribution, proves that the largest number of customers are those in the rural category (42%), followed by those in the suburban category (30%). There are only 28% of the customers falling into the urban category. The next variable analyzed was Size. It is a quantitative variable. Central tendency, variation and a bar graph were calculated for the Size variable. The mean household size of the customers is 3.42. And the median of the data collected is 3, the mode is 2. The standard deviation is rounded to the nearest one hundredth and is 1.74. Upon reviewing the frequency distribution chart and the bar graph, the largest number of customer household size is 2. Size | Mean | 3.42 | Median | 3 | Mode | 2 | Standard...
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...BTEC NATIONAL IN BUSINESS Unit 4 – Business Communication Assignment 2 – Presenting Different Types of Business Information Effectively ------------------------------------------------- This task assesses ------------------------------------------------- ------------------------------------------------- P2 Present complex internal business information using three different methods appropriate to the user’s needs ------------------------------------------------- ------------------------------------------------- P3 Produce corporate communications ------------------------------------------------- ------------------------------------------------- P4 Evaluate the external corporate communications of an existing product or service ------------------------------------------------- Scenario: You work in the marketing department at a theme park of your choice and you have been given a project to research and design a marketing campaign for the company. One part of your project requires you to communicate information relating to the project in a number of different formats; a verbal presentation about ideas for how to market the theme park/ new ride, a report on the success of previous marketing campaigns and a leaflet to advise staff on a new marketing campaign. Another part of the project requires you to team up with colleagues to pitch an idea for the marketing campaign of a new ride. You will make a number of corporate communications and pitch the idea to the board...
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