Descriptive Methods Using Data Analysis

Instructions

Descriptive Methods Using Data AnalysisDiscussion ResourcesLind, D. A., Marchal, W. G., & Wathen, S. A. (2022). Basic statistics in business and economics (10th ed.). McGraw-Hill.Chapter 2, "Describing Data: Frequency Tables, Frequency Distributions, and Graphic Presentation."Beginning with a scenario about how a large corporation uses statistics and analytics to support business decisions, this chapter also includes instructions on how to create descriptive statistics such as frequency tables, bar charts, pie charts, histograms, and frequency polygons (line charts).InstructionsFor this discussion, consider the different ways of presenting data that you have been reading about. Based on the context of the business in which you work or have interest, provide one example of the kind of data that may be best presented in a graph and the type that may be best presented in a table.

Answer

Data presentation is one of the most important activities of any study. This assertion is because users depend on these presentations to judge the findings of the study. Besides, proper presentation is crucial in the assistance of the understanding of the research. Some of the data presentation approaches learned during the study includes tabulation, charts and diagrams statistical averages and statistical maps. Tabulation of data entails presentation of information in a simple distribution table (Williamson, Birkin and Rees, 1998). In the case of charts and diagrams, there are several approaches used in studies of present data. The most common approaches include bar charts, histogram, pie charts and pic to gram (Lind, Marchal and Wathen, 2019). These methods are the easiest to construct,...
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