Preview

Blackmores Research

Good Essays
Open Document
Open Document
992 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Blackmores Research
Analysis

Descriptive statistics
There six variables that we will analyse in this section, and shall be done one at a time.

There are three different account types that are extracted from our sample. They are: * V: Visa * S:Savings * C: Cheque

Refer to the frequency table and the pie chart provided in the appendices, you will notice that 6% of the sample have C accounts, 33% of the sample data have S accounts; and 61% of the sample data have V accounts. We can now refer to the pie chart, which represents the frequency table in graphical form. It was decided that this type of data was nominal, hence; choosing the appropriate techniques to represent and analyse this data type.

Refer to the frequency table in and the bar graph in the appendices, you will notice that 90% of the sample data are males and 10% of them are females. We can now refer to the bar graph, which graphical represents the portion of females and males from the sample. It was decided that this data type was nominal, hence choosing the appropriate techniques to represent and analyse the data type. Age – Please refer to Appendices-1iii

For this data type a different approach was taken. You will notice the frequency table in the appendices, under the ‘Age’ column there are age intervals (e.g. 30 - <40) which help group the data for a better representation. There is another table labelled ‘Data Analysis – Descriptive Stats’ which helps us to determine certain aspects of a ratio (continuous) data type. The important statistics that will be discussed whenever there is an analysis as such will be highlighted in Black. However, as done before the frequency table is provided with a graphical representation (Histogram) which displays the data.

Now specifically referring to the data analysis there are specific statistics that shall be discussed and explained as follows: * Mean: which provides the centrally tendency of this sample data, and concludes that the

You May Also Find These Documents Helpful

  • Good Essays

    Acct 505 Course Project

    • 596 Words
    • 3 Pages

    The 1st individual variable is LOCATION which is a categorical variable. The three subcategories are Urban, Suburban and Rural. Since Location is a categorical variable, the measures of central tendency have not been calculated for this variable. The frequency distribution and pie chart are given as follows:…

    • 596 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    ECOR 1010 LAB 5

    • 419 Words
    • 2 Pages

    The histogram was used in order to show the frequencies that were calculated from the dimensions in an order of every two subsequent numbers. The sample mean, sample variance, sample standard deviation, and standard error were calculated using manual and automated ways in MS Excel. In the end, both results were compared and found to be similar.…

    • 419 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Gm533 Aj Davis Part a

    • 654 Words
    • 3 Pages

    The 1st individual variable considered is Location. It is a qualitative variable. The three subcategories are Urban, Suburban and Rural. Since this is a qualitative variable, the measures of central tendency and descriptive statistics has not been computed for this variable. The frequency distribution and pie chart are given as follows:…

    • 654 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The histogram is present in Appendix A; the descriptive statistics are present in Appendix B; the scatterplot relating age and sales is in Appendix C.…

    • 357 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Exercise3statistics

    • 657 Words
    • 2 Pages

    3. Which variables in Table I are measurement at the interval/ratio level? Which ones are measured at the nominal level? Provide a rationale for your answer.…

    • 657 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Coding sheet was made for quantification which will be analyzed quantitatively in the final chapter of Discussion and Analysis.…

    • 393 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Summarize the data collected using descriptive statistics. Descriptive statistics should be in the forms of frequency distribution table, measures of mean, median, mode, standard deviation, and graphical display of data.…

    • 362 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Even an appropriate chart type is selected, issues such as scaling, suitable titles and legend types must be considered carefully to ensure effective communication of the data so that it can be interpreted to aid decision making. Data is usually presented in digital table form, sometimes printed out only from the spreadsheet. While this presentation style provides detailed figures, it is not the efficient way to provide and disseminate information. It may be emphasizing some key information, or to emphasize the relationship between certain data or to identify trends. Appropriately presenting data in the form of graphs or graphs can be a useful analysis tool and this can facilitate the decision-making process if the data is effectively interpreted. It allows the user to create charts or graphs that look very professional and let decision makers review data…

    • 661 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    HSCN :Spend Analysis

    • 572 Words
    • 3 Pages

    1. How you would approach an analysis based on the information available in the charts…

    • 572 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Summarizing and Presenting Data If using RES/351 data: Revise the report submitted in Week Two based on the feedback provided by the instructor in the Learning Team assignment, and insight gained by reading. Summarize the data collected using descriptive statistics.…

    • 574 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    10. When examining the relationship between a nominal variable and an interval or ratio variable, you would create a table using the nominal variables, calculate the mode and median of the interval or ratio variable, then make a…

    • 1330 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Blackfriars escorts noticed that the name Blackfriars was first used in 1317 (as Black Freres from the French 'frère' meaning 'brother') and derives from the black cappa worn by the Dominican Friars who moved their priory from Holborn to the area between the River Thames andLudgate Hill in 1276. Edward I gave permission to rebuild London's city wall, which lay between the river and Ludgate Hill, around their area. The priory was eventually closed in 1538 during Henry's Dissolution of the monasteries. Blackfriars escorts recorded that Katherine Parr, Henry VIII's sixth and final wife, was born in the area. Some of the buildings were subsequently leased to a group of entrepreneurs who created the Blackfriars Theatre on the site, not far from…

    • 193 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    raw data on age and education are categories that must be converted to numerical data before plotting. Each…

    • 1231 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Nursing Research

    • 284 Words
    • 2 Pages

    o Was the proper chart or graph used to present this data? Why or why not?…

    • 284 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Role of financial statements

    • 11456 Words
    • 46 Pages

    Words of mouth are not enough to express my level of gratitude to God for his…

    • 11456 Words
    • 46 Pages
    Powerful Essays