BUSINESS DATA

Presentation and Analysis

DATA:

Is the plural form of the

Latin word “datum”,
meaning “a thing given”.

It is refers to factual

information in raw or
unorganized form.

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Samples of Data:

SEX
Male and Female
AGE GRADES
8 Years old – 10 Years old
11 years old – 13 Years old 84, 78, 90, 88, 92, 84, 85,
14 years old – 16 Years old 77, 89, 87, 87
17 years old – 19 Years old

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Statistics
Is the branch of mathematics that focuses
on collecting, organizing, analyzing,
interpreting, and interpreting data.
Methodology for collecting, analyzing,
interpreting, and drawing conclusions
from information.
Is the method which scientists and
mathematicians have developed for
interpreting and drawing conclusions
from collected data. TREY 4
 Gathering
Business Data
Method of statistics

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Gathering Business Data
Initial step in analyzing business data is gathering data. Without
the data, no analysis can be made.

Primary Source of Data Secondary Source of Data

Business Directories
Observation
Demographic data from
Networking government or private
Interviewing agencies
experimentation Existing market research
internet
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Analyzing and
Interpreting
Business Data

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Analyzing and Interpreting Business Data
Once the data has been gathered, it is assembled and presented making it
easier to handle and interpret.
Gross Revenue Company Sales Revenue Over Time
$300,000 $300,000
$6,750
$33,750
$250,000 $250,000

$200,000 $200,000

$150,000 $135,000 $150,000

$100,000 $270,000 $100,000

$50,000 $50,000

$0 $0
20YY 20YY 20YY 20YY 20YY 20YY 20YY 20YY 20YY 20YY

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Frequency Distribution
Frequency (f)
Of a particular observation is the number of times the observation occurs in
the data.

Frequency Distribution
 Can show either the actual number of observations falling in each range or
the percentage of observations.

Consider this data set showing the retirement age of 12 people, in whole
years:
Add a footer 55, 56, 57, 57, 58, 58, 60, 60, 62, 65, 65, 65 TREY 9
Types of Graphs

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Graphs
Type: BAR GRAPHS
To show the numbers
that are independent to
each other. Example data
might includes things like
the number of people
who preferred each of
Chinese takeaways,
Indian takeaways, fish
and chips.
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Graphs
Type: PIE CHARTS
To show how a whole is
divided into different
parts, you might, for
example, you want to
show how had budget
had been spent on
different items in a
particular year.
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Graphs
Type: LINE GRAPHS
To show you how
numbers have changed
over time. They are
used when you have
data that are
connected, and to show
trends, for example,
average temperature in
each month of the year.
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Graphs
Type: CARTESIAN GRAPHS
Have numbers on both
axes, which therefore
allow you to show how
changes in one thing
affect another. These
are widely used in
mathematics and
particularly algebra.
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Graphs
Type: HISTOGRAM
Is a specific type of
bar chart, where
the categories are
ranges of numbers.
It is therefore show
combined
continuous data.
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Graphs
Type: PICTOGRAMS
Is a special type of
bar graph. Instead
of using an axis with
numbers, It uses
pictures to
represent a
particular number
of items.
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BUSINESS DATA
SUMMARY:
DATA Is the plural form of the Latin word “datum”, meaning “a
thing given”.
STATISTICS Is the branch of mathematics that focuses on
collecting, organizing, analyzing, interpreting, and interpreting
data.
 Initial step in analyzing business data is gathering data.
Without the data, no analysis can be made.
FREQUENCY of a particular observation is the number of times
the observation occurs in the data.

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ThankYou

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