Statistics for Managers using Microsoft Excel 3rd Edition

Содержание

Слайд 2

© 2002 Prentice-Hall, Inc. Chapter Topics Organizing numerical data The ordered

© 2002 Prentice-Hall, Inc.

Chapter Topics

Organizing numerical data
The ordered array and

stem-leaf display
Tabulating and graphing Univariate numerical data
Frequency distributions: tables, histograms, polygons
Cumulative distributions: tables, the Ogive
Graphing Bivariate numerical data
Слайд 3

© 2002 Prentice-Hall, Inc. Chapter Topics Tabulating and graphing Univariate categorical

© 2002 Prentice-Hall, Inc.

Chapter Topics

Tabulating and graphing Univariate categorical data
The

summary table
Bar and pie charts, the Pareto diagram
Tabulating and graphing Bivariate categorical data
Contingency tables
Side by side bar charts
Graphical excellence and common errors in presenting data

(continued)

Слайд 4

© 2002 Prentice-Hall, Inc. Organizing Numerical Data Numerical Data Ordered Array

© 2002 Prentice-Hall, Inc.

Organizing Numerical Data

Numerical Data

Ordered Array

Stem and Leaf
Display

Frequency

Distributions
Cumulative Distributions

Histograms

Polygons

Ogive

Tables

2 144677
3 028
4 1

41, 24, 32, 26, 27, 27, 30, 24, 38, 21

21, 24, 24, 26, 27, 27, 30, 32, 38, 41

Слайд 5

© 2002 Prentice-Hall, Inc. Data in raw form (as collected): 24,

© 2002 Prentice-Hall, Inc.

Data in raw form (as collected): 24,

26, 24, 21, 27, 27, 30, 41, 32, 38
Data in ordered array from smallest to largest: 21, 24, 24, 26, 27, 27, 30, 32, 38, 41
Stem-and-leaf display:

Organizing Numerical Data

(continued)

Слайд 6

© 2002 Prentice-Hall, Inc. Tabulating and Graphing Numerical Data Numerical Data

© 2002 Prentice-Hall, Inc.

Tabulating and Graphing Numerical Data

Numerical Data

Ordered Array

Stem

and Leaf
Display

Histograms

Ogive

Tables

41, 24, 32, 26, 27, 27, 30, 24, 38, 21

21, 24, 24, 26, 27, 27, 30, 32, 38, 41

Frequency Distributions
Cumulative Distributions

Polygons

Слайд 7

© 2002 Prentice-Hall, Inc. Tabulating Numerical Data: Frequency Distributions Sort raw

© 2002 Prentice-Hall, Inc.

Tabulating Numerical Data: Frequency Distributions

Sort raw data

in ascending order: 12, 13, 17, 21, 24, 24, 26, 27, 27, 30, 32, 35, 37, 38, 41, 43, 44, 46, 53, 58
Find range: 58 - 12 = 46
Select number of classes: 5 (usually between 5 and 15)
Compute class interval (width): 10 (46/5 then round up)
Determine class boundaries (limits): 10, 20, 30, 40, 50, 60
Compute class midpoints: 15, 25, 35, 45, 55
Count observations & assign to classes
Слайд 8

© 2002 Prentice-Hall, Inc. Frequency Distributions, Relative Frequency Distributions and Percentage

© 2002 Prentice-Hall, Inc.

Frequency Distributions, Relative Frequency Distributions and Percentage

Distributions

Class Frequency

10 but under 20 3 .15 15
20 but under 30 6 .30 30
30 but under 40 5 .25 25
40 but under 50 4 .20 20
50 but under 60 2 .10 10
Total 20 1 100

Relative
Frequency

Percentage

Data in ordered array:
12, 13, 17, 21, 24, 24, 26, 27, 27, 30, 32, 35, 37, 38, 41, 43, 44, 46, 53, 58

Слайд 9

© 2002 Prentice-Hall, Inc. Graphing Numerical Data: The Histogram Data in

© 2002 Prentice-Hall, Inc.

Graphing Numerical Data: The Histogram

Data in ordered

array:
12, 13, 17, 21, 24, 24, 26, 27, 27, 30, 32, 35, 37, 38, 41, 43, 44, 46, 53, 58

No Gaps Between Bars

Class Midpoints

Class Boundaries

Слайд 10

© 2002 Prentice-Hall, Inc. Graphing Numerical Data: The Frequency Polygon Class

© 2002 Prentice-Hall, Inc.

Graphing Numerical Data: The Frequency Polygon

Class Midpoints

Data

in ordered array:
12, 13, 17, 21, 24, 24, 26, 27, 27, 30, 32, 35, 37, 38, 41, 43, 44, 46, 53, 58
Слайд 11

© 2002 Prentice-Hall, Inc. Tabulating Numerical Data: Cumulative Frequency Cumulative Cumulative

© 2002 Prentice-Hall, Inc.

Tabulating Numerical Data: Cumulative Frequency

Cumulative Cumulative
Class

Frequency % Frequency
10 but under 20 3 15
20 but under 30 9 45
30 but under 40 14 70
40 but under 50 18 90
50 but under 60 20 100

Data in ordered array:
12, 13, 17, 21, 24, 24, 26, 27, 27, 30, 32, 35, 37, 38, 41, 43, 44, 46, 53, 58

Слайд 12

© 2002 Prentice-Hall, Inc. Graphing Numerical Data: The Ogive (Cumulative %

© 2002 Prentice-Hall, Inc.

Graphing Numerical Data: The Ogive (Cumulative %

Polygon)

Class Boundaries (Not Midpoints)

Data in ordered array:
12, 13, 17, 21, 24, 24, 26, 27, 27, 30, 32, 35, 37, 38, 41, 43, 44, 46, 53, 58

Слайд 13

© 2002 Prentice-Hall, Inc. Graphing Bivariate Numerical Data (Scatter Plot)

© 2002 Prentice-Hall, Inc.

Graphing Bivariate Numerical Data (Scatter Plot)

Слайд 14

© 2002 Prentice-Hall, Inc. Tabulating and Graphing Categorical Data:Univariate Data Categorical

© 2002 Prentice-Hall, Inc.

Tabulating and Graphing Categorical Data:Univariate Data

Categorical Data

Tabulating

Data
The Summary Table

Graphing Data

Pie Charts

Pareto Diagram

Bar Charts

Слайд 15

© 2002 Prentice-Hall, Inc. Summary Table (for an Investor’s Portfolio) Investment

© 2002 Prentice-Hall, Inc.

Summary Table (for an Investor’s Portfolio)

Investment Category Amount Percentage

(in thousands $)
Stocks 46.5 42.27
Bonds 32 29.09
CD 15.5 14.09
Savings 16 14.55
Total 110 100

Variables are Categorical

Слайд 16

© 2002 Prentice-Hall, Inc. Graphing Categorical Data: Univariate Data Categorical Data Tabulating Data The Summary Table

© 2002 Prentice-Hall, Inc.

Graphing Categorical Data: Univariate Data

Categorical Data

Tabulating Data
The

Summary Table
Слайд 17

© 2002 Prentice-Hall, Inc. Bar Chart (for an Investor’s Portfolio)

© 2002 Prentice-Hall, Inc.

Bar Chart (for an Investor’s Portfolio)

Слайд 18

© 2002 Prentice-Hall, Inc. Pie Chart (for an Investor’s Portfolio) Percentages

© 2002 Prentice-Hall, Inc.

Pie Chart (for an Investor’s Portfolio)

Percentages are

rounded to the nearest percent.

Amount Invested in K$

Savings
15%

CD 14%

Bonds 29%

Stocks
42%

Слайд 19

© 2002 Prentice-Hall, Inc. Pareto Diagram Axis for line graph shows

© 2002 Prentice-Hall, Inc.

Pareto Diagram

Axis for line graph shows cumulative

% invested

Axis for bar chart shows % invested in each category

Слайд 20

© 2002 Prentice-Hall, Inc. Tabulating and Graphing Bivariate Categorical Data Contingency

© 2002 Prentice-Hall, Inc.

Tabulating and Graphing Bivariate Categorical Data

Contingency tables:

investment in thousands of dollars

Investment Investor A Investor B Investor C Total Category
Stocks 46.5 55 27.5 129
Bonds 32 44 19 95
CD 15.5 20 13.5 49
Savings 16 28 7 51
Total 110 147 67 324

Слайд 21

© 2002 Prentice-Hall, Inc. Tabulating and Graphing Bivariate Categorical Data Side by side charts

© 2002 Prentice-Hall, Inc.

Tabulating and Graphing Bivariate Categorical Data

Side by

side charts
Слайд 22

© 2002 Prentice-Hall, Inc. Principles of Graphical Excellence Presents data in

© 2002 Prentice-Hall, Inc.

Principles of Graphical Excellence

Presents data in a

way that provides substance, statistics and design
Communicates complex ideas with clarity, precision and efficiency
Gives the largest number of ideas in the most efficient manner
Almost always involves several dimensions
Tells the truth about the data
Слайд 23

© 2002 Prentice-Hall, Inc. Using “chart junk” Failing to provide a

© 2002 Prentice-Hall, Inc.

Using “chart junk”
Failing to provide a relative

basis in comparing data between groups
Compressing the vertical axis
Providing no zero point on the vertical axis

Errors in Presenting Data

Слайд 24

© 2002 Prentice-Hall, Inc. “Chart Junk” Good Presentation 1960: $1.00 1970:

© 2002 Prentice-Hall, Inc.

“Chart Junk”

Good Presentation

1960: $1.00

1970: $1.60

1980: $3.10

1990: $3.80

Minimum

Wage

Minimum Wage

0

2

4

1960

1970

1980

1990

$

Bad Presentation


Слайд 25

© 2002 Prentice-Hall, Inc. No Relative Basis Good Presentation A’s received

© 2002 Prentice-Hall, Inc.

No Relative Basis

Good Presentation

A’s received by students.

A’s

received by students.

Bad Presentation

0

100

200

300

FR

SO

JR

SR

Freq.

0

10

20

30

FR

SO

JR

SR

%

FR = Freshmen, SO = Sophomore, JR = Junior, SR = Senior


Слайд 26

© 2002 Prentice-Hall, Inc. Compressing Vertical Axis Good Presentation Quarterly Sales

© 2002 Prentice-Hall, Inc.

Compressing Vertical Axis

Good Presentation

Quarterly Sales

Quarterly Sales

Bad Presentation

0

25

50

Q1

Q2

Q3

Q4

$

0

100

200

Q1

Q2

Q3

Q4

$


Слайд 27

© 2002 Prentice-Hall, Inc. No Zero Point on Vertical Axis Good

© 2002 Prentice-Hall, Inc.

No Zero Point on Vertical Axis

Good Presentation

Monthly

Sales

Monthly Sales

Bad Presentation

0

39

42

45

J

F

M

A

M

J

$

36

39

42

45

J

F

M

A

M

J

$

Graphing the first six months of sales.

36


Слайд 28

© 2002 Prentice-Hall, Inc. Chapter Summary Organized numerical data The ordered

© 2002 Prentice-Hall, Inc.

Chapter Summary

Organized numerical data
The ordered array and

stem-leaf display
Tabulated and graphed univariate numerical data
Frequency distributions: tables, histograms, polygon
Cumulative distributions: tables and the Ogive
Graphed bivariate numerical data