QRB501 Week1: Practice: Concepts and Basic Data Analysis
Fundamental Quantitative Concepts and Basic Data Analysis
QRB501 Week1: Use the internet to find one example of each of the following graphs:
- Line graph
- Bar graph (horizontal or vertical bars are acceptable)
- Pie graph
Suppose you were presenting these graphs to a group of people (clients, co-workers, friends, etc.) who are not mathematically savvy.
Create a 7- to 10-slide presentation with speaker notes that provides a non-technical explanation of each graph. Remember, you are addressing people who probably do not like or understand mathematical terms.
For each graph, include the following:
- Screenshot of your graph.
- For the line graph, what are the labels on the horizontal and vertical axes?
- For the bar graph, what labels are on the bars? What is being measured in this graph? (Hint: look at the axis label.)
- For the pie graph, what is the title, in other words, what is it measuring?
- How would you improve each graph if at all? Is anything missing, misleading, or perhaps just wrong with this graph?
- What would be the appropriate measure(s) for central tendency (mean, median, mode) to display with each graph?
- What measure of dispersion (range, standard deviation) would be best?
- Provide a reference citation for the source of your graph so your facilitator can find the graph online. Note: sometimes information changes from day to day on websites, hence the reason for the required screenshot in first bullet point above.
Note: If you are having difficulty finding graphs here are a few places to consider looking:
- Your online utility bill
- Your fitness app
- A dashboard at your office
- S. Government websites such as:
- The Bureau of Labor Statistics
- The Bureau of Economic Analysis
- The Consumer Financial Protection Bureau
- A scholarly article in the University Llibrary
- Business, finance, and money management websites
This assignment contains a Microsoft PowerPoint presentation.
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