2 Tables Charts Review PDF

Download as pdf or txt
Download as pdf or txt
You are on page 1of 71

Presenting Data in

Tables and Charts


Organizing and Presenting
Data Graphically
 Data in raw form are usually not easy to use for
decision making
 Some type of organization is needed
 Table
 Graph
 Techniques reviewed here:
 Bar charts and pie charts
 Pareto diagram
 Ordered array
 Stem-and-leaf display
 Frequency distributions, histograms and polygons
 Cumulative distributions and ogives
 Contingency tables
 Scatter diagrams

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-2
History of Graphical Development

• First geographic maps were drawn on clay


tablets.
• 17th Century: combined map skills and
statistical skills to construct maps.
• Trade winds and monsoons on a world map.
• Chart patterns of disease.
• Later sophistication showed distribution of 1.3
million galaxies.

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-3
“Graphical excellence
consists of the efficient
communication of complex
quantitative ideas.”

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-4
“At their best, graphics are
instruments for reasoning
about quantitative
information.”

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-5
Tabular and Graphical Procedures

Data
Qualitative Data Quantitative Data

Tabular Graphical Tabular Graphical


Methods Methods Methods Methods

•Frequency •Bar Graph •Frequency •Dot Plot


Distribution •Pie Chart Distribution •Histogram
•Rel. Freq. Dist. •Rel. Freq. Dist. •Ogive
•% Freq. Dist. •Cum. Freq. Dist. •Scatter
•Crosstabulation •Cum. Rel. Freq. Diagram
Distribution
•Stem-and-Leaf
Display
•Crosstabulation
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-6
Types of Data

Ty p es o f Dat a

Data
Data

Numerical
Numerical Categorical
Categorical
(Quantitativ
(Quantitative)
e) (Qualitativ
(Qualitative)
e)

Discrete
Discrete Continuous
Continuous

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-7
Tables and Charts for
Categorical Data
Categorical
Data

Tabulating Data Graphing Data

Summary Bar Pie Pareto


Table Charts Charts Diagram

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-8
Tabular Presentation

Table is defined as a systematic arrangement of related data in


which classes of numerical facts or data are given each a row and
their subclasses are given each a column in order to present the
relationships of the sets or numerical facts on data in a definite,
compact, and understandable form or forms.
The purpose of a table is to facilitate the study and interpretation,
the making of inferences and implications. Table construction for
data presentation is a part of analysis because the data are
separated and grouped according to class or category.
Example:

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-9
Graphical Presentation

A graph is a chart or drawing that shows the


relationship between changing things. They are a
diagram displaying the relationship between
numbers or amounts. A graph or chart is used to
present facts in visual form.

When Diagram and when Graph?


Diagram: When data split into different categories.
Bar: Same type of variable against different year/time.
Pie: Categorical data
Graph: Long series of data / Frequency Distribution.
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-10
Graphical Presentation

Purpose of the Chart Appropriate Chart Type


Compare categorical data Column Chart; Bar Chart,

Compare series of data over time Area Chart, Line Chart, Column Chart
(stacked), High-Low Chart
Percentage of total comparisons Pie Chart, Donut Chart, Stacked Bar
or Column Chart
Relationship between two variables Scatter Plot

Relationship between three variables 3-Dimension Surface Plot

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-11
Different Types of Variables
A Quantitative Variable is naturally measured as a number for which
meaningful arithmetic operations make sense. Examples: Height, age,
crop yield, GPA, salary, temperature, area, air pollution index (measured in
parts per million), etc.
Categorical Variable is any variable that is not quantitative is categorical.
Categorical variables take a value that is one of several possible
categories. As naturally measured, categorical variables have no numerical
meaning. Examples: Hair color, gender, field of study, college attended,
political affiliation, status of disease infection.
An Ordinal Variable is a special type of categorical variable for which the
levels can be naturally ordered. The example above provides a good
illustration of an ordinal variable. Even if we ignore the numbers, we still
may order the responses. Awful is "worse than" Poor; Poor is worse than
OK; OK is worse than Good; Good is worse than Great. A natural ordering
exists for these categories. Contrast this with a categorical variable such
as hair color. There is no natural ordering for the various colors of hair.
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-12
Type of Graphs

Graphic Representation

Graph
Diagram

Bar Pie Histograms Ogive

Tables Frequency
Polygons
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-13
Organizing Numerical Data

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

Frequency Distributions
Ordered Array
Cumulative Distributions
21, 24, 24, 26, 27, 27, 30, 32, 38, 41

2 144677
Stem and Leaf Histograms Ogive
3 028
Display
4 1
Tables Polygons

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-14
The Ordered Array

A sequence of data in rank order:


 Shows range (min to max)
 Provides some signals about variability
within the range
 May help identify outliers (unusual observations)
 If the data set is large, the ordered array is
less useful

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-15
The Ordered Array
(continued)

 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

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-16
Stem-and-Leaf Diagram

 A simple way to see distribution details in a


data set

METHOD: Separate the sorted data series


into leading digits (the stem) and
the trailing digits (the leaves)

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-17
Example
Data in ordered array:
21, 24, 24, 26, 27, 27, 30, 32, 38, 41

 Here, use the 10’s digit for the stem unit:


Stem Leaf
 21 is shown as 2 1
 38 is shown as 3 8

 41 is shown as 4 1

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-18
Example
(continued)
Data in ordered array:
21, 24, 24, 26, 27, 27, 30, 32, 38, 41

 Completed stem-and-leaf diagram:


Stem Leaves
2 1 4 4 6 7 7
3 0 2 8
4 1

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-19
Using other stem units
 Using the 100’s digit as the stem:
 Round off the 10’s digit to form the leaves

Stem Leaf
 613 would become 6 1
 776 would become 7 8
 ...
 1224 becomes 12 2

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-20
Using other stem units
(continued)

 Using the 100’s digit as the stem:


 The completed stem-and-leaf display:
Data:
Stem Leaves
613, 632, 658, 717, 6 136
722, 750, 776, 827, 7 2258
841, 859, 863, 891, 8 346699
894, 906, 928, 933,
9 13368
955, 982, 1034,
1047,1056, 1140, 10 356
1169, 1224 11 47
12 2
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-21
Tabulating and Graphing
Numerical Data
Numerical Data 41, 24, 32, 26, 27, 27, 30, 24, 38, 21

Frequency Distributions
Ordered Array O g ive

Cumulative Distributions 120

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


100

80

60

40

20

0
10 20 30 40 50 60

2 144677 Ogive
Stem and Leaf Histograms
3 028
Display 7

4 1 4

Tables Polygons
3

10 20 30 40 50 60

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-22
Graph Selection Guidelines

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-23
Line Graph

Linear graphs- are good devices to show variation of


values over successive periods of time.
a. Time series linear charts
- used to depict the variations of a variable over a period of
time.
b. Time series composite multi linear charts.
- are used when comparison are made between or among
categories on the same variables or variation of two or more
variables over period of time.
c. Frequency polygon
- used to graph class or grouped frequency distribution.
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-24
Line Graph

d. Ogive
- is used to graph cumulative frequencies (partial sums of
frequencies), eight cumulative upward (from lower classes
to upper class) or cumulative frequencies downward (from
upper classes to lower classes.
e. Band Chart
- is a form of line graph of the time series variety. It shows
the proportional variations of the components parts of a
whole over a period of time.

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-25
Time Series

Time Series Data on a graph

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-26
Tabulating Numerical Data:
Frequency Distributions (continued)
Data in ordered array:
12, 13, 17, 21, 24, 24, 26, 27, 27, 30, 32, 35, 37, 38, 41, 43, 44, 46, 53, 58

Relative
Class Frequency Frequency Percentage
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
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-27
Histogram

 a set of rectangles erected vertically. It is a rectangular


diagram. Since the rectangles are drawn with specified
width and height, histogram is a two dimensional
diagram. The width of a rectangle equals the class
interval and height. The area of each rectangle is
proportional to the frequency of the respective class.

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-28
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
H is t o g r a m

7 6
6
Fr e q u e n c y

5
5 4
4 3
No Gaps
3 2 Between
2
Bars
1 0 0
0

5 15 25 36 45 55 M ore

Class Midpoints
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-29
Frequency Polygon

 Frequency Polygon has been derived from the word polygon"


which means many sides. In statistics, it means a graph of a
frequency distribution. A frequency polygon is obtained from
a histogram by joining the mid-points of the top of various
rectangles with the help of straight lines. In order that total
area under the polygon remains equal to the area under
histogram, two arbitrary classes, each with zero frequency,
are added on both ends.

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-30
Graphing Numerical Data:
The Frequency Polygon
Data in ordered array:
12, 13, 17, 21, 24, 24, 26, 27, 27, 30, 32, 35, 37, 38, 41, 43, 44, 46, 53, 58
Frequenc y

4
3

5 15 25 36 45 55 M ore

Class Midpoints
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-31
Graphing Numerical Data:
The Frequency Polygon

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-32
Frequency Curve

 If the points, obtained in the case of frequency


polygon are joined with the help of a smooth
curve, we get a frequency curve.

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-33
Graphing Numerical Data:
The Frequency Curve

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-34
Tabulating Numerical Data:
Cumulative Frequency
Data in ordered array:
12, 13, 17, 21, 24, 24, 26, 27, 27, 30, 32, 35, 37, 38, 41, 43, 44, 46, 53, 58

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

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-35
Graphing Numerical Data:
The Ogive (Cumulative % Polygon)
Data in ordered array:
12, 13, 17, 21, 24, 24, 26, 27, 27, 30, 32, 35, 37, 38, 41, 43, 44, 46, 53, 58
O g iv e

1 2 0

1 0 0

8 0

6 0

4 0

2 0

1 0 2 0 3 0 4 0 5 0 6 0

An ogive is a graph showing the curve of a


cumulative distribution function
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-36
Graphing Numerical Data:
The Ogive (Cumulative % Polygon)
There are two ways of constructing an ogive or cumulative
frequency curve. (Ogive is pronounced as O-jive). The curve
is usually of 'S' shape.

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-37
Tabulating and Graphing Categorical Data:
Univariate Data

Categorical Data

Graphing Data
Tabulating Data
The Summary Table
Pie Charts

Bar Charts Pareto Diagram

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-38
The Summary Table
Summarize data by category

Example: Current Investment Portfolio


Investment Amount Percentage
Type (in thousands $) (%)

Stocks 46.5 42.27


Bonds 32.0 29.09
CD 15.5 14.09
(Variables are Savings 16.0 14.55
Categorical)
Total 110.0 100.0

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-39
Bar and Pie Charts

 Bar charts and Pie charts are often used


for categorical data

 Height of bar or size of pie slice shows the


frequency or percentage for each
category

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-40
Bar Chart Example
Current Investment Portfolio
Investment Amount Percentage
Type (in thousands $) (%)

Stocks 46.5 42.27


Bonds 32.0 29.09
CD 15.5 14.09 Investor's Portfolio
Savings 16.0 14.55
Total 110.0 100.0 Savings
CD
Bonds
Stocks

0 10 20 30 40 50
Amount in $1000's
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-41
Pie Chart Example
Current Investment Portfolio
Investment Amount Percentage
Type (in thousands $) (%)

Stocks 46.5 42.27


Bonds 32.0 29.09 Savings
CD 15.5 14.09 15%
Savings 16.0 14.55 Stocks
Total 110.0 100.0 42%
CD
14%

Percentages
are rounded to
Bonds the nearest
29% percent

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-42
Pareto Diagram

 Used to portray categorical data (nominal scale)


 A bar chart, where categories are shown in
descending order of frequency
 A cumulative polygon is often shown in the
same graph
 Used to separate the “vital few” from the “trivial
many”

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-43
Pareto Diagram Example
Current Investment Portfolio
45% 100%

40% 90%
% invested in each category

80%

cumulative % invested
35%

70%
30%
(bar graph)

(line graph)
60%
25%
50%
20%
40%

15%
30%

10%
20%

5% 10%

0% 0%
Stocks Bonds Savings CD

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-44
Tabulating Numerical Data:
Frequency Distributions

What is a Frequency Distribution?


 A frequency distribution is a list or a table …
 containing class groupings (ranges within which
the data fall) ...
 and the corresponding frequencies with which
data fall within each grouping or category

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-45
Why Use a Frequency Distribution?

 It is a way to summarize numerical data


 It condenses the raw data into a more
useful form...
 It allows for a quick visual interpretation of
the data

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-46
Class Limits and Class Interval
 Each class limit or grouping (k) has the same
width
 Number of classes (k) = 1 + 3.322 log N
 Or Number of classes is usually set at least 5
but no more than 15 groupings
 Determine the width of each interval by
range
Width of interval 
number of desired class groupings
 Round up the interval width to get desirable
endpoints
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-47
Class Boundary and Class Mark
 Class boundaries never overlap; The boundaries
have one or more decimal place than the raw
data and therefore do not appear in the data.
There is no gap between the upper boundary of
one class and the lower boundary of the next
class. The lower boundary is found by
subtracting 0.5 units from the lower class limit
and the upper class boundary is found by adding
0.5 units to the upper class.
 Class Mark is the number in the middle of the
class.
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-48
Frequency Distribution Example

Example: A manufacturer of insulation randomly


selects 20 winter days and records the daily
high temperature

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

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-49
Frequency Distribution Example
(continued)

 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

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-50
Frequency Distribution Example
(continued)
Data in ordered array:
12, 13, 17, 21, 24, 24, 26, 27, 27, 30, 32, 35, 37, 38, 41, 43, 44, 46, 53, 58

Relative
Class Frequency Percentage
Frequency
10 but less than 20 3 .15 15
20 but less than 30 6 .30 30
30 but less than 40 5 .25 25
40 but less than 50 4 .20 20
50 but less than 60 2 .10 10
Total 20 1.00 100
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-51
Tabulating Numerical Data:
Cumulative Frequency
Data in ordered array:
12, 13, 17, 21, 24, 24, 26, 27, 27, 30, 32, 35, 37, 38, 41, 43, 44, 46, 53, 58

Cumulative Cumulative
Class Frequency Percentage
Frequency Percentage

10 but less than 20 3 15 3 15


20 but less than 30 6 30 9 45
30 but less than 40 5 25 14 70
40 but less than 50 4 20 18 90
50 but less than 60 2 10 20 100
Total 20 100

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-52
Graphing Numerical Data:
The Histogram

 A graph of the data in a frequency distribution


is called a histogram
 The class boundaries (or class midpoints)
are shown on the horizontal axis
 the vertical axis is either frequency, relative
frequency, or percentage
 Bars of the appropriate heights are used to
represent the number of observations within
each class
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-53
Histogram Example

Class
Class Midpoint Frequency
10 but less than 20 15 3 Histogram : Daily High Tem perature
20 but less than 30 25 6
30 but less than 40 35 5 7
40 but less than 50 45 4
50 but less than 60 55 2
6
5
Frequency

4
3
2
(No gaps 1
between 0
bars)
5 15 25 35 45 55 65
Class Midpoints
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-54
Graphing Numerical Data:
The Frequency Polygon
Class
Class Midpoint Frequency
10 but less than 20 15 3
20 but less than 30 25 6
30 but less than 40 35 5 Frequency Polygon: Daily High Temperature
40 but less than 50 45 4
7
50 but less than 60 55 2
6
5
Frequency

4
3
2
(In a percentage 1
polygon the vertical axis 0
would be defined to 5 15 25 35 45 55 65
show the percentage of
observations per class) Class Midpoints

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-55
Graphing Cumulative Frequencies:
The Ogive (Cumulative % Polygon)
Lower
class Cumulative
Class boundary Percentage
Less than 10 0 0
10 but less than 20 10 15
20 but less than 30 20 45 Ogive: Daily High Temperature
30 but less than 40 30 70
40 but less than 50 40 90 100
Cumulative Percentage
50 but less than 60 50 100
80
60
40
20
0
10 20 30 40 50 60
Class Boundaries (Not Midpoints)
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-56
Tabulating and Graphing
Multivariate Categorical Data
 Contingency Table for Investment Choices ($1000’s)
Investment Investor A Investor B Investor C Total
Category
Stocks 46.5 55 27.5 129
Bonds 32.0 44 19.0 95
CD 15.5 20 13.5 49
Savings 16.0 28 7.0 51
Total 110.0 147 67.0 324

(Individual values could also be expressed as percentages of the overall total,


percentages of the row totals, or percentages of the column totals)

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-57
Tabulating and Graphing
Multivariate Categorical Data
(continued)

 Side-by-side bar charts


C o m p arin g In vesto rs

S a vin g s

CD

B onds

S toc k s

0 10 20 30 40 50 60

In ve s t o r A In ve s t o r B In ve s t o r C

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-58
Side-by-Side Chart Example
 Sales by quarter for three sales territories:
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
East 20.4 27.4 59 20.4
West 30.6 38.6 34.6 31.6
North 45.9 46.9 45 43.9

60

50

40
East
30 West
North
20

10

0
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-59
Scatter Diagrams

 Scatter Diagrams are used to


examine possible relationships
between two numerical variables

 The Scatter Diagram:


 one variable is measured on the vertical

axis and the other variable is measured


on the horizontal axis

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-60
Scatter Diagrams

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-61
Scatter Diagram Example

Volume Cost per


per day day
23 131 Cost per Day vs. Production Volume
24 120 250

26 140 200
Cost per Day

29 151 150
33 160
100
38 167
50
41 185
0
42 170
0 10 20 30 40 50 60 70
50 188 Volume per Day
55 195
60 200

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-62
Time Series Plot

 A Time Series Plot is used to study patterns


in the values of a variable over time. A time-
series plot can be used if your dependent
variable is numerical and your independent
variable is time.

 The Time Series Plot:


 one variable is measured on the vertical axis and

the time period is measured on the horizontal axis


Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-63
Time Series Plot
 A time series is a sequence of observations which are ordered
in time (or space). If observations are made on some
phenomenon throughout time, it is most sensible to display
the data in the order in which they arose, particularly since
successive observations will probably be dependent. Time
series are best displayed in a scatter plot. Time is called the
independent variable (in this case however, something over
which you have little control). There are two kinds of time
series data:
1. Continuous - where we have an observation at every instant of
time, e.g. lie detectors, electrocardiograms. We denote this using
observation X at time t, X(t).
2. Discrete - where we have an observation at (usually regularly)
spaced
Business Statistics, intervals.
A First Course We denote
(4e) © 2006 Prentice-Hall, Inc. this as Xt. Chap 2-64
Time Series Plot

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-65
Pictographs

 Pictograph or Pictogram uses pictorial symbols. It


immediately suggests the nature of the data being
shown. These are also known as catrograms. Pictures
are more attractive to laymen than other forms of graphic
presentations. But these are not suitable everywhere. It
may suit cases involving population of people of a state
or number of vehicles in a metropolitan city like Delhi or
Murnbai. Stick figures may be used to indicate
population growth; and for showing population of human
beings, we can draw human figures in scale.

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-66
Pictographs
Percentage Number of Disabilities Due to Stroke
(2001-2005) at TGMC
48%

40%
37%
34%
30%

23%

2001 2002 2003 2004 2005 2006

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-67
Statistical Maps

 Statistical maps are used when quantitative


data have to be shown by geographical
location. To plot data on a statistical map, a
dot or a pin may be used to represent a
number or quantity. Maps may also be
shaded or hatched or use self-explanatory
symbols to represent a number or a
quantity for a particular area in the maps.

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-68
Statistical Maps

Statistical Map showing the Incidents of Cholera in Brgy. X

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-69
Misusing Graphs and Ethical Issues

Guidelines for good graphs:


 Do not distort the data

 Avoid unnecessary adornments (no “chart junk”)

 Use a scale for each axis on a two-dimensional

graph
 The vertical axis scale should begin at zero

 Properly label all axes

 The graph should contain a title

 Use the simplest graph for a given set of data

Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-70
Summary
 Data in raw form are usually not easy to use for
decision making -- Some type of organization is
needed:
 Table  Graph
 Techniques reviewed in this handout:
 Bar charts, pie charts, and Pareto diagrams
 Ordered array and stem-and-leaf display
 Frequency distributions, histograms and polygons
 Cumulative distributions and ogives
 Contingency tables and side-by-side bar charts
 Scatter diagrams and time series plots
Business Statistics, A First Course (4e) © 2006 Prentice-Hall, Inc. Chap 2-71

You might also like