Basic Business Statistics (8th Edition)
Chapter 2 - Presenting Data in Tables and Charts
Chapter 2 - Presenting Data in Tables and Charts
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
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
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
Errors in Presenting Data
- 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
“Chart Junk”
- No Relative Basis
- Compressing Vertical Axis
- No Zero Point on Vertical Axis
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
Chapter Summary
- Tabulated and graphed univariate categorical data
- The summary table
- Bar and pie charts, the Pareto diagram
- Tabulated and graphed bivariate categorical data
- Contingency tables
- Side by side charts
- Discussed graphical excellence and common errors in presenting data
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