Range, Width, min-max Values and Graphs
Let us assume that we have 20 workers and they are installing different number of (let us say cars) weekly. Each worker assemble different numbers. Let us find the min-max numbers, range, width of the distribution. The let us draw the the histogram of the distribution.
The minimum value is 20 cars and the maximum value is 40 cars Range=highest value – Lowest Value Range is 40-20=20 into interval scale. İn order to find the width we need to classify the observations
Number of Cars Frequency 20-25 4 26-30 5 31-35 2 36-40 9 Total 20
Width= Range/The Number of Classes
The Percentage and Cumulative Number of Cars Frequency Percentage Cumulative 20-25 4 20 26-30 5 25 45 31-35 2 10 55 36-40 9 100 Total -- Let us calculate The Weekly Average We need the middle value for each classes (20+25)/2=22,5 (26+30)/2=28 (31+35)/2=33 (36+40)/2=38
(22,5x0.2)+(28x0.25)+(33x0.10)+(38x0.45) = 31.9 = 32 Cars Number of Cars Mid Classes Frequency Percentage Cumulative 20-25 22,5 4 20 26-30 28 5 25 45 31-35 33 2 10 55 36-40 38 9 100 Total -- (22,5x0.2)+(28x0.25)+(33x0.10)+(38x0.45) = 31.9 = 32 Cars
Line Graph With One Variable
Line Graphs With two Variables
Bar Graph
Bar Graph With One Variable
Bar Graph With Two Variables
Pie Chart
Static Relation Between Two Variables (Scatter Graph)
Suppose we have 15 consumers; their monthly income and consumptions are given in the table
Strong estimation Week estimation