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GRAPHS THAT ENLIGHTEN AND GRAPHS THAT DECEIVE

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Presentation on theme: "GRAPHS THAT ENLIGHTEN AND GRAPHS THAT DECEIVE"— Presentation transcript:

1 GRAPHS THAT ENLIGHTEN AND GRAPHS THAT DECEIVE
SECTION 2.4 GRAPHS THAT ENLIGHTEN AND GRAPHS THAT DECEIVE

2 NEW GRAPH STYLES Pareto Graph Scatter Plots Dot Plots Stem Plots
Pie Charts Ogive

3 PARETO CHARTS A bar graph where the bars are arranged in decreasing order.

4 PARETO CHARTS

5 SCATTERPLOTS A graph made by plotting ordered pairs.

6 SCATTERPLOTS

7 DOTPLOTS A graph in which each data value is plotted as a point (dot) along a horizontal scale of values.

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9 STEMPLOTS Stemplot AKA stem-and-leaf plot
Represents quantitative (continuous) data by separating each value into two parts: Stem - the left most digit Leaf - the right most digit

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11 EXAMPLE Draw a stem plot given the data list
24, 52, 24, 50, 25, 26, 27, 32, 36, 27, 31, 48, 41, 31, 28, 36, 43, 32, 41, 45, 36

12 PIE CHARTS A graph that depicts categorical data as slices of circles, in which the size of each slice is proportional to the frequency.

13 PIE CHARTS

14 OGIVE Uses connected dots to depict the cumulative frequencies.

15 OGIVE

16 CREATE an OGIVE

17 GRAPHS THAT ENLIGHTEN Graphs that give a true understanding of the data.

18 GRAPHS THAT DECIEVE Graphs that mislead or contain errors.

19 To correctly interpret a graph, you must analyze the numerical information given in the graph, so as not to be misled by the graph’s shape. READ labels and units on the axes!

20 BAR GRAPH

21 Is This a Misleading Graph?

22 Note that the value for November (8. 6) has not been plotted correctly
Note that the value for November (8.6) has not been plotted correctly. It’s placed at the 9.0 position. It’s been plotted to look like there’s a steep incline when in fact, the overall employment trend is pretty stable at around 9%.

23 WHAT IT SHOULD LOOL LIKE

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25 WHAT IS WRONG WITH IT Only shows the first have of the year, when temperatures are always increasing.

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27 WHAT IS WRONG WITH IT? The scale on this chart is fine.
What Business Insider deduced from the chart is not. Have we “We have lost the ubiquitous positive financial return on education”? No. David Blake read the chart without taking into account a key fact that wasn’t on the chart: the cost of not going to college has diminished even more. Than means, your prospects as a high school graduate are a lot worse than your prospects as a college graduate.

28 WHAT IS WRONG WITH IT? Another key piece of information is
Note the average yearly income a college grad can expect is about $45,000 in That’s per year. Over an average working lifetime (say, 43 years assuming retirement at age 65), that gives you an income of $45,000 * 43 = $1,935,000.

29 WHAT IS WRONG WITH IT? Another key piece of information is
Subtract that expensive college education ($95,000) and your net earnings are $1,840,000. Compare that to your average high school grad. They can expect to earn $1,300,000 over their lifetime (Source: The U.S. Department of Education). That’s quite a difference

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