Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In chapter 3, Anderson explains The goal of data visualization is to communicate key information about the data as effectively and clearly as possible, (et,

In chapter 3, Anderson explains "The goal of data visualization is to communicate key information about the data as effectively and clearly as possible," (et, al, 2021). So, if giving a management presentation involving a continuous data set, it would be important to include and review measures of central tendency, dispersion, and quartiles as they all aid in giving a complete picture of the data analyzed in order to have an understanding that can lead to insights to better help the company. Central tendencies like mean, median, and mode will help place a center point of the data, while dispersion (variation, standard deviation, etc.) will help viewers understand whether the results of the data are tightly grouped or vary widely. Identifying the quartiles, whether through a boxplot or a bell curve, provide a useful visual for stakeholders to understand at a quick glance the display of the data they are concerned with.

Measures of Central Tendency. Mean (Arithmetic). Accessed 8/21/22. https://statistics.laerd.com/statistical-guides/measures-central-tendency-mean-mode-median.php

Anderson, D. R., Sweeney, D. J., Williams, T. A., Camm, J. D., & Cochran, J. J. (2020).Essentials of Modern Business Statistics with Microsoft Excel (MindTap Course List)(8th ed.). Cengage Learning.

Please discuss

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

WebAssign For Differential Equations With Boundary-Value Problems

Authors: Dennis G Zill

9th Edition

1337879762, 9781337879767

More Books

Students also viewed these Mathematics questions