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Statistics is becoming increasingly more important in modern society with passing
time. We are constantly using charts, graphs, and statistics of various types in an
attempt to provide us with sufficient information to make decisions. Sometimes
this information is presented in a manner that leads us to a particular view.
This assignment is based on the how advertising and retail sale are cooperating
each other.
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Descriptive statistics are used to describe the main features of a collection of data
in quantitative terms. There are two ways to describe:
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We can describe variables using frequency distribution
and graphs
Úc ar chart
Úc ¦istogram
Úc Stem-and-leaf diagram
Úc Scatter Plots
Úc ox Plot (Graphical Summary)
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cData can be measured numerically with measures of
central tendency.
Úc Gean
Úc Gedian
Úc Gode
Úc standard deviation
Úc standard error
Úc covariance
Úc correlation
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Count
Count
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retailsales(x) advertising(y)
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ar chart shows the comparison between the retail sales and advertising where
retail sales (x) would be greater than the advertising(y) at each stage of
advertising and retail sales.
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¦ere x and y are indicating retail sales and advertising respectively. ¦ere x and y are
two interdependent variables and there change will affects each of them. Suppose in
the graph there is a point 150, it shows reduced retail sales(x) occurring for
advertising(y) changes.
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Stem-and-leaf of retail sales(x) N = 22
Leaf Unit = 100
2 5 33
7 5 44555
8 56
10 5 89
(3) 6 111
9 6 233
6 6 445
3 6 77
1 69
Stem-and-leaf of advertising(y) N = 22
Leaf Unit = 1.0
4 11 0004
7 11 579
9 12 00
10 12 7
(3) 13 224
9 13 68
7 14 4
6 14 5
5 15 24
3 15 57
1 16 1
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advertising(y)
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retail sales(x)
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position.
Boxplot of advertising(y)
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advertising(y)
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This box plot shows the median is in center nearer to the mean.
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