DAY 2 -
The IBM SPSS Statistics
Starting with the 2nd continuous session of studying statistics , we
carried out with a research on change in headlight designs by the two wheeler
manufacturing firms. In which we studied about population sizes- census ,
purchasing power/ Income , no. of 2 wheelers . In which we took the data of the
year 2009,2010 and 2011.
Now starting with the analysis we 1st went on to find the regions where the
cities or states are located in like ( north,south, east and west ) by clicking
the 'Transform' option and then 'recode into different variables' then 'state no.' in alphabatical order.
The 3 'M's
MEAN VALUE where we took out the average according to the regions
Median value which is the numerical value separating the higher half of the
data sample from the lower half . We found the median value by going to analyze
> descriptive statistics > frequencies
Mode is the highest value available frequency in the data .
Then we went onto learning about Boxplot, which is another useful
visualization for viewing how the data are distributed. A boxplot contains
several statistical measures that we will explore.
Handles Large Data Easily
Due to the five number data
summary, a box plot is able to handle and present a summary of a large amount
of data. A box plot consists of the median, which is the midpoint of the range
of data; the upper and lower quartiles, which represent the numbers above and
below the highest and lower quarters of the data; and the minimum and maximum
data values. Organizing data in a box plot by using five key concepts is an
efficient way of dealing with large data that is too unmanageable for other
graphs, such as line plots or stem and leaf plots.
But there is a disadvantage also as it's
Exact Values Not Retained
The issue with handling such
large amounts of data in a box plot is that the exact values and details of the
distribution of results are not retained. A box plot shows only a simple
summary of the distribution of results, so that it can be quickly viewed and
compared with other data. For a thorough, more detailed analysis of data a box
plot should be used in combination with another statistical graph method, such
as a histogram.
References :
Read more: http://www.ehow.com/info_12025269_advantages-disadvantages-box-plot.html#ixzz2Y0fJbTuke
after creating the visualization.
Written by - Prateek jain
Team members
Nishant
POOJA
PRANSHU
PRIYANKA
PRATEEK
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