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Processing and Analysis of Data

The document discusses data processing and analysis, emphasizing the importance of classifying data into qualitative and quantitative types. It covers various methods of data presentation, including tabulation, graphical representations like bar diagrams, pie charts, and line graphs, as well as statistical measures for descriptive and inferential analysis. The conclusion highlights the significance of these techniques in making informed business decisions.

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0% found this document useful (0 votes)
7 views16 pages

Processing and Analysis of Data

The document discusses data processing and analysis, emphasizing the importance of classifying data into qualitative and quantitative types. It covers various methods of data presentation, including tabulation, graphical representations like bar diagrams, pie charts, and line graphs, as well as statistical measures for descriptive and inferential analysis. The conclusion highlights the significance of these techniques in making informed business decisions.

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pranavkumbhar214
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Processing and

Analysis of Data
By- Sai R Patil
SGM College Karad
BBA II
Introduction to Data Processing and
Analysis
• Definition: Data processing is the collection and manipulation of data
to derive meaningful insights.
• The objective is to make data understandable and useful for decision-
making.
• Types:
Qualitative
Quantitative
Classification of Data
• Data classification refers to the process of grouping data into
categories.
• Types of Data Classification:
• Quantitative Data: Data that is measurable (e.g., income, age,
height).
• Qualitative Data: Data that describes qualities or characteristics (e.g.,
color, gender, brand).
Types of Classification
• Primary Classification: Nominal: Categories with no natural order
(e.g., gender, marital status).
• Ordinal: Categories with a natural order (e.g., education level: high
school, college, graduate).
• Secondary Classification: Discrete: Data that can only take specific
values (e.g., number of children).
• Continuous: Data that can take any value within a range (e.g.,
temperature, weight).
Tabulation of Data
• The process of arranging data in tables for easier interpretation.
• Types of Tables: Simple Table: Displays data for a single variable.
• Complex Table: Displays data for more than one variable.
• Example: Display a sample table with data on student marks in
different subjects.
Graphical Presentation of Data
• Graphs are a visual representation of data, making it easier to interpret.
• Types of Graphical Representations
Bar Diagram: Represents categorical data with rectangular bars.
Pie Chart: Displays the proportion of categories as slices of a circle.
Line Graph: Depicts trends over time.
Bar Diagram
• A bar chart represents data with rectangular bars.
• For comparing different categories or discrete data
• Example: Sales data for different products in a quarter.
• How to Interpret: The height of the bar corresponds to the value of
the data point.
Category 4

Category 3

Category 2

Category 1

0 1 2 3 4 5 6

Series 3 Series 2 Series 1


Pie Chart
• A circular graph divided into slices to illustrate numerical proportions.
• When to Use: To show the percentage or proportion of categories in a
whole.
• Example: Market share distribution among companies.
• How to Interpret: Each slice represents the percentage contribution
of each category. Sales

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr


Curves (Line Graphs)
• Line graphs are used to show changes over a period of time.
• When to Use: For continuous data or trends.
• Example: Stock market trends over the past year.
• How to Interpret: Points connected by lines show the trend or change
in data over time. 14
12
10
8
6
4
2
0
Category 1 Category 2 Category 3 Category 4

Series 1 Series 2 Series 3


Descriptive Analysis
• Descriptive analysis involves summarizing the data using statistical
measures.
Mean (Average): Sum of all values divided by the number of values.
Mode: The most frequent value in the dataset.
Median: The middle value when the data is ordered.
Standard Deviation: Measures the spread of data from the mean.
Variance: The square of the standard deviation, indicating the data's spread.
Descriptive Analysis (Cont’d)
• Example Calculation
• Dataset: [5, 10, 15, 20, 25]
Mean: (5 + 10 + 15 + 20 + 25) / 5 = 15
Median: Middle value = 15
Mode: No mode (no repeating value)
Standard Deviation: Calculation process.
Variance: Square of the standard deviation.
Inferential Analysis
• Inferential analysis involves making predictions or inferences about a
population based on a sample of data.
T-Test: Compares the means of two groups to see if they are
significantly different.
Chi-Square Test: Tests if there is a significant association between
categorical variables.
T-Test
• A statistical test used to compare the means of two groups.
• Testing if the average exam scores of male and female students differ.
• Types:
Independent T-Test: Used when the two groups are independent.
Paired T-Test: Used when the two groups are related (e.g., pre-test vs
post-test scores).
Chi-Square Test
• A test used to determine whether there is a significant association
between categorical variables.
• Example: Testing if gender is associated with the choice of a major.
• Hypotheses:
• Null hypothesis (H0): No association between the variables.
• Alternative hypothesis (H1): There is an association between the
variables.
Conclusion
• Data classification and analysis help in making meaningful decisions.
• Graphical and statistical tools play a crucial role in data interpretation.
• Descriptive and inferential statistics are both essential for
understanding and making inferences from data.
• Importance for Business Analysis: Helps in understanding trends,
making predictions, and informed decision-making.
Thank you

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