Business Math

Question 1

can be presented in many different ways, each of which can make the underlying information more interesting and easier to understand.

Answer 1

Business Data

Question 2

can be discuss as is or use a table or a graph

Answer 2

Data

Question 3

How can we analyze data further?

Answer 3

By looking at measures of central tendencey, dispersion, shape or correlation

Question 4

How can we analyze data further?

Answer 4

By looking at measures of central tendency, dispersion, shape or correlation

Question 5

Examples of Data presentation

Answer 5

Table
Graphs
Textual

Question 6

is the principal mode of communicating important information and explaining key findings to the target audience.

Answer 6

Textual Presentation / Presentations Through the use of Text

Question 7

The discussion about the presentation of data starts off with it’s most raw and vague form

Answer 7

Textual Presentation

Question 8

The most raw and vague form of data presentation

Answer 8

Textual Presentation

Question 9

data is simply mentioned as mere text, that is generally in a paragraph. This is commonly used when the data is not very large.

Answer 9

Textual Presentation

Question 10

Common Attributes of Textual Presentations

Answer 10

• Tells a story about the data
• Catches quickly the reader’s attention
• Is interesting, easily understood and often entertaining.
• Encourages others to start reflecting on what the presentation is communicating
• Provides relevance and is able to answer the question as to why the audience would want to continue reading.

Question 11

Tips for clear writing in textual presentations:

Answer 11

• Use short sentences.
• Break up long sentences.
• Aim for one idea per sentence or one idea per paragraph.
• Keep paragraph short.
• Start paragraph with the most important message.
• Keep your writing crisp and direct to the point.
• Avoid jargon whenever possible, unless your audience consists of entirely people in a particular field.
• Use the simplest words that fit your message and that readers will easily understand.

Question 12

Presenting business data in this form is necessary to interpret them meaningfully

Answer 12

Tabular Presentation

Question 13

an array of data in rows and columns

Answer 13

Table

Question 14

condenses the original data and, hence, takes up less space compared to presentation in narrative form.

Answer 14

Tabular Presentation

Question 15

facilitates representation of even large amounts of data in an attractive, easy to read and organized manner.

Answer 15

Table

Question 16

most widely used forms of presentation of data since data tables are easy to construct and read.

Answer 16

Tabular Presentation

Question 17

Essential Parts of a Table

Answer 17

1. Table Title
2. Column Header
3. Row Stubs
4. Data
5. Footnote
6. Source

Question 18

Part of the table that gives a clear and accurate description of the contents of the table. It should answer the questions, “what,” “where,” and “when.”

Answer 18

Table Ttitle

Question 19

Part of the table that gives a clear and accurate description of the contents of the table. It should answer the questions, “what,” “where,” and “when.”

Answer 19

Table Title

Question 20

part of a table that should identify the data presented in each column of the table and provide any relevant metadata (unit of measurement, time period, etc.)

Answer 20

Column Headers

Question 21

Found in the first column of the table, these should identify the data presented in each row of the table.

Answer 21

Row Stubs

Question 22

These are the actual values, numerical information or number.

Answer 22

Data

Question 23

additional and/or explanatory information need to understand and use the table correctly.

Answer 23

Footnote

Question 24

provide the source or references from which the data are obtained.

Answer 24

Source

Question 25

Tips for Designing Good Tables

Answer 25

- Design both the layout and the labeling of your table in a straightforward manner - Make it easy for your audience to find and understand the data within your table. - The table should only be as wide as the data values require. - Avoid unnecessary text. - Do not leave any data cell empty. Indicate missing values as either “not applicable” or “not available.” - Align the numbers on the decimal point or on the right so their relative value is clear.

Question 26

a visual representation of data, in which the data are represented using elements like rectangles, circles or lines.

Answer 26

Graphical Presentation

Question 27

an effective tool because it displays data quickly, facilitates comparison, and reveals trends and relationships within the data.

Answer 27

Graphical Presentation

Question 28

Tips on Using Graphs

Answer 28

keep the following in mind: 1. Audience - who and what do they know 2. Message - what you want to communicate 3. Nature of Message - Do you want to do comparison, analyze relationships or show trends?

Question 29

Attributes of a good chart

Answer 29

- Grabs the readers’ attention and stimulates thinking - Presents the information simply (avoid too much information), clearly (should be self-explanatory) and accurately; - Does not mislea - Facilitates data analysis, like determining trends, relationships and differences

Question 30

Essential Parts or Three Components of a Graphs

Answer 30

1. Data Components 2. Support Components 3. Decorative Features

Question 31

component / part of a graph that represent the data like bars, lines or areas.

Answer 31

Data

Question 32

component / part of a graph that help the readers understand the data like title, data labels and gridlines

Answer 32

Support Components

Question 33

Elements under the Support Components of a Graph

Answer 33

1. Title 2. Data Labels 3. Gridlines 4. Axis Labels 5. Footnote 6. Data Source

Question 34

a support component that should give a clear idea of what the graph is about. It has to be short and concise.

Answer 34

Title

Question 35

a support component that are displayed on or next to the data components to facilitate their identification and understanding

Answer 35

Data Labels

Question 36

a support component that help users read and compare data values.

Answer 36

Gridlines

Question 37

a support component that should identify the values displayed in the graph.

Answer 37

Axis Labels

Question 38

a support component that may be used to provide definitions or information

Answer 38

Footnote

Question 39

a support component that should be identified at the bottom of the graph.

Answer 39

Data source

Question 40

essential parts of a graph that are not related to the data.

Answer 40

Decorative Features