Formats for decision making Flashcards
1
Q
What types of graphs can be used for decision making ?
A
Line - identifies trends overtime, simplistic and shows impact of decision
Pie - simplistic, good comparison, doesn’t show trends as it uses percentages
Bar - side by side comparison, shows trends, easy to interpret
Histogram - shows statistical averages, complex data analysis
Scatter graph - shows correlation/trends between results, direct comparison
2
Q
What is the use of presentation and report writing ?
A
Justifies key decisions to stakeholders as business leaders will read summative reports as they are not interested in every small detail
