Unit 2
Introduction to the descriptive statistics.
START
Previous knowledge
Answer the following questions
What is "statistics"?
Sánchez (2004) mentions that statistics is the "science that helps to organize, present, analyze and interpret historical data as a fundamental element of judgment for future decision-making by the entrepreneur"Usually the data is numerical and, from it, references are obtained to estimate future behavior
Descriptive statistics
Did you know?
Inferential Statistics vs Descriptive Statistics
statistical porcess
data tabulation
It means encoding and transcribing the data into a comprehension and analysis tool. Usually the data is transcribed to an electronic sheet that allows the summation and processing of information.
Data grouping
Once the data has been transcribed, the next activity is to group them according to common characteristics, for example: geographical sectors, numerical answers, similar answers, open or closed answers, etc.
Obtaining results
The next activity is to obtain the results according to what is desired: arithmetic sums, trend measurements, percentages, etc.
graphic representation
To facilitate the analysis, it is necessary to present the results considering some of the graphical representations that were mentioned on the previous page.
Interpretation and conclusions
Once the graphic representation has been made, the final activity is to interpret the results as an element to draw conclusions that allow the entrepreneur to make appropriate decisions regarding their venture.
graphic representations
Area chart
Line chart
PROCESpie chart
Bar graphic
Thank you so much!
Descriptive statistics
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Created on October 30, 2022
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Transcript
Unit 2
Introduction to the descriptive statistics.
START
Previous knowledge
Answer the following questions
What is "statistics"?
Sánchez (2004) mentions that statistics is the "science that helps to organize, present, analyze and interpret historical data as a fundamental element of judgment for future decision-making by the entrepreneur"Usually the data is numerical and, from it, references are obtained to estimate future behavior
Descriptive statistics
Did you know?
Inferential Statistics vs Descriptive Statistics
statistical porcess
data tabulation
It means encoding and transcribing the data into a comprehension and analysis tool. Usually the data is transcribed to an electronic sheet that allows the summation and processing of information.
Data grouping
Once the data has been transcribed, the next activity is to group them according to common characteristics, for example: geographical sectors, numerical answers, similar answers, open or closed answers, etc.
Obtaining results
The next activity is to obtain the results according to what is desired: arithmetic sums, trend measurements, percentages, etc.
graphic representation
To facilitate the analysis, it is necessary to present the results considering some of the graphical representations that were mentioned on the previous page.
Interpretation and conclusions
Once the graphic representation has been made, the final activity is to interpret the results as an element to draw conclusions that allow the entrepreneur to make appropriate decisions regarding their venture.
graphic representations
Area chart
Line chart
PROCESpie chart
Bar graphic
Thank you so much!