Nobody downloaded yet

Data Analysis Skills for Economics and Accountancy - Essay Example

Comments (0) Cite this document
The data for the last half of the year is not accounted for both countries in 2009. After analyzing the graph we can conclude that the change in inflation rate is…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.4% of users find it useful
Data Analysis Skills for Economics and Accountancy
Read TextPreview

Extract of sample "Data Analysis Skills for Economics and Accountancy"

Download file to see previous pages Similarly, a higher inflation can also signify that the economy is plunged into a debilitating recession, thus in both cases it is unclear to deduce which country has got a hand over the other.
The above histogram describes the number of hours spent on average using a microcomputer in week by the users. Sample population comprises of 370 individuals which is enough to find the normality of the sample data. The histogram has a mean of 10.41 which implies that on average each user spends 10.41 hours in a week on the computer. The standard deviation of 8.993 which is very high and close to the mean value reveals that there are a lot of values which are deviating from the standard mean. These deviations are the outlier which can be confirmed by the maximum value (outlier) of 78. The data set has a range of 78 which implies that the difference between the maximum and minimum value of 78. The distribution of the above graph can not be certainly described as a normal one because it has too many outliers but it can be classified as skewed to left.
After classifying the dataset into groups of 15 units we have divided the answers into categories ranging from very high to very low. Since the chi-square tests shows that the asymptotic significance value of 0.653 is greater than the significance level of 0.10 therefore we reach to a conclusion that gender does not affects the time spent by the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Data Analysis Skills for Economics and Accountancy Essay”, n.d.)
Retrieved from
(Data Analysis Skills for Economics and Accountancy Essay)
“Data Analysis Skills for Economics and Accountancy Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Data Analysis Skills for Economics and Accountancy

Importance of data analysis skills in Spend Analysis

...?Importance of data analysis skills in Spend Analysis Data analysis skills are very vital for spend analysis despite the emergence of a number of automated software solutions. Having strong data analysis skills benefits an organization as well as its suppliers. It enables a company to better plan the spend strategies and gain an understanding of pricing proposals by the suppliers. The reports obtained using software solutions are generally unable to provide information about daily planning and purchasing activities. The data no doubt is...
4 Pages(1000 words)Essay

Data Analysis

...?Data Analysis Data Collection The data used for this study is drawn from two sets of data: Jobseekers Allowance claimants and Unemployed persons. Although the file downloaded contains datasets for the whole of England and Wales, this research will only extract data for the 32 cities of London. Data for unemployed persons was obtained from the Annual Population Survey (APS). The APS is conducted annually during which information on the number and percentage of people who are employed, economically active, unemployment rate and economically inactive is collected. The APS is intended to be...
7 Pages(1750 words)Coursework


...?SPSS APA, 10 pages Question Descriptive Analysis Table shows the various variables, their question numbers, correct measures and the descriptivestatistics which are appropriate for each of the variables. Variable # Name Question # Measure Central Tendency Value Dispersion Value 1 Totspent 2 Scale(Ratio) Mean 158.59 SD 90.78 2 Watchtv 3 Nominal Mode 1 - 3 Tvprogram 4 Nominal Mode 3 - 4 Tvnewsviewer 5 Nominal Mode 1 - 5 Newstime 6 Nominal Mode 4 - 6 Surfnet 7 Nominal Mode 3 - 7 Websitevisit 8 Nominal Mode 3 - 8 Smartphone 9 Nominal Mode 2 - 9 Location 10 Ordinal Median 2 Percentile 1.50; 4.00 10 Distance 10 Ordinal Median 4 Percentile 2; 4 11 Wine 10 Ordinal Median 4 Percentile 2; 5 12 Chef 10 Ordinal Median 4 Percentile...
10 Pages(2500 words)Case Study

Academic Skills (Economics)

...Academic Skills (Economics) The general expectation of a like me is that he/she will develop skills and qualities that will boost their performance throughout their coursework. At the university, there is a greater emphasis on independent learning, the tutors merely facilitate to learning process. It is up to me to keep up with the growing information and use it in my learning situation. I am therefore obligated to acquire the standard transferable skills for any academic study. I am not only required to be literate, numerate and to have computer competency, but also acquire and exhibit capabilities, attitudes and qualities necessary for me to fit in the modern...
6 Pages(1500 words)Essay


...for an ordinary investor to unravel this tangle to get a correct picture of the state of affairs and any direct comparison of figures arrived at through diverse systems would obviously be misleading and might result in erroneous decisions.(Pownall & Schipper, September 1999) Diverse Cultures and Attitudes Though it might sound rather farfetched, but economic system, legal system and even culture and language of a country do play significant roles in accounting disclosures and enforcement of existing rules. There are solid historical reasons too that have helped in formulating accounting rule books in various countries. For example, companies in Japan and Germany have been historically...
10 Pages(2500 words)Essay


...of the business and performance improvement. Kirk (n.d.) states that “forecasting an annual budget for your business helps you determine where your needs are not only for funding, but personnel as well”. The factors which are needed to be taken into consideration while making an effective budget include the number of budget participants, competency levels, interdepartmental dependencies, diversity of skills, and individual roles. To develop an effective annual budget for a company, following steps are of critical importance: 1. Determining the amount of money which the company has made by gross sales in the previous business year, because that money will be used in order to represent the expenses of the company in...
7 Pages(1750 words)Essay

Data Analysis

.... Kotler-Berkowitz (2001) points out how data from the 1991 and 1992 waves of the British Household Panel Study, when statistically analyzed (using multinomial logistic regression analysis) state that religions influence the voting decisions of sizable number of British citizens. “Religious belonging, behaviour and belief, as well as the religious context of households, continue to influence British voting behaviour. Interaction effects among religious variables and between religious variables and class also operate to influence vote choice.” (Kotler-Berkowitz 2001). From the understanding of these previous studies, it is clear that these factors have to be studied. The following Section 2 will examine...
9 Pages(2250 words)Essay

Data Analysis past 2 years due to awareness of people for precautionary measures outlined by Langdale Ambleside Mountain Rescue Team. The highest numbers of incidents have been reported in 2010 in which 162 casualties were accounted. The reasons for highest number of incidents were due to freezing temperature in Britain which was recorded as highest in many years. The lowest numbers of incidents were reported in the year 2003 and 2005 in which 84 incidents were recorded in the region. The numbers of incidents have been declining since the freezing point hit Britain which has been a good sign for the nation (LAMRT, 2012). Measures to Avoid Incidents Weather Forecast Langdale Ambleside Mountain Rescue recommends that people must do...
4 Pages(1000 words)Essay


...Revision of Essay (Plan) II Revision of Essay (Plan) II Accounting describes the production of an organization’s financial data and its transmission to targeted personnel. For instance, accountants prepare financial statements that represent the economic resources of an organization in monetary terms. Accountancy is concerned with storing financial records, recording transactions, analyzing financial data for the management, and giving advice regarding taxation matters. These actions reveal losses or profits made, as well as the value and nature of an organization’s liabilities, assets, or equity. This paper describes an overview of...
2 Pages(500 words)Assignment

Financial Accountancy

...of the organisation (OECD, 2004). Firms mainly focus on their corporate governance strategies to enhance economic efficiency, operational transparency, and shareholder values. As a series of corporate failures and bank collapses over the last decade were attributed to accounting fraud and poor internal check systems, today business enterprises give particular emphasis to improving their corporate governance policies. In addition to stating the roles and responsibilities of the board of directors, corporate governance strategies give emphasis to the rights and privileges of stockholders. History of UK Corporate Governance As per the ICA document A history of corporate governance in the United Kingdom...
10 Pages(2500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Data Analysis Skills for Economics and Accountancy for FREE!

Contact Us