5008_Ass 2 : # Draft 1 : Assessment 2 Instructions: Using Analytic Techniques to Add Meaning to Data # MBA

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Running Head : USING ANALYTIC TECHNIQUES TO ADD MEANING TO DATA 2

Using Analytic Techniques to Add Meaning to Data

Using Analytic Techniques to Add Meaning to Data

Create a scatterplot of the highest stock price (in the column labeled "High") against time. Write a sentence explaining the process by which you created this graph.

To create this graph, copied the data in the columns "Date" and "High" and put them in a new tab "Highest Stock Price and Time" in the same excel worksheet. I then selected the data and clicked on the "Insert" tab on the tabs bar. I chose "Insert Scatter (X, Y)" in the "Charts" group. Finally, chose "Scatter with Smooth Lines" to generate the graph. I then clicked on the "+" in the chart area to insert "Axis Title" (Sarikaya & Gleicher, 2017).

Create a scatterplot of the lowest stock price (in the column labeled "Low") against time. Write a sentence explaining the process by which you created this graph

To create this graph, copied the data in the columns "Date" and "Low" and put them in a new tab "Lowest Stock Price and Time" in the same excel worksheet. I then selected the data and clicked on the "Insert" tab on the tabs bar. I chose "Insert Scatter (X, Y)" in the "Charts" group. Finally, chose "Scatter with Smooth Lines" to generate the graph. I then clicked on the "+" in the chart area to insert "Axis Title" (Sarikaya & Gleicher, 2017).

Create a histogram of the adjusted daily closing stock price (in the column labeled "Adj Close"). Make sure the histogram is meaningful by adjusting the bin size so you can see the shape of the histogram. Write a sentence explaining the process by which you created this graph

To create this graph, I copy the data in the column "Adj Close" and put them in a new tab "Adjusted Daily Stock Price" in the same worksheet. I then establish bin limit and bin count for every range. I then selected the data and clicked on the "Insert" tab on the tabs bar. Finally, I chose "Clustered Columns" in the "Charts" group to generate the graph. I then clicked on the "+" in the chart area to insert "Axis Title" (Anderson, Sweeney, Williams, Camm, & Cochran, 2020). 

Create a histogram of the stock trading volume (in the column labeled "Volume"). Make sure the histogram is meaningful by adjusting the bin size so you can see the shape of the histogram. Write a sentence explaining the process by which you created this graph

To create this graph, I copy the data in the column "Volume" and put them in a new tab "Stock Trading Volume" in the same worksheet. I then establish bin limit and bin count for every range. I then selected the data and clicked on the "Insert" tab on the tabs bar. Finally, chose "Clustered Columns" in the "Charts" group to generate the graph. I then clicked on the "+" in the chart area to insert "Axis Title" (Anderson et al., 2020).

Calculate the mean, median, mode, and standard deviation of the adjusted daily closing stock price. Write a sentence explaining the process by which you calculated these statistics

Table 1.

Descriptive Statistics for the Adjusted Daily Closing Stock Price

Column1

Mean

551.8642305

Standard Error

19.81150916

Median

469.059998

Mode

#N/A

Standard Deviation

315.1213441

Sample Variance

99301.46153

Kurtosis

0.709074562

Skewness

1.021364902

Range

1334.610016

Minimum

211.399994

Maximum

1546.01001

Sum

139621.6503

Count

253

Confidence Level (95.0%)

39.01722924

I clicked "Data" in the tabs bar and select "Data Analysis" in the "Analysis Group." In the Data Analysis wizard, I chose "Descriptive Statistics." I activated the input range control and selected the data in the "Adj Close" column. I then select a 95% confidence level for mean and click "Ok." The above table with summary statistics was generated.

Calculate the mean, median, mode, and standard deviation of the stock volume. Write a sentence explaining the process by which you calculated these statistics

Table 2.

Descriptive Statistics for the Stock Volume

Column1

Mean

13413402.37

Standard Error

526530.6515

Median

11698100

Mode

#N/A

Standard Deviation

8374982.707

Sample Variance

7.01403E+13

Kurtosis

5.50164049

Skewness

1.820742724

Range

58473200

Minimum

2465600

Maximum

60938800

Sum

3393590800

Count

253

Confidence Level (95.0%)

1036961.241

I clicked "Data" in the tabs bar and select "Data Analysis" in the "Analysis Group." In the Data Analysis wizard, I chose "Descriptive Statistics." I activated the input range control and selected the data in the "Stock Volume" column. I then select a 95% confidence level for mean and click "Ok." The above table with summary statistics was generated (Agabekova, 2019).

References

Agabekova, N. V. (2019). Business Statistics using Excel: electronic educational-methodical complex for undergraduates in the specialties 1-25 80 10 "Statistics and analysis".

Anderson, D. R., Sweeney, D. J., Williams, T. A., Camm, J. D., & Cochran, J. J. (2020). Essentials of modern business statistics with Microsoft Excel. Cengage Learning.

Sarikaya, A., & Gleicher, M. (2017). Scatterplots: Tasks, data, and designs. IEEE transactions on visualization and computer graphics24(1), 402-412.