Business Math Presentation and Analysis of Business Data PDF

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RationalBandoneon

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Xavier University – Ateneo de Cagayan

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business math data analysis graphing business

Summary

This presentation discusses business math, covering graphical representations of business data, and providing examples using different graph types such as column, bar, line, and pie charts. The examples cover different aspects of business performance, including company sales, expenses, and incomes, focusing on 2011-2015 data and analysis. The presentation includes a structure for a business plan project.

Full Transcript

BUSINESS MATH PRESENTATION AND ANALYSIS OF BUSINESS DATA SPECIFIC LEARNING OUTCOMES The learners are able to: Identify the appropriate type of graph to be used given the objective of the data presentation Create, analyze and interpret, and use MS Excel to create the app...

BUSINESS MATH PRESENTATION AND ANALYSIS OF BUSINESS DATA SPECIFIC LEARNING OUTCOMES The learners are able to: Identify the appropriate type of graph to be used given the objective of the data presentation Create, analyze and interpret, and use MS Excel to create the appropriate graph for data presentation THE GRAPHICAL FORM OF DATA PRESENTATION: A. provides a visualization of the presented data. It can be used to effectively communicate shapes and trends; B. can be used in emphasizing relationships across data; C. is generally the easiest form to digest and has the least clutter; and D. is the least precise form of data presentation. THE FOLLOWING ARE THE FOUR BASIC GRAPHS FOR DISCUSSION: A. Column graph B. Bar graph C. Line graph D. Pie chart COLUMN GRAPH The column graph consists of patterned rectangles displayed along a baseline called the x-category or the horizontal axis. The height of the rectangle represents the amount of data, which is evaluated using the y-category or the vertical axis. The left-to-right bias most people possess makes column graphs more appropriate for time- series data than bar graphs. Column graphs best show changes in data over a short time span and relationships between two or more data series. COLUMN GRAPH Using the following data set, construct a column graph for: A. Company A sales, 2011-2015 B. Company B sales vs. net income, 2011-2015 C. Company A vs. B vs. C net income, 2011-2013 A. COMPANY A SALES, 2011- 2015 B. COMPANY B SALES VS. NET INCOME, 2011- 2015 C. COMPANY A VS. B VS. C NET INCOME, 2011- 2013 BAR GRAPH The bar graph is basically a column graph in which the rectangles are arranged horizontally along the y-axis. The length of each rectangle represents its value, which is evaluated using the x-axis values. Bar graphs best show data series and data comparisons in competition and with no natural order, such as according to time, etc. BAR GRAPH Using the earlier data set, construct a bar graph for: A. Company D sales and itemized expenses, 2014 B. Sales per Company, 2015 C. Sales and net income per Company, 2015 A. COMPANY D SALES AND ITEMIZED EXPENSES, 2014 B. SALES PER COMPANY, 2015 C. SALES AND NET INCOME PER COMPANY, 2013 LINE GRAPH The line graph connects data points with lines; different series are given different line markings (for example, dashed or dotted) or different tick marks. Line graphs best show the comparison of long series and is best used when attempting to communicate a data trend LINE GRAPH Using the earlier data set, construct line graph for: A. Company C sales and net income, 2011-2015 B. Company B vs. D vs. E sales, 2011-2015 C. Net income per Company, 2011-2015 A. COMPANY C SALES AND NET INCOME, 2011- 2015 B. COMPANY B VS. D VS. E SALES, 2011-2015 C. NET INCOME PER COMPANY, 2011-2015 PIE CHART The pie chart is a circle with radii connecting the center to the edge of the circle. The area between two radii is called a slice. The proportions of the data values in the pie chart to the whole are reflected in the areas of the slices. Pie charts best show the composition or breakdown of a whole PIE CHART Using the earlier data set, construct a pie chart for: A. Breakdown of Company E expenses, 2014 B. Breakdown of Company A total sales from 2011-2015 A. BREAKDOWN OF COMPANY E EXPENSES, 2014 B. BREAKDOWN OF COMPANY A TOTAL SALES FROM 2011-2015 2ND PERFORMANCE TASK BUSINESS PLAN PROJECT PRESENTATION STRUCTURE: A. First, present a background of their selected business. B. Next, present the basis for product prices and quantities for sales. C. Next, present the costs and expenses required to operate the business. D. Next, present the computation of net income (sales less itemized expenses). E. Next, present the scenario analysis using tables and graphs. The students can emulate the table and graph examples discussed during class, e.g., using a column graph for projected annual sales, using a line graph for projected net income under different scenarios, using a table to compare key figures across scenarios. F. Lastly, conclude the presentation by discussing the most important factors affecting the feasibility of the business.

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