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To Plot or Not to Plot: An Exercise on Understanding and Comparing Datasets

Kaushik Bhattacharjee, Durga Prasad Samontaray

商品編號:W34893
出版日期:2024/09/02
再版日期:
商品來源:
商品主題:General Management/Strategy; Operations Management
商品類型:
涵蓋議題:plotting data;first-order and second-order moments;data visualization;bivariate analysis;regression
難易度:4 - Undergraduate/MBA
內容長度:3 頁
地域:
產業:
事件年度:2023

As managers face a flood of data, it is very important that they effectively analyze and interpret the available data to make decisions. Plotting data will help them in their analysis and interpretation of raw data. The same is true for students in business programs. However, students in business programs (and managers) often do not see the importance of plotting data. This exercise presents a typical classroom scenario in which the professor of data visualization quotes statistician John W. Tukey to his students and tries to drive home the importance of plotting data. A representative student understands about presenting summary statistics and running some statistical tests, but questions the usefulness of plotting points as well. The professor must decide how to teach the class about the merits of plotting data. The professor gives the student an assignment with data and instructions, and tells the student to report the class the next day. The student is unaware that he has been given the Anscombe quartet, and he becomes convinced of the benefits of plotting data.

教學手冊:To Plot or Not to Plot: An Exercise on Understanding and Comparing Datasets - Teaching Note
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