Why is it useful to look at data in a graph as well as in a table?
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Why is it useful to look at data in a graph as well as in a table? What is the main advantage of seeing a graph of the data?
For most people looking a long tables of numbers provides little useful insight. The following table is relatively short, but do you quickly see the error in the table?
Time | Sales |
1 | 2,905.061 |
2 | 2,105.952 |
3 | 2,425.459 |
4 | 1,901.989 |
5 | 2,983.749 |
6 | 2,054.975 |
7 | 5,207.734 |
8 | 1,549.668 |
9 | 2,344.998 |
10 | 2,749.116 |
- For what kind of data pattern is a linear regression model most applicable? Give an example based on data used in this chapter.
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Related Book For
Forecasting And Predictive Analytics With Forecast X
ISBN: 978-1259903915
7th edition
Authors: J. Holton Wilson, Barry Keating
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