Basic requirements for the graphical methods


Discuss the below:

Q1. In constructing a histogram for given data set (let say age data of your community people), how many class intervals will you consider in the graph. Would you tell us the rules to determine the number of class intervals in constructing a frequency table of a continuous outcome measure data?

Q2. Would you please tell us with an example how charts and graphs can help to improve management's discussion of a company. What types of charts and graphs are commonly used in business management decisions

Q3. What would be the most appropriate graphical representation to show the dispersion of new home prices in a particular area? Why?

Q4. Would you please tell us what graphs are used in your company to examine patterns in rental rates and leasing velocity and the relationship between the two, and why.

Q5. Would you please tell us what are the basic requirements for the two graphical methods.

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Basic Statistics: Basic requirements for the graphical methods
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