Data Presentation And Trend Analysis - Content

Question 1

What is the importance of data presentation?

Answer 1

Data is meaningless unless it is presented in a way which allows decision makers to use it to inform their decisions. There are many tools available to present data.

Question 2

What are some advantages of presenting data as text?

Answer 2

• it is straightforward
• no interpretation of pictorial representations

Question 3

What are some disadvantages of presenting data as text?

Answer 3

• not easy for humans to digest because of the amount of information

Question 4

Why is trend analysis useful to businesses?

Answer 4

Businesses that can identify trends quickly and easily are the ones which stay ahead of the competition.

The more data that is available, the more accurate and valid the trends should be.

Question 5

Why can graphs sometimes be more effective than datasets?

Answer 5

-presenting information in graphical form allows the business to see the peaks and pits.
- it is less time consuming

Question 6

Why are pivot charts useful?

Answer 6

They combine massive data sets to compare two or more variables.