Create At Least Three Visuals, One Must Be A Scatter Plot

Question

Create at Least Three Visualsone Visual Must Be A Scatter Plot With Tr Create at least three visuals. One visual must be a scatter plot with trend line, equation, R2 value, and prediction value. Two of the remaining required visuals can be of the following format: histogram, box and whisker plot, or pie chart. Please note that the data set that you chose in Week 2 includes data that will not be needed to create your visuals. Quantitative reasoning requires critical thinking to decide what data is necessary. Create a Microsoft® Word document that includes your three visuals and the following items: Title of your project and the scenario you are addressing Brief description of each visual (15 to 50 words) Consider including the following for each visual when applicable: A chart title that is appropriate for the data A descriptive x-axis label A descriptive y-axis label For your xy scatter plot, make at least one prediction using the trend line equation for a date in the future. How confident are you in this prediction? State your prediction and provide justification (50 to 150 words). If you created a box and whisker plot, describe the central tendency of the values. What does this tell you about the data and about your project? Calculate the mean of the sample data.

Dr. Jack HW Helper · Accepted Answer

Create at Least Three Visualsone Visual Must Be A Scatter Plot With Tr Analysis of Data Visualizations for Project Scenario When undertaking a data analysis project, effective visualization is essential for understanding and communicating findings. In this project, three distinct visuals are created to illustrate key data trends, distributions, and predictions relevant to the scenario being addressed. The visuals include a scatter plot with a trend line, a histogram, and a box-and-whisker plot, each serving a specific analytical purpose. Visual 1: Scatter Plot with Trend Line This scatter plot depicts the relationship between two variables — for example, time in days versus sales revenue. The trend line indicates a positive correlation, highlighting an overall upward trend in sales over time. The regression equation, R² value, and prediction for future sales are included to provide insight into future performance. The chart title is "Sales Over Time," with the x-axis labeled "Days" and the y-axis labeled "Sales Revenue ($)." Based on the trend line, I predict that on day 150, sales will reach approximately $12,500. I am moderately confident in this prediction, considering the R² value of 0.85 indicates a strong correlation but not perfect. Variations in external factors could cause deviations from this estimate. Visual 2: Histogram This histogram displays the frequency distribution of customer ages within the dataset, revealing clustering around age groups 30-40 and 50-60. The chart title is "Customer Age Distribution," with the x-axis labeled "Age Groups" and the y-axis labeled "Number of Customers." The central tendency suggests a skewness toward middle-aged customers, indicating potential target demographics for marketing strategies. Visual 3: Box-and-Whisker Plot The box plot illustrates the spread and central tendency of order quantities purchased by customers. The median is located around 5 units, with the interquartile range spanning from 3 to 7 units, indica

Create At Least Three Visuals, One Must Be A Scatter Plot

Create at Least Three Visualsone Visual Must Be A Scatter Plot With Tr

Paper For Above instruction

Analysis of Data Visualizations for Project Scenario

Visual 1: Scatter Plot with Trend Line

Visual 2: Histogram

Visual 3: Box-and-Whisker Plot

Conclusion

References