Institute of Management

Nirma University

MBA (Full-Time)

DATA ANALYTICS GLOSSARY

Course Name: Data Analytics for Managers

Group Assignment 1

Submitted to:
Dr Chetan Jhaveri

Submitted by:
Karanvir Singh - 201321
Ketan Kumar - 201322
Kinsukh Goel – 201323
Manendra Pratap - 201324
Manya Gupta - 201325
Contents
CHAPTER 2 - DESCRIPTIVE STATISTICS: TABULAR AND GRAPHICAL DISPLAYS......2
GLOSSARY.....................................................................................................................................2

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CHAPTER 2 - DESCRIPTIVE STATISTICS: TABULAR AND
GRAPHICAL DISPLAYS

GLOSSARY

1. Categorical Data: Categorical Data refers to the data where we arrange data
according to the name and labels of the categories.
2. Quantitative Data: Quantitative Data refers to the data where we arrange data
according to the numerical values.
3. Data Visualisation: Using graphical displays to present the categorical and
quantitative data is called as Data Visualisation.
4. Frequency Distribution: Frequency in simple terms means the number of
occurrences. Frequency distribution refers to the tabular, graphical display of the
number of times an event/outcome occurs in a population or sample. One of the
requirements for frequency distribution is that the data set needs to be mutually
exclusive and exhaustive.
5. Relative Frequency Distribution: When we represent the frequency distribution
according to the class intervals, the proportion of values associated with a particular
class interval is called relative frequency distribution.
6. Percent Frequency Distribution: When we represent the frequency distribution
according to the class intervals, the percentage of values associated with a particular
class interval is called relative frequency distribution.
7. Bar Chart: Bar chart is one of the data visualisation tools used in Data Analytics. Bar
Chart refers to representing data points in the form of bars either horizontally or
vertically. The height or length of the bar chart is proportional to the value of the
particular category they represent.
8. Pie Chart: Pie Chart is another data visualisation tool to represent data used in data
analytics. In literal terms, pie is a portion of a circular sweet. Therefore, pie chart
represents data in circular chart with proportions cut out into slices.
9. Classes: Classes in frequency distribution refers to the intervals of data in which
particular value entries are done. In a frequency distribution minimum number of
classes must be 5. Width of class interval refers to the difference between the max and
the min value in the class interval.

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10. Dot Plot: Data Visualisation method in which the data is represented by plotting the
values on the scale in the form of the dots. It is a fairly simple tool used to represent
the statistical data points in the form of a visual display.
11. Histogram: Histogram is the most powerful data visualisation tool in statistics.
Histograms represents the data in the form of the bars for different class intervals. It
represents the distribution of data. The distribution of data can be symmetric or
skewed i.e. data value are shifted either to the right or the left.
12. Cumulative Frequency Distribution: Cumulative distribution frequency uses the
class interval, class width of the normal frequency distribution with the change that
the values are represented as the sum of the class and all the classes below it.
13. Relative Cumulative Frequency Distribution: Relative cumulative distribution
frequency uses the class interval, class width of the normal frequency distribution
with the change that the values are represented as the proportion of the sum of the
class and all the classes below it.
14. Percent Cumulative Frequency Distribution: Percent cumulative distribution
frequency uses the class interval, class width of the normal frequency distribution
with the change that the values are represented as the percentage of the sum of the
class and all the classes below it.
15. Cross Tabulation: Cross tabulation refers to the tabulation of data for comparison
between two or more variables. Cross tabulation method is used to determine the
relative changes in one variable with respect to the other variables. Cross tabulation in
statistics helps an individual make an informed decision by referring to the
relationship portrayed by the variables.

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