Business Statistics

Session 2
Data Presentation
Raw Data
Data Array of Average inventory (in days) for 20 convenience stores
2.0 3.8 4.1 4.7 5.5
3.4 4.0 4.2 4.8 5.5
3.4 4.1 4.3 4.9 5.5
3.8 4.1 4.7 4.9 5.5
Frequency distribution
Class Frequency (number of
observations in each class)
2.0 – 2.5 1
2.6 – 3.1 0
3.2 – 3.7 2
3.8 - 4.3 8
4.4 – 4.9 5
5.0 – 5.5 4
Relative Frequency Distribution
Class Frequency Relative
(number of frequence
observations in
each class)
2.0 – 2.5 1 0.05
2.6 – 3.1 0 0.00
3.2 – 3.7 2 0.10
3.8 - 4.3 8 0.40
4.4 – 4.9 5 0.25
5.0 – 5.5 4 0.20
20 1.00
Width of a class interval

Next unit value after largest value in data - Smallest value in data
Width of class interval 
Total number of class intervals
Graphing Frequency distributions
• Histogram
• Frequency polygons
• Ogives