Economics · Ch 4 — Presentation of Data
Recap
Recap
Key points of the chapter:
- Even a large mass of data begins to speak meaningfully only once it is properly presented.
- For a small quantity of data, textual presentation serves best, because it can carry the few figures in ordinary sentences and stress particular points.
- For a large quantity of data, tabular presentation is better, since a table can accommodate any volume of data for one or more variables and organise it for further treatment. …