How Do Statistics Data Analysis Worksheets Work?
What Are Analysis Worksheets? Analysis involves the examination of a whole (for example, sales data for a month) through its parts (by week, by day, by department, by product, by salesperson, by region). Worksheets, also known as spreadsheets, can be created on paper or more typically within a worksheet software program such as Excel. The data is broken down into parts or columns of information that make sense to the topic. In our example of monthly sales data the columns might read “Date Sold,” “Sale Amount,” “Quantity Sold,” “Customer Name,” “City,” “Department” “Salesperson,” and the data being collected is a record listed in a row and pertaining to the product sold. Worksheet software is designed to perform statistical math on the data as specified by the user. What Is Statistical Data? Statistical data is the information used in the interpretation of analysis. The information is gathered by the business and reflects its many daily processes. A statistic is calculated from this dat
