QT Project

Group 25-
AA04-74022119310-Chitkarsh Saraogi
AA37-74022121441-Vinamrh Agarwal

 Data regarding State-wise Distribution of

Suicides by Age Group has been collected.
Statistical techniques namely Moving Averages,

Abstract Descriptive Stats (Mean. Median, Mode,

Standard deviation) and Normal Distribution
Probability have been performed.
Data
Moving Averages
Definition-
A moving average is a technique to get an overall idea of the trends in a data set; it is an average of any subset of
numbers. The moving average is extremely useful for forecasting long-term trends. It is primarily calculated as 2,3,4,5
years moving averages.

How to Perform-
· Select the Data tab on Excel – Go to Data Analysis Option – Choose Moving Averages.
· Under Input Range select the required data (in this case the suicide rate among the age of above 14 and below 18)
· Choose the interval (either 2,3,4,5)
· Select Output range and tick the checkbox of chart output for a graphical representation.

Analysis-
· We’ve performed the moving aves of 2 years for Above 14 and Below 18 and 4 years for Above 18 and Below 30.
· We got the Actual and Forecast values and can see that in the 2year moving average they are more related when
compared to 4year moving average.
Descriptive Statistics

Descriptive Statistics gives us an overview of the Mean,

Median, Mode, Standard Deviation among others.

To perform this statistical function-

· Select the Descriptive Stats option from the Data
Analysis Tab.
· Fill in the Input Range, Output Range, tick the summary
stats checkbox.

 Normal Distribution
1)
2)
Definition-
Normal distribution, also known as the Gaussian distribution, is a probability distribution that is symmetric about the
mean, showing that data near the mean are more frequent in occurrence than data far from the mean. In graph form,
normal distribution will appear as a bell curve.

Analysis-
To find the values we’ve assumed the Lower Limit in the series.
Using the descriptive stats found out above, we’ve taken the mean and standard deviation values, this helped us to
find the 4th column.
The formula used was- =(F69-$B$70)/$B$74
Here F69 is the Lower Limit, B70 is the Mean and B74 is the SD.
In the next column the NORMSDIST. “=NORMSDIST(0)-NORMSDIST(G69)”.
Then we subtracted the cells, i.e. “=H69-H70”.
We then multiplied the value so obtained with 100 and fit it into a graph.
Conclusion-
Through this project we’ve understand what moving averages mean, how to calculate it through excel and how to analyse
it and forecast future trends.
We’ve also seen about Normal Distribution Probability, what is means and what formulas we use to calculate it on excel,
we then fitted the normal distribution curve to understand the probability of the event being a success or failure.

https://1drv.ms/x/s!AsBV0DPIi6Ehl1WDlKx6CvvhlhJ2 – Link to Excel Link

References-
https://www.investopedia.com/terms/n/normaldistribution.asp
https://www.investopedia.com/terms/m/movingaverage.asp