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Table of Contents
INTRODUCTION.................................................................................................................................3
MEAN...................................................................................................................................................5
MEDIAN...............................................................................................................................................6
MODE...................................................................................................................................................6
RANGE.................................................................................................................................................6
STANDARD DEVIATION...................................................................................................................7
FORECASTING...................................................................................................................................8
CONCLUSIONS.................................................................................................................................11
Reference list.......................................................................................................................................12
INTRODUCTION
This report begins with a table that displays data on the speed of wind in London for ten
consecutive days. Two charts will be constructed to examine data from the table: a Column
Chart and a Line Chart. The data presented at the start of the article will be used to determine
the Mean, Median, Mode, and Range in the next. Variation will also be calculated
because based on this that the value of Standard Variation can be determined. The final
section of this report will forecast wind speed for days 12 and 14 by using the linear
forecasting model y = mx + c (Hogg, Mckean and Craig, 2019).
ARRANGING DATA IN A TABLE FORMAT
The data demonstrates how things vary and by how much (Garner and Collins, 2019). To
demonstrate how wind speeds fluctuate and by how much, a table was developed in which
data on wind speed was updated for 10 consecutive days, beginning March 31 and ending
April 09, as seen below:
Source: https://www.timeanddate.com/weather/uk/london/historic
Column Charts are most often defined as bar charts (S Sarantakos, 2016). In Microsoft
Excel, however, a column chart has vertical bars, whereas a bar chart has horizontal bars.
They both are used to compare variables in one or more data sets (Vaninsky, 2018). The
Column chart would be following created using the data from 10 consecutive days of wind
speed.
40
35
35
30
25 27
24 23
20 22 22
mph
15 16
10 12 11
10
5
0
1 2 3 4 5 6 7 8 9 10
Days
Figure 1: Column chart for the wind speed for ten consecutive days.
Line chart is used when is needed to show or focus on data trends (Garner and Collins,
2019). In order to show how data tends for wind speed from the last 10 days, the below Line
Chart was created:
40
35
30
25
MPH
20
15
10
0
1 2 3 4 5 6 7 8 9 10
Figure 2: Line chart for the wind speed for ten consecutive days.
MEAN
The mean is the often-used metric for determining central tendency. It can handle both
continuous and discrete data types. The mean is calculated by dividing the total amount of
values in a dataset set by the number of items in the dataset (Aliya Whiteley, 2018). The
following formula will be used to compute the Mean:
MEAN :
∑x
μ=
N
Where:
µ = Mean
∑ = Sum of / Total
N = Number of items
∑x
μ=
N
∑x = 24 + 23 + 12 + 10 + 22 + 22 + 27 + 35 + 11 + 16 = 202
N = 10
202
µ =
10
µ = 20.2
MEDIAN
The median is the middle score for a set of data that has been arranged in order of magnitude
(Aliya Whiteley, 2018).
N +1 10+1
Median position: = = = 11/2 = 5.5th position.
2 2
These data will be organized from lowest to greatest value in order to get the median wind
speed from 10 consecutive days: 10, 11, 12, 16, 22, 22, 23, 24, 27, 35. From the list, median
values are 22 and 22.
22+ 22
Median = = 22
2
The Median is 22
MODE
The mode is the most often occurring number, i.e. the number that appears the most
frequently (Aliya Whiteley, 2018). In this example, the most often used wind speed number is
10, 11, 12, 16, 22, 22, 23, 24, 27, 35.
We've seen the figure 22 for wind speed twice in the previous ten days.
RANGE
The range indicates the difference in between greatest and lowest values in the data, however,
the range is 0 when there is no fluctuation in the variable (Garner and Collins, 2019).
From the following list 10, 11, 12, 16, 22, 22, 23, 24, 27, 35 can be seen that the lowest value
is 10, and the highest value is 35
= 35- 10
= 25
It was established in this paper that the mean is 20.2. This value has been added to the table
below.
The deviation will be calculated by subtracting the mean from every value (x- µ). The results
were entered into the table below. In addition, the squared difference (x – µ) 2 was computed,
and the total was determined.
In order to find out the variance, the below formula will be used:
∑( x−μ)
σ2
N
567.6
σ2
10
σ2 56.76
Standard deviation, which is the square root of the variance, may be determined based on the
variation.
σ=
√ ∑ (x−μ)
N
σ = √ 56.76
σ = 7.53
FORECASTING
In order to forecast, Linear Model is going to be used and it is represented using the below
formula:
y = mx + c
where,
y = dependant variable
x = independant veriable
m = slope
c = intercept
x y xy x²
1 24 24 1
2 23 46 4
3 12 36 9
4 10 40 16
5 22 110 25
6 22 132 36
7 27 189 49
8 35 280 64
9 11 99 81
10 16 160 100
∑x= 55 ∑y= 202 ∑xy= 1116 ∑x²= 1373
Table 3: Data used to find out values of x, y, xy and x²
Let recall,
∑xy = 1116 (From the table)
∑x = 55
∑y = 202
∑x² = 1373 (From the table)
N = 10
Therefore:
10× 1116−55 ×202
m= 2
10 ×1373 – (55)
11160−11110
=
13730−3025
50
=
10705
=0.0046
Interpretation: if the day extends by one, the average wind speed is expected to
drop by 0.0046.
Let's insert the value of m= 0.0046 into the formula c
202−0.0046 × 55
c =
10
202−0.253
=
10
201.747
=
10
= 20.1747
Interpretation: If the day is zero, the model forecasts that costs will be about
20.1747.
After calculating the values of m and c, the following method may be used to anticipate the
wind speed for days 12 and 14:
y = mx + c,
where:
m = 0.0046
c = 20.1747
x = 12
y = 0.0046 × 12 + 20.1747
= 20.23
y = mx + c,
where:
m = 0.0046
c = 20.1747
x = 14
y = 0.0046×14+20.1747
= 20.23
In this report, the wind speed of 10 consecutive days was gathered and a table with all of the
data was constructed. Two charts were constructed using these data: a Column Chart and a
Line Chart. The data from the table was used to compute the mean, median, mode, and range.
Furthermore, Variation was estimated since Standard deviation may be calculated using it.
The relevance of forecasting was outlined and addressed at the end of this report.
Furthermore, forecasting for the 12th and 14th days was completed.
Reference list
Aliya Whiteley (2018). Mean mode median. 12th ed. Portishead: Bluechrome.
Garner, J. and Collins, J. (2019). Numeracy for work: handling data. 5th ed. Clayton South,
Vic.: Blake Education.
Hogg, R.V., Mckean, J.W. and Craig, A.T. (2019). Introduction to mathematical statistics.
8th ed. Boston: Pearson.
Vaninsky, A. (2018). Simplified Data Envelopment Analysis: What Country Won the
Olympics, and How about our CO2 Emissions? Numeracy, 6(2).