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DATA

ENTERPRETATION
DELA ROMA & GANANCIAS
WHAT IS DATA
INTERPRETATI
ON?
Data interpretation refers to the process of
using diverse analytical methods to review
data and arrive at relevant conclusions.
The interpretation of data helps
researchers to categorize, manipulate,
and summarize the information in order
to answer critical questions.
two methods to
interpret the data
Qualitative method
This method is used to analyse
qualitative data or categorical data. The
qualitative data interpretation used texts
instead of numbers or patterns to
represent the data. Nominal and ordinal
data are the two types of qualitative data.
Ordinal data interpretation is much
easier than nominal data interpretation.
Quantitative method
This method is used to analyse
quantitative data or numerical data.
Quantitative data interpretation uses
numbers instead of texts to represent the
data. The types of quantitative data
interpretation are discrete and
continuous data. The quantitative
method of data interpretation requires
statistical methods and techniques like
mean, median, standard deviation, etc.
Steps for
Interpreting Data
The step by step process for Interpreting Data includes:

1.)Collect The Information You’ll Need To Interpret Data


– collect all the information you will need to interpret
the data. Put all this information into easy to read tables,
graphs, charts etc.

2.)Develop findings Of Your Data – develop observations


about your data, summarise the important points, and
find the conclusion because that will help you form a
more accurate Interpretation.
3.)Development Of The Conclusion – the
conclusion is remarked as an explanation of your
data. The conclusion should relate to your data.

4.)Develop The Recommendations Of Your Data –


the recommendation of your data should be based
on your conclusion and findings.
The Impotance of Data interpretation
• The well-analysed and well-structured data help the
managing board to examine the data before taking action to
implement new ideas.

•It helps in predicting upcoming trends and future


competition.

•The process of data interpretation provided the business


with various cost benefits.
•The data interpretation mostly helps in decision
making.
•Data interpretation helps you gain knowledge t
achieve a competitive strategy.
•The data interpretation helps to manipulate
information in order to answer critical questions
•It helps to evaluate consumer requirements.
Types Of Data
Interpretation
BAR
GRAPHS
by using bar graphs we can
interpret the relationship between
the variables in the form of
rectangular bars. These
rectangular bars could be drawn
either horizontally or vertically.
The different categories of data
are represented by bars and the
length of each bar represents its
value. Some types of bar graphs
include grouped graphs,
PIE
CHART
the circular graph used to
represent the percentage
of a variable is called a
pie chart. The pie charts
represent numbers as
proportions or
percentages. Some types
of pie charts are simple
pie charts, doughnut pie
TABLES Subject Number of Students

statistical data are History 19


represented by
tables. The data are
Maths 27

placed in rows and English 25

columns. Types of PE 18

tables include Science 28

simple tables and


complex tables.
LINE
GRAPH
the charts or graphs that
show information in a series
of points are included in the
line graphs. Line charts are
very good to visualise
continuous data or sequence
of values. Some of the types
Time (hours) of line graphs are simple
line graphs, stacked line

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