Scatter diagrams, Project Management

Assignment Help:

Scatter diagrams

The possible relationships between two variables are identified using scatter diagrams. In order to understand data as a whole, it is very important to understand the relationships among data elements. The steps to create a scatter diagram are:

1.  Define the theoretical relationship: Relationships between variables are not always obvious. It is easy to assume the relationship between variables.  The first  step  is  to  identify the  two  variables  that  will  be examined.

2.  Collect 50 to 100 paired samples of data: Analysis is based on a sufficient amount of data. Less data will result in erroneous conclusions.

3.  Plot the data on x-y axis: The horizontal axis or x-axis should be used for independent variables. These variables are the base. If there is a relationship between the base and data of other variables, then when the base changes, the data of other variable also changes. The y-axis is used for the dependent variables. These variables will surely change if the base changes.

4.  Interpret the data: Find regular patterns among the plotted points.

The figure shows example of scatter diagrams.

973_scatter diagram.png

Figure: Scatter Diagram


Related Discussions:- Scatter diagrams

Project charter for a bookshop, write a project charter for a bookshop mana...

write a project charter for a bookshop management project

What is memory virtualization, 1. Enterprises always seek to enhance the q...

1. Enterprises always seek to enhance the quality of service delivered to customers and end users. Justify. 2. Describe briefly the concept of capital budgeting for information

Describe the concept of earned value in project monitoring, Question: (...

Question: (a) What are the checks/actions to be carried out in a project monitoring meeting? (b) What is the rationale behind the concept of "earned value" in project mon

What is production, What is Production? Production: Production is...

What is Production? Production: Production is any procedure or process developed to transform a set of input tools as men, capital, materials, information and energy with

Swot analysis, SWOT Analysis is constituted with strengths, weaknesses, opp...

SWOT Analysis is constituted with strengths, weaknesses, opportunities and threats. It is the analysis that to identify the internal and external factors relate to the organization

Explain the development process, Question 1: "Total Quality Management ...

Question 1: "Total Quality Management is regarded as a quick fix solution by many organizations.This has led many companies to start on the road to total quality improvement in

Project management, Project management: a. Describe a project you are ...

Project management: a. Describe a project you are currently working on for school or work or your personal hobbies and interests that would benefit from Project Management con

Strategy for project implementation, A strategy for project implementation ...

A strategy for project implementation Projects involving  small number  of  activities,  resources,  constraints  and inter-relationship can be visualized easily by the human m

NETWORK DIAGRAMS, AHOW TO FIND THE VARIANCE OF AN ACTIVITY AND THE THE PROB...

AHOW TO FIND THE VARIANCE OF AN ACTIVITY AND THE THE PROBABILTY THAT A WORK WILL BE FINISHED IN A GIVEN NUMBER OF DAYSsk question #Minimum 100 words accepted#

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd