You were Happy and Sad at the same time. If 90 makes you Happy and 80 makes you sad, Think again!
Well, the next day when visited his class, you received new information.
In Mathematics, everyone in the class got more than 90 marks and the class average is 95. In English, everyone is below your son. He is the topper! You are Happy and Sad again!
In Mathematics, everyone in the class got more than 90 marks and the class average is 95. In English, everyone is below your son. He is the topper! You are Happy and Sad again!
Well, that means more information, more clarity.
More the information does not mean all marks of all the children in all the subjects.
So, you need a summary. The best summary that can describe data is the 5 Point Summary.
So, you need a summary. The best summary that can describe data is the 5 Point Summary.
What
are those five points? ( The simple definitions are from wiki.paranormalcop.org)
2.First Quartile - the value above which there is 75% data
3.Median (second quartile) - the value which divides the data set into two equal halves, 50% above and 50% below
4.Third Quartile - the value above which there is 25% data
5.Maximum - the value above which there is no data.
These five points can be represented in a graph that is called Box and Whiskers plot.
Creating
Box plots in Excel are quite tricky as excel does not offer a straightforward
chart type for the same.
Here is a Box and Whiskers Plot template created for you.
You can create up
to 10 plots.
Download the excel from @Downloads .
This is a Do ..Co..Mo stuff: Download, Copy and Modify at your will.
Few
Ideas to get started.
1. Plot employee performance scores before and after training.
You may be able to find out the training impact!
2. Plot employees Incentive earnings
of last 2 years… You may understand the truth of employee earning!
by D.L. Massart,a J. Smeyers-Verbeke,a X. Caprona and Karin Schlesierb
Here is another great resource for special excel charts.
