Personal FinanceTechnology Literacy MATH in the Workplace Unit

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Personal Finance/Technology LiteracyMATH in
the Workplace Unit

• Dave Gelber
• Personal Finance/Technology Literacy
• 2007-2008
• Periods 3, 5, 7, 8, 9

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Unit Learning Objectives

• Explain the value of Mean, Median, Mode, and
  Range
• Communicate Math Data accurately in charts and
  graphs
• Build Workplace competencies in using
  interpersonal skills, information, and systems.

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Analyzing Data

• At work and throughout life, it is important to
  analyze data in a few different ways in order to
  understand different subjects.
• You need to understand
• Mean, Median, Mode, Range
• How to use Charts and Graphs

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Mean, Median, Mode, Range

• Ways to analyze data
• MeanAverage of the set of data.
• MedianThe number exactly in the middle when data
  is arranged in ascending to descending order.
• ModeNumber that occurs most frequently.
• RangeThe difference between the highest and
  lowest values.

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Analyze Data
Using Microsoft Excel, lets calculate the Mean,
Median, and Mode.
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EXCEL and Analyzing Data

• First, Enter the Data

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EXCEL and Analyzing Data

• Second, enter Mean, Median, Mode

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EXCEL and Analyzing Data

• Lastly, calculate the data. For Mean use the
  AVERAGE function. For Mode use the MODE
  function. For Median use the MEDIAN function.

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EXCEL and Analyzing Data
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Using Charts Graphs

• Charts Graphs are used to display information
  quickly and clearly. They are used in books,
  magazines, and newspapers, and on TV. Charts
  Graphs make data easier to use, compare, and
  comprehend.

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Using Charts Graphs

• TablesArranges Data in rows and columns
• Line GraphsShows the relationship between two or
  more variables. Shows trends across periods of
  time.
• Bar ChartsShows comparisons between categories.
  
• Circle GraphShows the relationship of parts to
  the whole.
• PictographPresents information with the use of
  eye catching images.

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Tables
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Line Graphs
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Bar Graphs
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Circle Graphs
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Pictographs