Concept explainers
Explain the pros and cons of tabular versus visual data analysis.
Describe the advantages and disadvantages of tabular versus visual data analysis.
Explanation of Solution
Tabular data analysis:
The tabular form of the data would help in identifying the exact or accurate values of required quantity. It helps in comparing the individual values of one group with another group.
The main disadvantage of using tabular form of data analysis is that, the table cannot exhibit the hidden trends or patterns in the data. It would not be an effective way of comparing each individual value in the data to determine the differences between two groups.
Visual data analysis:
The visualization of the data helps in providing a good communication with the data at all the levels of organizations. The graphs used for visualizing data would exhibit the underlying patterns in the datasets and helps to determine the relationships between the variables. This would help in making important decisions related to business. The data can be easily understood and interpreted through visualization techniques.
The main disadvantage of visual data analysis is that, an individual data value for a particular item or quantity cannot be identified using the graphs or pictures.
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Chapter 3 Solutions
Business Analytics
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