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Economics Notes

The document discusses the presentation of data, focusing on textual and tabular formats. It highlights the advantages and drawbacks of textual presentation, emphasizing the importance of clarity and precision in data representation. Additionally, it outlines the components of a table, guidelines for creating effective tables, and different types of tables based on their purpose.

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0% found this document useful (0 votes)
5 views

Economics Notes

The document discusses the presentation of data, focusing on textual and tabular formats. It highlights the advantages and drawbacks of textual presentation, emphasizing the importance of clarity and precision in data representation. Additionally, it outlines the components of a table, guidelines for creating effective tables, and different types of tables based on their purpose.

Uploaded by

shipramodi31
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© © All Rights Reserved
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Presentation of Data Part I: Textual & Tabular Presentation UAL PRESENTATION TE In this type of presentation data are part of the text of study o of the subject matter of study. TP is also known as descriptive presentation of This is most common form of Data presentation when the quantity of data is not very organization revealed that in the state of tivation of rice and a part of the description yf Data. large. Eg. Surveys conducted by a non-governmental Punjab the cultivation of pulses has shrunk by 50% while the cult wheat has increased by 30%, between/in the years 2023-2024. ) Textual presentation of data is most suitable when the quantity of data is not very large. ii) Rather than saying that price of gold is sky-rocketing, a statement like price of gold has risen by 50% during the financial year 2023-2024 is much more meaningful and precise. iii) Indeed textual presentation of data is an integral component of a small quantitative description of a phenomenon. It gives an emphasis of statistical truth to the otherwise qualitative observations. DRAWBAC {) (A serious drawback of the textual presentation of data is that) One has to go through the entire text before quantitative facts about a phenomenon become evident. ii) TP of data does not offer anything to the reader at a mere glance of the text matter. ‘iii) The reader must read and comprehend the entire text. the subject under study is vast and involves comparison across different textual presentation of data would only add to the discomfort of the PARTS OR COMPONENTS OF A TABLE 1) Table number: A table must be numbered. Numbers facilitate location of the tables. toc on be written in bold letters. The title must be simple, clear and short. ve: i) The problem, if , iv) The natu of, fication of dita }) The time period, iii) The place of study, iv) The ire S ., Headnote completes the information in the title of the table. = Stubs: Stubs are titles of the rows of a table. ee Caption is the title given to the columns of a table. A caption may have sub- 's when information contained in the columns is divided in more than one class. A caption of students may sub heads as girls and boys. ©) Body or Field: body of a table means sum total of the items in the table. Thus, a body is the most important part of a table. Each item in the body is called a ‘cell’. 7) Unit of Measurement: UM of the figures must be specified alongwith the title 8) Footnotes: these are generally given when information in the table need to be supplemented. 9) Source: When/if the tables are based on secondary data, source of data is to be given. Source of data is specified below the footnote. For table format refer: page 122 GUIDELINES OR FEATURES OF A GOOD TABLE: Construction ofa table depends upon the objective of study. It also depends upon the wisdom of the statistician. a) Compatible Title: title of a table must be compatible with the objective of the study. b) Headings: Headings should generally be written in the singular form. For eg: ‘good’ must be written and not ‘goods’. c) Abbreviations: use of abbreviations should be avoided in the headings or sub- headings of the table. d) Footnote: footnote should be given only if needed. It must bear some asterisk mark (*) corresponding to the concerned item. e) Total: in the table, sub-totals if the items must be given at the end of each row. f) Source of data: must be noted at the foot of the table. Generally noted next to the footnote. g) Size of columns: size of columns must be uniform and symmetrical. KINDS OF TABLES: 1) Tables according to purpose: a) General Purpose Table: * General purpose table is that table which is of general use. * It does not serve any specific purpose or specific problem under consideration. * Such tables are just ‘data bank’ for the use of researchers for their various studies. called reference tables. Purpose Table:

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