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

What is the terminology used in mpmm, MPMM has adopted best practice termin...

MPMM has adopted best practice terminology to make sure that organizations communicate effectively whilst managing projects. Within the Glossary you will search definitions for all

Describe the follow-up phase, Describe the follow-up phase, in short. ...

Describe the follow-up phase, in short. Follow-up phase: Although this is extremely significant, the follow-up phase is frequently neglected. Throughout this phase, the w

What are the techniques used for a post completion review, What are the tec...

What are the techniques used for a post completion review? Techniques used for a PC (post completion) review: a. End user satisfaction surveys regarding to the quality of th

Project management structure, what are the segments involved in project man...

what are the segments involved in project management structure?

PMP, critical analysis of the pmp

critical analysis of the pmp

State the principle of extrapolating, The analysis effort and programming m...

The analysis effort and programming methods both rest onto the principle of extrapolating the total development effort by detailed evaluates of one phase of the project. Define the

Strategic internatic international business management, 1. Identify a poten...

1. Identify a potential target market for BNP Paribas’ retail banking’s future international expansion strategy

Explain phases of group development, Question 1: (a) While managing HR...

Question 1: (a) While managing HR projects, explain the different stages that ultimately lead to ‘crisis' in a conflict situation. (b) Despite that fact that conflicts bre

Project Risk Management, I have been in chemo after surgery, and have misse...

I have been in chemo after surgery, and have missed quite a bit of Project Risk Management. I was wondering if you guys are able to complete a few assignments that could catch me

Advantages of three dimensional models, Advantages of Three Dimensional Mod...

Advantages of Three Dimensional Models Layouts made of models are easier to understand by laymen. It is easy to explain to the management. Models can be shifted eas

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