How does the presentation of data affect the acquisition of knowledge in economics? by https://padlet.com/spaul71/odl4xk3kvfg1zfwg en-us 2024-04-22 02:33:51 UTC 2024-04-24 04:55:16 UTC hello@padlet.com https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967506270 correlation doesn't equal causation


not seeing all the variables can affect the data

]]> 2024-04-24 04:48:29 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967506270 https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967507199 Graphs help me spot trends very quickly

]]> 2024-04-24 04:49:20 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967507199 https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967507532 Presentation of new data can often raise more questions, for example why we see a certain trend across the data

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]]> 2024-04-24 04:49:45 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967507644 Word heavy data requires strong language skill and practice. https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967508245 2024-04-24 04:50:19 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967508245 https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967508386 Percentages in economics and overall fixed data can lead to different ways of interpreting the data and information given

]]> 2024-04-24 04:50:27 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967508386 Statistics prove relationships https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967509082 2024-04-24 04:51:07 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967509082 https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967509415 Graph isn't only just a presentation of data, but also for visually representing relationships and connections for different things. For example: How do interest rates affect home sales?

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]]> 2024-04-24 04:51:33 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967509526 Presentation of data determines how accurate we can interpret and evaluate information of the real world https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967510196 2024-04-24 04:52:12 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967510196 If we see the same information over and over we think it is important https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967510429 2024-04-24 04:52:25 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967510429 https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967510768 If data is presented in a jumbled way and is confusing to either read or understand, further understanding could be needed in order for an individual to consume that knowledge correctly

]]> 2024-04-24 04:52:46 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967510768 https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967510790 Data can help communicate and confirm to other people what knowledge you are trying to express

]]> 2024-04-24 04:52:47 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967510790 Limitations https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967511875 There are always limitations to data. For example, the data for GDP per capita of a country is only an average and does not take into account income inequalities. GDP also is unable to reflect on economic wellbeing.

]]> 2024-04-24 04:53:39 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967511875 Data helps clarify knowledge therefore leading to an acquisition of knowledge https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967512085 2024-04-24 04:53:51 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967512085 2312018_2 https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967512273 Clear labels and numbers can ensure nothing is misinterpreted

]]> 2024-04-24 04:54:01 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967512273 2312023_3 https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967512284 We can get more accurate knowledge from the data.

]]> 2024-04-24 04:54:02 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967512284 https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967512722 different types of data and information can lead to confusion

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]]> 2024-04-24 04:54:39 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967513124 201200418 https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967513233 Different from economic theories, data are usually real world examples that are generally more specific and detailed

]]> 2024-04-24 04:54:45 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967513233 How data is presented can determined how the knowledge is interpretated https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967513820 2024-04-24 04:55:16 UTC https://padlet.com/spaul71/odl4xk3kvfg1zfwg/wish/2967513820