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Chapter 9.1: Repetitive Analytics: Some Basics




















               Fig. 9.1.20 Two different perspectives of the same thing.


           In Fig. 9.1.20, it is seen that logically, a log tape is merely a sequential collection of
           different types of records. The perspective shown in Fig. 9.1.20 shows that the data
           logically appear to be repetitive records of data.



           Analyzing Points of Data



           One of the ways in which data are analyzed is through the graphing of collection of points
           of reference data. This technique is called the creation of a scatter diagram and is seen in
           Fig. 9.1.21.






















               Fig. 9.1.21 A scatter diagram.


           While gathering and plotting these points can lead to simple observations, there is a
           mathematical means to expressing the scatter diagram. A line can be drawn through the
           points. The line represents a mathematically calculated formula using what is called the
           least squares method. In the least squares approach, the line represents the mathematical
           function where the square of the distance from each point to the line is the least value.

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