Data Analysis Using Venn Diagrams | Chapter 08 | Current Perspective to Economics and Management Vol. 4
Data analysis is the process of evaluating data using analytical and
statistical tools to discover useful information and aid in business decision making.
There are several data analysis methods. However, one area that has been left
out in the analysis of data is the analysis involving intersections and
overlapping relationships between two or more sets of items. The intersection
of two or more sets of data is a new set that contains all of the elements that
are in both sets. This chapter introduces the use of Venn diagrams in the
analysis of data sets involving intersections and overlap. This method will be
of benefit analysis of data sets that involve mixed financing strategies in
finance and economics by showing all possible logical allocation and
intersection of strategies in the "Mixed Financing Strategies."
Author(s) Details
Raude John O. Messo
Department of Business
Management, School of Business and Economics, Masinde Muliro University of
Science and Technology, Kenya.
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