Data Basics
What is data?
What is Information collected to answer questions
Which graph uses bars to show data?
What is a graph
What is profit?
What is Money left after cost
What is a financial institution?
What is A place that keeps money safe
You have $12. You save $5. How much left to spend?
What is $7
Which shows data: numbers or opinions?
What is Numbers
If one bar is taller, what does it mean?
What is more amount.
Which operation finds profit?
What is subtraction
Which is safer: bank or home?
What is a bank
A graph shows 15 apples and 9 oranges. How many more apples?
What is 6
What tool helps organize data into rows and columns?
What is a Table
A graph shows 10 students like pizza and 6 like burgers. How many more like pizza?
What is 4.
You earn $20 and spend $15. Profit?
What is $5
20-15=5
Name one advantage of saving money
What is safety, future use, etc.
You earn $25, cost is $17. Profit?
$8
Why do we use graphs?
To understand and compare data easily
What is the total if categories show 5, 8, and 7?
What is 20.
5+8+7=20
In 30 – 18= profit, what does 18 represent?
What is cost
Name one disadvantage of keeping money at home
What is that it can be lost or stolen
Which is better for long-term saving: piggy bank or bank? Why?
What is bank
What is one conclusion you can make from data?
What is it uses evidence
What trend do you see if numbers increase each time?
What is increasing pattern
If profit is $0, what does it mean?
What is no gain or loss
Why is saving important?
What is for future needs / emergencies
Explain how data can help you make a money decision
What is a full picture of pro's and con's