Data interpretation forms a major part of almost all MBA entrance examinations including the CAT and GMAT. The DATA INTERPRETATION section in MBA entrance examinations checks the ability to synthesise a sizeable amount of information.
Graphs and charts show the relationship of numbers and quantities in visual form. By looking at a graph, you can see at a glance the relationship between two or more sets of information. If such information were presented in written form, it would be hard to read and understand.
Some tips to be remembered:
1. Take your time and read carefully. Understand what you are being asked to do before you begin figuring.
2. Check the dates and types of information required. Be sure that you are looking in the proper columns, and on the proper lines, for the information you need.
3. Check the units required. Be sure that your answer is in thousands, millions, or whatever the question calls for.
4. In computing averages, be sure that you add the figures you need and no others, and that you divide by the correct number of years or other units.
5. Be careful in computing problems asking for percentages.