Arithmetic mean The mean of a data set is the average of all the data values Arithmetic mean of a data set is defined as ‘ the sum of the values’ divided by the... Weighted mean Sim
Trang 1Chapter 3
Statistical measures
Measure center and location
Measure
variation/dispersion
Trang 2Statistical measures
Center and
location
Variation/ Dispersion
- Coefficient of variation
Trang 3Part A Measures of center and
Trang 41 Arithmetic mean
The mean of a data set is the average of all the data values
Arithmetic mean of a data set is defined as
‘ the sum of the values’ divided by the
Trang 6 If a firm received orders worth:
£151, £155, £160, £90, £270 for five consecutive months, their average
value of orders per month would be calculated as:
Trang 7Limits of arithmetic
mean
Trang 82 Weighted mean
Simple frequency
distribution
Grouped frequency distribution
Trang 9Weighted mean of a simple
frequency distribution
Is the arithmetic mean appropriate
to a simple frequency distribution?
n
i i
x f x
Trang 10(x): Number of newspapers/magazines/journals a student read a week
(f): Number of students
Trang 11Weighted mean of a simple
Trang 12Weighted mean of a grouped frequency
distribution
Example: The following data relates
to the productivity of workers in a
15 25 30 35 28 17
Trang 13Weighted mean of a grouped frequency
i i
x f x
Trang 15Weighted mean of a grouped frequency
distribution
The average productivity (mean) of workers in the factory is:
Trang 16increase by 15%.
How many of them are likely to attend this Tuesday?
Trang 17 The number of students likely to attend this Tuesday
Proportional increase?
Proportional multiplier?
3 Geometric mean
Trang 19 A specialized measure, used to average proportional increases.
Trang 20- Step 2: Calculate the geometric
Trang 213 Geometric mean
- Step 2: Calculate the geometric
mean multiplier
(ii) Weighted geometric mean
multiplier: applied when each
proportional increase repeatedly
n i
n i
n
f
f
i i
Trang 22- Step 3: Subtract 1 from the gm
multiplier to obtain the average
Trang 23 The number of bankers of a small
bank over the period 2000-2006 is
presented in the table below:
Trang 25 The average proportional multiplier:
The average proportional increase in
the number of bankers over the period is:
Trang 271
(1 ) i i
n
f
f
i i
Trang 284 Harmonic mean
Read at home
Trang 29Characteristics of the
mean
Trang 305 Median
Median of a data set is the value of the item in the middle when the data items are arranged in ascending order.
The median is considered as an
alternative average to the mean
Example: The productivity of 5 workers (items/h): 20, 22, 24, 100, 22
Calculate the mean? What is the
problem?
Trang 32Median for a simple frequency distribution
Step 1: Find the middle item(s)
Step 2: Find the value(s) that
correspond to the middle item(s)
- For an even-number data set: 2m, the median is the average value of mth item and (m+1)th item
Trang 33Median for a simple frequency distribution
Step 2: Find the value(s) that
correspond to the middle item(s)
- For an odd-number data set: 2m+1, the median is the value of (m+1)th item
1
M x
Trang 35Median for a grouped frequency distribution
Step 1: Find the middle item(s)
Step 2: Find the class(es) containing the middle item(s)
Step 3: Estimating the median by
formula
Trang 36Lower limit of the median class
Cumulative frequency of class immediately prior to the median class Actual frequency of the median class Median class width
Trang 38Amount
of food per person
Middle items?
Median
class?
Trang 39Estimating the median
Trang 40Characteristics of the
median
Trang 42The mode of a simple frequency distribution
Mode is the value
which has the
Trang 43The mode of a grouped frequency distribution
1 0
Modal class width
Frequency of modal class
Frequency of the class immediately prior to the modal class
Frequency of the class immediately following to the modal class
Trang 45Modal class?
Amount
of food (kg/perso
n)
Number
of people
400-500 10 500-600 30 600-700 45 700-800 80 800-900 30 900-1000 5
Trang 46Estimate the Mode by the
formula
Trang 47Graphical estimation of
the mode
Trang 48Characteristics of the
mode
Trang 49Graphical comparison of mean,
median and mode
n
Mode
Trang 50 Moderately Skewed Left
0
Graphical comparison of mean,
median and mode
Mode
Medi an Mea
n
Trang 51 Moderately Right Skewed
0
Mean
Medi an
Mod e
Graphical comparison of mean,
median and mode
Trang 52 Highly Skewed Right
0
Graphical comparison of mean,
median and mode
Trang 537 Percentile and quartile
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