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Test 1 Formula Sheet STAT1012

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Vishal Agrawal
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28 views2 pages

Test 1 Formula Sheet STAT1012

Uploaded by

Vishal Agrawal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Formula Sheet for Test 1 Stat 1012

2 to the k rule: The smallest number (𝑘) is suggested for the number of classes such that 2! is greater than the number of
𝐥𝐧 𝒏 𝐌𝐚𝐱(𝑴𝐢𝐧
observations (𝑛). 𝒌 = #𝐥𝐧 𝟐$ ; the width of the class 𝒘 = # $
𝒌

Geometric Mean Percent Change. 𝑟" , 𝑟# , 𝑟$ , … , 𝑟% are the percent change per period, 𝑛 is the number of periods
𝟏
𝑮𝑴 = )(𝟏 + 𝒓𝟏 )(𝟏 + 𝒓𝟐 )(𝟏 + 𝒓𝟑 ) … (𝟏 + 𝒓𝒏 )0𝒏 − 𝟏

𝟏
𝐕𝐚𝐥𝐮𝐞 𝐚𝐭 𝐭𝐡𝐞 𝐞𝐧𝐝 𝐨𝐟 𝐭𝐡𝐞 𝐩𝐞𝐫𝐢𝐨𝐝 𝒏
𝑮𝑴 = 2 D −𝟏
𝐕𝐚𝐥𝐮𝐞 𝐚𝐭 𝐭𝐡𝐞 𝐛𝐞𝐠𝐢𝐧𝐧𝐢𝐧𝐠 𝐨𝐟 𝐭𝐡𝐞 𝐩𝐞𝐫𝐢𝐨𝐝

𝟏
The median is the value of the data which is located at the position: 𝒊 = 𝟐 (𝒏)
∑|#$#̅ |
Range= 𝐌𝐚𝐱 − 𝐌𝐢𝐧; Mean Deviation 𝑀𝐷 = 𝑵
,
∑(𝑿$𝝁)𝟐
Population Variance is 𝝈𝟐 = 𝑵
,

Population Standard Deviation


Where σ2 is called sigma squared, it is population variance.
µ is the arithmetic mean of the population,
X is the value of an observation,
N is the number of the population observations

Sample Variance

Sample Standard Deviation

Where:
s2 is the sample variance and s is the sample standard deviation;
X is the value of each observation in the sample;
n is the number of observations in the sample
Arithmetic Mean of Grouped Data: H = ∑ 𝒇𝑿
𝑿
𝒏
Where:
𝑋 is the midpoint of each class.
𝑓 is the class frequency.
𝑛 is the total number of sample observations

Median of Grouped Data:


Where:
𝐿 is the lower limit of the median class,
𝑁 is the size of the population,
𝑓 is the frequency of the median class,
𝑖 is the class width of the median class,

is the cumulative frequencies up to but excluding the median class

𝟐
∑ 𝒇𝑿 $ 𝟐 (∑ 𝒇𝑿)
Standard Deviation of Grouped Data 𝑠 = - 𝒏$𝟏
𝒏

Where:
s is the symbol for the sample standard deviation;
𝑋 is the midpoint of each class.
f is the class frequency.
n is the total number of sample observations

(
∑ /0 ( $(∑ )*)
Population Standard Deviation of Grouped Data 𝜎 = - 1
+

Where:
𝜎 is the symbol for the population standard deviation.
𝑋 is the midpoint of each class.
f is the class frequency.
N is the population size

2
Coefficient Variation 𝐶𝑉 = #̅ (100%)

𝒌
Pth Percentile is the value of the data which is located at the position: 𝒊 = 𝟏𝟎𝟎 (𝒏)

Quartiles: .

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