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Measures of Central Tendency

Quantitative techiniques

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0% found this document useful (0 votes)
13 views11 pages

Measures of Central Tendency

Quantitative techiniques

Uploaded by

sreejith32005
Copyright
© © All Rights Reserved
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Measures OF CentRAL TENOENCY T: ARITHMETIC AVERAGE OF MEANT Asfimet?c Mean 2s supposed to be the most popular and commen type of all the deal avernges cited above. Its Value ub obtained by Adding together alt the values of a vastable and dividing I+ 2y the Hotal mumber of tkems- An axtihemettc average may be deffned a2 ""the quotfent obtcined by ALLeling the total f the values f a vosiahe by the dotal number ¢ Hels odservotiens ey thems * T:_INDivipval SERIES > 4+ Direct MetHon 5 We. EX Sram of observation v No- of observatton Q- SHORT-CUT- METHOD 5 X= A+ Sd N A= Asswmed Mean d= XA TT’ Discrete SERIES ; 4. DIRECT METHOD 3 X= Sfx fz frequency N v Total of Frequency Q- SHORT- cvT MetHoD s X= A+ Sfd N di X-A N= Total. no - of frequency eS CONTINUOUS SERIES 5 4. DiRect Metwop; %= ZFx KX At Shh 2- SHORT-CUT METHOD 5 N s : 3. STEP- DEVIATION METHOD; X= A+ eae c- common factor = Nz Total frequency =F eq3 Less thn to | a : One 4 less han 20 | KS E 10-29 | (28 Cie-M) Tempe zo) (Gey) | 20-30 | 24 Cuo-t6) Leshan yo | ») i 30-4o | 36 (6-40) * CUMULATIVE - Mote than 3 eq; Atove 0 | 675 ' 9-10 Iso Ceis-025).! Above 10 |} 625 | 10-20 45 (eas-ssoy/ Above 20 ;5880 { 20430 {100 €550~450)! Above 30 {480 : 40-40 t * Incwsive Series 5 Ie Upper Umit C4 iors) - Lower Umiv Cand tabs). x eg: g denoted 00 x 2+ Less lowe Umit — Add Upper Gimnit + x © REDMI NOTE 8 Al QUAD CAMERA Y-05 = 6405 2 35-65 4-05 +4405 = 65-45 COMBINED MEAN’ SOMBINED MEAN’ Ke Ni ENE Xs, we NitNy Kaz Combined Mean N= No- of thems = Asithmettc Heam Correction IN MeAN ; Correct Ex= Incorrect EX- Incowect tem + Correct tem (ovvect X = (ovvect 2X N- No. of items Wetauteo ARITHMETIC AVERAGE 5 = Wx zw X- Size of item oR Value of He vasiable Ww Wefght- TE GEOMETRIC MEAN Geomedtxic Mean io obtained ty multiplying the values ¢ the thems together and then taking to fts xoot covvetpending so the number of ttems- If theta ore two ttems, we take tts product ond then the square xoat this product will be the Geometric mean + teometric Mean defined as “the nl™ sock of the produd fn non- nregattve values”. Dencted by G-M T- Inditdual series G-M= Antilog [eeu] TL: Otcrete Sevies GMs Antilog [zecoux] N v Total of frequencies IIL: Cortfnuous Serves + G-M= Antilog (eer N I- HARMoNIc MEAN Hoxmonic Mean 18 defined as “* the aecipaocal of the avithmetic average Of the xeciprocale 4 He values 4 various tem. it a mathemattiad avctage T- Indgtduot sexies ; Notes To calculate speed, use Harmonte Mean | Hatem 2 [4] TI: Discrete Sertes ; HM = N 2t- [4] Tl: Gntinuoys Sertes s | HM WW + MEDIAN Median % a posttional avexage -If a qsoup of N obsewations Jp xxanged tn ascending ey cdeconding ovdey of Magnitude , then the Middle vatue %s called meclfan of there obsewatfn and & denoted by M Medan ub deftred as‘ The median wb He value ¢ the voxfable which divides the group th to two equal pats , ene port computing ¢ aff values greater and the other atl values Jess Han the medion” 4- Individual geates ; * Axtange ta ascending oR deseending Median CM) = Vatue of [MEI] tem 2 N= No- of observation eqn seo) 7 tec = © gy Hem = 4 *%em+ 0.4 [toliten - a tem] © G:G' tem = OM item +06 [8 tem - 6 tem] 2- Discrete Seites 5 + Arvange th ascending of descending Medfon (H)= Value of ee Hem * obtain cf (cumulative Tequency) @ Weck ef equal to ey) oR next fighey —> corresponding to Variable 2 3- (Continvous Sertes $ ls Copute Value of [s] +h tem, Me bit Y-cF xe Ly = ower Rimit of Medton clons Ne Teel Requeny Es ch preceeding the medfan doas = frequency of median Clans > eee WZ PARTITION VALUES [Quaitiles, Dedles. Percentiles] The values which divide fe sextes tto a number of equal posts are calted he postition Values . Median, quartiles, dedies, peranttles etc axe the tmpertant partition values: these values clo not ody proufd e & measure of centyal tendency bus are ofso usefiul tn cone of diopercion and skewness. Quarrines 5 The value which divide iRe qiven distvibution tnto +to y equal parts are known are quartfles there ave 3 qrastiles namely @,.4,> Q3 Q,= 4* quantile Baz 3°4 quartile 4+ Indiitdual Sertes 3 — Aoaarge th ancending on descending g)= Value of ce tem 4 Value of 3(NH)* them 4 2: Disevete Sertes 5 Same os Inditdual serves 5 obtain cf 3+ Continuous Series 5 q, + Value 20N)* tem g Qyz tit OD -cf xo + Deciles divtde the Sextes fnto ten equal pasts. Obviounty there are tiem Opa Oss Og such Hat D,» obtain cf Arrange tn ascending | Decoxnsding 3- Conttntoun Series 5 = Value of [Ni] tem 4 (a N De Lit woo xe dy= Value of 2(N) * item dq= Value of q CNT tem 10 Dye bt UB. cf xe £ - PERCENTILES 5 Pencentiles divide 4Re sextes tnto too equal parts - Obviounly there are 92 percentiles 2P,>P;--- Re such Mot P Peg = Value of 6oCNHD™® tem Too ae ee Pag= Value of 49 (niet) tem ro g. Continuous Sexes ; P, = Value of fy’ per co 3 tye? Plemea + cos xe e Py = Value of 2.(1N) # item 100 3 20N) _ of Se rooted iC Pyot Value of Yo (W)® them 108 = tyt WON) of Pyos bit OLN xe a <---> Peot Value of 60.(N)* ttem 108 Pooz tit SOCN) _ of ii The wosd. mode is destved fuom the the Faench Language “La Mode” which means Fasten The value 4 the vastabsle fox which the frequency 43 moctmum B called Mode ox Modal Value and & denoted 4y 2 Mode mai Be defined ar the value that eccurs most frequently fn a shokistteal disdatbution - Axound th’ value. tel & igh concentration 4 vatues - * dsxange the values ‘nm ascending oy descending evder + the value ccouring masimum ‘tems + If all terms occur ence ox some term occur equal ne tems o Mode(zy< tit fi-fo xc af, - fo- fa, Lys Mowe Umit La = Upper Remit 4, = Frequency of He mmecet cans fo: Frequereyy presceding REDMINOTE8 EIU ST 4) | $4(3)| 6209 si yng? paatagy ("82 Leaving tinee [Adding 3 | adding 3 ol Total ee Mark “x. Highest value of each ; NOTE 5 4+ if Mede ts Bir medal on fll deftned 4 Mode €2)= 3 Hedian - 2 Mean

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