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CHAPTER 2 Flowchart

The document outlines the measures of central tendency, including mean, median, and mode, along with their formulas for individual, frequency, grouped, and weighted data. It also highlights key points to remember about these measures, such as their relationships and the effects of changes in origin and scale. The information is structured in a flowchart format for clarity and ease of understanding.

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24 views1 page

CHAPTER 2 Flowchart

The document outlines the measures of central tendency, including mean, median, and mode, along with their formulas for individual, frequency, grouped, and weighted data. It also highlights key points to remember about these measures, such as their relationships and the effects of changes in origin and scale. The information is structured in a flowchart format for clarity and ease of understanding.

Uploaded by

cricketflex6
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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TOTALE’S COMMERCE ACADEMY, NASHIK

Measures of Central Tendency - Flowchart


Measures

Type of Data Mean Median Mode

AM GM HM

∑x N 𝑻𝒉𝒆 𝒗𝒂𝒍𝒖𝒆 𝒘𝒉𝒊𝒄𝒉 𝒉𝒂𝒔


Individual X= GM = x1. x2. x3……. xn. 1/n
HM = 1 1 1 1 N+1 th
n + + + …….+
X1 X2 X3 XN Median = term 𝒎𝒂𝒙𝒊𝒎𝒖𝒎 𝒓𝒆𝒑𝒊𝒕𝒂𝒕𝒊𝒐𝒏𝒔
2

Value with ∑f. x ∑f th


fm − f1
X= 1/∑f HM = N+1 Mode = L + ×i
Frequency ∑f GM = x1f1 . x2f2 . x3f3 . x4f4 … … xnfn f1 f2 f3 f
+ + + …….+ N Median = Value of term 2fm − f1 − f2
X1 X2 X3 XN
2

∑f. m HM =
∑f N/2 − C
Grouped X= GM = m1f1 . mf2 f3 f4 fn 1/∑f f1 f f f Median = L + ×i
2 . m3 . m4 … … mn + 2 + 3 + …….+ n f
Data ∑f m1 m2 m3 mn

Short Cut ∑f. d′


Method X= ×𝐶 +𝐴
∑f

Weighted ∑w. x ∑w. logx ∑w


X= X= X= w
Data ∑w ∑w ∑x

Points to remember : 1. Measures of central tendency are affected by Change of Origin as well as by Change of Scale. 2. When the data is given with Uniform Unit, always calculate the
average with HM. 3. AM ≥ GM ≥ HM and AM × HM = GM 2 4. For a set of observation values , the sum of absolute deviations is minimum when the deviations are taken from the
median.

CA FOUNDATION QUANTITATIVE APPTITUDE - SECTION C - STATISTICS Page 1

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