This document discusses measures of dispersion for data sets, including range, variance, and standard deviation. It provides examples of calculating each measure and explains that standard deviation is the most useful measure as it considers how far all values are from the mean. The document concludes with an example where standard deviations are calculated to determine which company's batteries have the most consistent hours of use.
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STATISTICS Part 3
This document discusses measures of dispersion for data sets, including range, variance, and standard deviation. It provides examples of calculating each measure and explains that standard deviation is the most useful measure as it considers how far all values are from the mean. The document concludes with an example where standard deviations are calculated to determine which company's batteries have the most consistent hours of use.
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PROBABILITY AND STATISTICS
MEASURES OF DISPERSIONS MEASURES OF DISPERSIONS
• A measures of variability of a set of
data ia number that conveys the idea of the spread for the data set. Range Standard deviation Variation RANGE
• The range measures the distance between the largest
and the smallest values and as such gives an idea of the spread of data set. However the range does not use the concept of deviation. It is affected by outliers but does not consider all values in the data set. Thus it is a not a very useful measure of variability.
Range (R) = highest value - lowest value
EXAMPLE: FIND THE RANGE
• Find the range of the numbers of ounces dispensed by
square of the standard deviation of the data. Variance of the population
Variance of the sample
THE STANDARD DEVIATION
• The standard deviation is a measure of how spread out
numbers are. Procedures for Computing a Standard Deviation
1. Determine the mean of the n numbers.
2. For each number, calculate the deviation (difference) between the number and the mean of the numbers. 3. Calculate the square of each deviation and find the sum of these squared deviations. 4. If the data is a Population, then divide the sum by n.If the data is a sample, then divide the sum by n-1. 5. Find the square root of the quotient in step 4. Find the Variance and Standard Deviation
• The following numbers were obtained by sampling a
population. 2, 4, 7, 12, 15. USE STANDARD DEVIATIONS
• A consumer group has tested a sample of
8 size - D batteries from each of 3 companies. The results of the tests are shown in the following table. according to these tests, which company produces batteries for which values representing hours of constant use have the smallest standard deviation? COMPANY HOURS OF CONSTANT USE PER BATTERY
the smallest standard diveation. According to these results, the Dependable company produces the most consistent batteries with regards to life expectancy under constant use