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Lesson 6 Measures of Relative Dispersion Power Point

This document discusses measures of relative dispersion, including the coefficient of variation and skewness. It defines the coefficient of variation as the standard deviation expressed as a percentage of the mean, and provides a formula to calculate it for both ungrouped and grouped data. It then defines skewness as a measure of the lack of symmetry in a distribution, and provides formulas and examples of positively and negatively skewed distributions. Finally, it discusses kurtosis as a measure of the peakedness of a distribution, defining leptokurtic, platykurtic, and mesokurtic distributions.

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Joyce Laru-an
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49 views8 pages

Lesson 6 Measures of Relative Dispersion Power Point

This document discusses measures of relative dispersion, including the coefficient of variation and skewness. It defines the coefficient of variation as the standard deviation expressed as a percentage of the mean, and provides a formula to calculate it for both ungrouped and grouped data. It then defines skewness as a measure of the lack of symmetry in a distribution, and provides formulas and examples of positively and negatively skewed distributions. Finally, it discusses kurtosis as a measure of the peakedness of a distribution, defining leptokurtic, platykurtic, and mesokurtic distributions.

Uploaded by

Joyce Laru-an
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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LESSON 6:

MEASURES OF RELATIVE
DISPERSION
Interpret the value of one dataset as compared to the other data set in terms of variability.

A. Coefficient of Variation
The coefficient of variation is also known as relative dispersion ; it is used to express the
standard deviation as a percentage of the mean. To compare two distributions with different
means and standard deviations, the computed coefficient of variation is in terms of
percentage.

 Coefficient of Variation of Ungrouped Data

Formula:
CV = s / x̄ (100)

Where: CV = coefficient of variations


s = standard deviation
x̄ = mean
 Example:

Department store A has a mean weekly sales of 340 bags with a


standard deviation of 12. Department B has a mean weekly sales of
550 bags with standard deviation of 15. Which store has the greater
variability within their weekly sales?

Dept A = CV = s / x̄ (100) = 12 / 340 x 100 = 3.5 %

Dept B = CV = s / x̄ (100) = 15 / 550 x 100 = 2.7 %

Department A has the greater variation.


 Coefficient of Variation of Grouped Data

Formula :

CV = s / x̄ (100)

Where: CV = coefficient of variations

s = standard deviation

x̄ = mean
A. Coefficient of Skewness Ungrouped and Grouped Data
Skewness refers to the measure of the lack of symmetry of a distribution. The distribution is
said to be skewed when the spread of the measurements is greater on one side that on the
other side of the point of central tendency.

Types :
1. Normal Distribution or Symmetrical
 Mean = Median = Mode
 Bell-shaped curved
 Sk = 0

2. Positively Skewed
 Mean is greater than median and mode
 Skewed to the right
 Sk > 0
3. Negatively Skewed or Skewed to the left
 Mean is less than median and mode
 Skewed to the left
 Sk > 0

Formula:

Sk = 3 ( Mean - Median )
s
where : sk = skewness
s = standard deviation
Kurtosis is the measure of the degree of peakedness or flatness of a
distribution.

Types of Kurtosis
 Leptokurtosis or tall distributions involve unusually large number of
scores or values at the center of the distribution. It is more peaked than
the normal curve since the scores are concentrated within a very narrow
interval at the center. Its tails are high and long.

Kurtosis is higher than 3.


 Platykurtic distributions have flat distributions. The values or scores
are distributed over a wider range about the center making the hump
of the curve flat. It is flatter than the normal distribution. It tails are
short.

Kurtosis is less than 3.

 Mesokurtic distributions refer to the normal or symmetrical


distributions. The values or scores are moderately distributed about
the center of the distribution. It is neither too flat nor too peaked.

Kurtosis is equal to 3 or normal.

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