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Topic 2
MEASURES OF DATA
Parameter and Statistic
Measures of Central Tendency
Measures of Variation
Chebyshevs Theorem
Z-scores
Parameter and Statistic
A measure computed on the basis
of data obtained from a sample is
termed a statistic.
A parameter is a measure
computed on the basis of data
obtained from an entire population.
The sample statistic is
presumed to be an estimate
of the population parameter.
Example
MEAN
MEDIAN
MODE
FOR UNGROUPED DATA(< 30 values)
MEAN (Arithmetic)
i
x
X i 1
N
Example
If the scores fall toward the higher side of the scale and there
are very few low scores.
Positive Skew
If the scores fall toward the lower side of the scale and there are very few
higher scores.
Skewed Mean and Median
MEDIAN
Measure of
Mean X
Median md Md
Mode mo Mo
Problem:
x i
X i 1
n
48 47 42 42 41 34 31 30 29 29 29 26
X
12
X 35.67
Computing for the MEDIAN:
34 + 31
md =
2
md 32.5
Computing for the MODE:
mo = 29
Variability
Variability
A measure of the spread of a data set.
A measure of dispersion of
about the mean. It describes how
the observations spread out along
the scale of distribution.
Measures of Variability
Range
Variance
Standard Deviation
FOR UNGROUPED DATA(< 30 values)
RANGE
The range of a set of data is
the difference between the
largest and smallest number in
the set.
R = xH - xL
Example:
= 19
VARIANCE
variance, 2
(x
i 1
i ) 2
N
For a sample, n
i
( x x ) 2
variance, s
2 i 1
n 1
Example:
For Set A:
N
( xi ) 2
9
x 8
2
i
2 i 1
i 1
N 9
5 4 3 2 0 1 2 4 7
2 2 2 2 2 2 2 2 2
9
124
9
STANDARD DEVIATION
R = 20 - 8 = 12
Computing for the MEAN:
n
x i
i 1
n
20 19 18 16 15 14 13 12 8
9
15
Computing for the variance: ( 15)
Xi Xi - (Xi - )2
20 5 25
19 4 16
18 3 9
16 1 1
15 0 0
14 -1 1
13 -2 4
12 -3 9
8 -7 49
(x i ) 2
2 i 1
N
2
114
=
9
2
=12.67
Computing for the Standard Deviation:
12.67
2
2
12 .67
It is the square root of
the variance. 3.56
Chebyshevs
Theorem
A Russian mathematician
Pafnuty Lvovich Chebyshev
discovered that the fraction of the
measurements falling between any
two values symmetric about the mean
is related to the standard deviation.
Chebyshevs Theorem
Chebyshevs Theorem
Interval = x +- ks
Problem 1:
Interval = x ks
7.0 = 5.8 + k(0.6)
k(0.6) = 1.2
k = 2
75%
1 1 3
1 2 1 2
k 2 4
Problem 2
Empirical Rule
They are:
the standard score, Z
the coefficient of variation,V
Standard Score
x
z
Coefficient of Variation
s
V 100 %
x
OR
V 100%
Problem:
An automobile
salesman made a SALE
profit of $245 on a
subcompact model
for which the
average profit has
been $200 with a
standard deviation
of $50.
Later on the same
day, he made a
profit of $620 on a
large luxury model
for which the
average profit has
been $500 with a
standard deviation
of $150.
For which of these
two models is the
salesman's profit
relatively higher?
x
Solution: z