0% found this document useful (0 votes)
24 views

Statistics notes

The document discusses various statistical measures including the arithmetic mean, median, mode, geometric mean, and harmonic mean, along with their properties and applications. It also covers concepts such as variance, standard deviation, and correlation analysis, explaining how these measures relate to different types of data distributions. Additionally, it highlights the importance of these measures in analyzing and interpreting data trends and relationships.

Uploaded by

binnysteve248
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
24 views

Statistics notes

The document discusses various statistical measures including the arithmetic mean, median, mode, geometric mean, and harmonic mean, along with their properties and applications. It also covers concepts such as variance, standard deviation, and correlation analysis, explaining how these measures relate to different types of data distributions. Additionally, it highlights the importance of these measures in analyzing and interpreting data trends and relationships.

Uploaded by

binnysteve248
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 10

Aveaage)

Mathemateal Poastinal
GiM HM Medin Mode
AM

X= A+ ~d
Ahthmetio meen
() dicenet’=zfx | =A+ fd
Continunw’X= tX||X=A+ Zfd
= A+ Zfdxh

Comined AM.

Propetes ot AM
(x-)= 0 of quare of deralns
the kum M.
) (x-)’ LA miniu when taken om the A.
() 4 all the ottealin of a Reries are added,
dinide by a
Cortat,the mean aluo done the ame.
((Y) ßf al the arrages » A.M. is afeted leat
Weghted AM. = WX uctaatons of arling

W
in qualtotine type
of data

Indrdal eries :
(Median odd
(Ma)
dinat karies
Continuous: Md = Lt
l-lowt init of the median cas
h width of the median clas
C

the median ela precding


ot about driations of a giren
Aet ot oeation is mininu when tahen
median
in ae of teme ottematasn ike wegs, neome Qnd wealth

-Tndiwidual/ diest menium


MODE
Continuss : Mo= lt h (f-fo)
(Mo) 2f -fo-f2

unimodal cae M= Md = Mo

y* not afected by endnene oteritions

Rlatinhi Baween mean, media and mode

Mode= 3 Median - 2Mean in case of non- ymmebie

Mode = Median Mean i aue of ymmelric


non- hved
M>M d > Mo
’ Poitely Akeued dictittien ’
’ Mo> Md > M
Negardy ewed dithibution
|uomtie Mean GM=

|lo gGiM = l o gX
GM=

anenaginq nats prentags and


ratis of nerease ketureen tuo priods
Cotrution of inden numbr
Compeund ntret fomla : Py = +n|

arenage pheuntage grewth rati : lo0


h=0o+h) (100+2z)......((o+hn)|

weghtid gomtie G.M (W) = Artleg

H= H NN
Hamnic Mian z/x)
VAes: hamonic mean is hially ful
rates and ratios where
in artnagrg
is vaualle and the a t
tm fan ditance i cntant
being fomed

Ralati betivee AM,GM and HM : OAM > GM> HM

0G= AxH
notto he rucoemded
0 A.M. iu
disttutin ith eitieme
fruquny
end laes.
) Mein and Made whils dooling
idth oen end lae.
() Tn
In cae ot quaktatim data. , mdian is he crby
( Mode is et i
hite doing ith,
and ates
H.M. e he sed in conttng tial tye! ot
ratins hene tinne tetn i
vaialle
Pria-o

Lamng
G.M. italle
hats
imestret
tock inde Compunded.
grath ate (CAGR)
AM iA
) , sutate dtansti
wch
Dixteuior
MD SD Loeny cwrre
Ramge
Postonal meawes

Xmin
0 Rang = Xnay -
Xmax- Xmin
Cotticisnt ot ange
Xmax t Xmin

xeuatte Deiaton (QD): QD= 3


2

Coellicit of QD = Q-8,

Mean Deviatan o Aerage deriatior (M.D.)

M.D. (atout Mean) = x

M.D. (abut Me dian) = x- Mdl


M-D. (atout Mode)=

Lign is qneed
minimum uhen taten rm Median
atout median.

S.D.
meam
Standard deniatin (o)

* Standard deation is aluray% caleulaty atout A.M.


D MD SD 10 :1215

SD is the minimem value of the ot meam


Auare duviation.

Vaniance
VARIANCE
The aianee reaweshow tan et f
value.
numbers Aread out fom thuin
is the quae the tandard
The vaiance
deniation o. 2

riance o= x- w
() pofulation N

(2) foflatin s.S.D.

vaianee
(3) same
2
-)
Samtle S.D.
(4) Samfle

ton groufed data E(X-)p

Intinquatile nang
dered data ot pats.
fercentls dinide
Pth perentile (Pxnyth obsertion

25 50 75

(msdian)

Idoquani hange i
high and lou valed cBervton!
TQR eiminates Bome femaim. alues
and caleulte the nange
Pobolity disihoban
|S Kewnes
Paruon
Peais
lt meaur 2hd meauwe
|ouy maohupwl
mean- racd 3(meanmedi an)
S.D. S.D.

Mod hus Median sheumes

H1 HO
Lft skrd Symrnlie

ditibiton has
longr tail touand the niht is
1kewed amd i the tail
touands the aft Laid he

’ Potity shuued Mean > Median Modo


’ Myoindy keet : Mode Median Mean
Corulatit dralyis |
tuo vaiales ae Laid to he coneltd if th
vatialle heutti ontrding
chanq
change
in
in the Gthet vaiable

Types of Covelation

(a) Poitrt and negatie coelatin : i the ralues of


the to vriale deriate
’ the bame ditn potire coelaton

’ the otot diretm


diretun ’ ugalire ceelation

Coelatiom the coelstion


(b) Linuar and Non-linear
to aialles is aid to be limear
betuenthe n ore
to nit chang
there is contant chang in the
het variale. 22+3

Method
0 Seattin diagam method
() anl tearon's Cotficánt
Coficit ofof Corelation
u) Biriat Corelateon mothot
((v) Rank mithd
Concwet deriations motht
Kanl Peauon's Coticient of Corelaton
r= dx dy
dzx-x
Szdi.zdy dy= y-9
() -1441
0 ’ the riatles are uncorelatid
Viabes e Ptety coelatit

Rank Celition Method : ualitatine chanadtoistas

n(t-1)
hants ftatiny the ang)
Cono ranks

datominaton

= aplained vaniana
total rriance

You might also like