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Descriptive Statistics PDF

This document provides an introduction to descriptive statistics. Descriptive statistics involve collecting, presenting, and characterizing data, with the purpose of describing data. Key measures of descriptive statistics include measures of central tendency (e.g. mean, median, mode), measures of variability or dispersion (e.g. range, standard deviation), and graphs. Formulas are provided for calculating common descriptive statistics like the mean, median, mode, and standard deviation from both raw and grouped data.

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

Descriptive Statistics PDF

This document provides an introduction to descriptive statistics. Descriptive statistics involve collecting, presenting, and characterizing data, with the purpose of describing data. Key measures of descriptive statistics include measures of central tendency (e.g. mean, median, mode), measures of variability or dispersion (e.g. range, standard deviation), and graphs. Formulas are provided for calculating common descriptive statistics like the mean, median, mode, and standard deviation from both raw and grouped data.

Uploaded by

KARAN SINGH-MBA
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We take content rights seriously. If you suspect this is your content, claim it here.
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Introduction to Descriptive Statistics

By Dr. Manas Kumar Pal


Statistical Methods

Statistical Methods

Descriptive Inferential
Statistics Statistics
Descriptive Statistics

1. Involves
• Collecting Data
• Presenting Data
• Characterizing Data

2. Purpose
• Describe Data
Inferential Statistical

1. Involves
• Estimation
• Testing of Hypothesis

2. Purpose
• Make decisions about
population characteristics
Descriptive Statistics

LEARNING OUTCOMES

• Compute and interpret measures of center and


spread of data

• Construct and analyze graphical displays to


summarize
Types of Descriptive Statistics

 Measures of central tendency or location or Averages


 Measures of variability or dispersion
 Graphs (measures of skewness & kurtosis)
Graphs

representations of data enabling the researcher to see


what the distribution of scores look like

graphic vs. numeric

 graphic may be better for visualization

 numeric are better for statistical/inferential purposes


Skewness (Lack of symmetry)
5

4 right
(positive) skew
3
X

0
0.0 0.2 0.4 0.6 0.8 1.0 1.2
5
D

4 left
(negative) skew
3
X

0
0.0 0.2 0.4 0.6 0.8 1.0 1.2
D
Kurtosis (Peakedness or Flatness)

Leptokurtic  Mesokurtic (Normal)  Platykurtic


Measures of Central Tendency

These are computed to give a “center” around which the


measurements in the data are distributed.

These are constant which concentrates to the central


part of the distribution

 Arithmetic mean or Mean


 Geometric Mean Mathematical
 Harmonic Mean average

 Median
Positional average
 Mode
Mathematical Average
Arithmetic mean

Sum of all measurements divided by the number of


measurements.
Use- For quantitative data

Geometric mean
Use- To find growth rate,
For construction of index number

Harmonic mean

Use- To find average speed


Positional Average

Median
the point in a distribution above and below which are 50% of the
scores
Use- Qualitative data

Mode

the score attained by more participants


Use- Business forecasting
Working Formulae
Measure Raw data Grouped data
s
Mean 

x

x
 fx  fx

x
n f N
 N 
Median (n  1)  (  C.F ) 
Q2  th observation, Q2  l   2
 f
h

2 



' n' is odd where l  lower lim it of median class
N  Total frequency
( n) (n  1)
Q2  th or th observation, C.F  Cumulative frequency just preceeding the
2 2 median class
' n' is even f  frequency of the median class
h  width of the median class

 ( f m  f1 ) 
Mode M 0  Highest ocuurence M 0  l   h
 m
2 f  f 1  f 2 

where l  lower lim it of mod al class


f m  frequency of the mod al class
f 1 and f 2  frequencie s just preceeding
and succeeding the mod al class
h  width of the mod al class
Working Formula

Measures Raw data

Weighted Mean 
X
 wx
, where w  weights
w
Combined Mean   
 n1 x1  n2 x2  ......  nk xk
X 
n1  n2  ......  nk
Points to remember
• When the Mean is greater than the Median the data distribution
is skewed to the Right.

• When the Median is greater than the Mean the data distribution
is skewed to the Left.

• When Mean and Median are very close to each other the data
distribution is approximately symmetric.

• Empirical relationship between mean, median & mode


Mean-Mode=3(Mean-Median)

• Relationship between Arithmetic mean(A.M), Geometric


mean(G.M) & Harmonic mean(H.M)
A.M≥G.M≥H.M
Measures of Dispersion
Measures of Dispersion...

Tells about the heterogeneity or homogeneity of


the distribution.
Measures of Dispersion…

 Range
 Quartile deviation
 Mean deviation
 Standard deviation
Range
Difference between two extreme values (H-L)
Use- Share Price , weather forecast
Quartile deviation
One half of the difference between the inter quartile
(Upper quartile – lower quartile)

Q.D= Q3  Q1 
1
2
Where  3N   N 
 (  C .F )   (  C.F ) 
Q3  l   4 h Q1  l   4 h


f 
  f 
 
   
Mean deviation

1 
Mean deviation taken from mean   x  x
n
For raw data
1 
  f xx
N
For grouped data
Standard deviation  
It is the positive square root of the deviation taken from
arithmetic mean

 

2
1   2
  1  x  
S tan dard deviation   
n 
 x  x 

 
 n
 x 2
  
 n  
   
For raw data
 

2
1   2
  1  fx  

N
 f 

x  x 

 
 N
 fx 2
 
 N  

   
For grouped data
Variance 
2

It is the square of the deviation taken from arithmetic


mean

 
 
2
1   2
  x 
Variance    x  x     x 2  
1
n   n n  
   
For raw data
 
 
2
  2
  fx 
  f  x  x     fx 2  
1 1
N   N N  
   
For grouped data
Coefficient of variation(C.V)

Used to find out efficiency of the distribution

 
(C.V ) 100   
 
x

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