Stats Lecture 03. Summarizing of Data - New
Stats Lecture 03. Summarizing of Data - New
2
Mean
X
X X X X ... X
1 2 3 n
n n
57 86 42 38 90 66
6
379
6
63.167
4
The Median
6,000,10,000,14,000,50,000,10,000
It should be noted that there can be more than one mode for
a data set.
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Measures of Variation
9
Measures of Variability:
10
Range
The difference between the largest 44 45
35 41
and the smallest values in a set of data
Simple to compute 37 41 44 46
Ignores all data points except
the two extremes. Example: 37 43 44 46
40 43 44 46
The range is quick to compute but fails
to be very useful since it considers only
the extreme values and does not take 40 43 45 48
into consideration the bulk of the
observations. It is not widely used. 11
Sample Variance
X X X X X X
X
2
2
2
2,398 625 390,625 S
1,844 71 5,041 n1
1,539 -234 54,756 6 6 3 ,8 6 6
1,311 -462 213,444
7,092 0 663,866 3
2 2 1 , 2 8 8 .6 7
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Sample Standard Deviation
X X
2
2
S
X X X X X
2
n1
6 6 3 ,8 6 6
2,398 625 390,625
3
1,844 71 5,041
1,539 -234 54,756 2 2 1 , 2 8 8 .6 7
1,311 -462 213,444 S
2
7,092 0 663,866
S
2 2 1 , 2 8 8 .6 7
4 7 0 .4 1
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EXAMPLE. Find the standard deviation of the average temperatures
recorded over a five-day period last winter: 18, 22, 19, 25, 12
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Coefficient of variation
It is a dimensionless measure of the relative variation.
– Constructed by dividing the standard deviation by the
mean and multiplying by 100.
CV = (s/x) (100)
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Coefficient of variation
• Used to compare the variability in one data set with
that in another when a direct comparison of
standard deviation is not appropriate.
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Coefficient of variation
Adults Children
SD 10lbs 10lbs
CV 6.9% 12.5%
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• Example: Two plants C and D of a factory show the
following results about the number of workers and the
wages paid to them.