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Statistics Concepts and Calculations Guide

This document contains statistical formulas and definitions for calculating mean, median, variance, standard deviation, and coefficient of variation for both grouped and ungrouped data sets. It provides the formulas to calculate the mean, median, mean deviation, standard deviation, and variance for discrete and continuous frequency distributions as well as for grouped data. It also defines coefficient of variation and explains how to compare the variability between two data sets with the same mean.

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Manan Sharma
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0% found this document useful (0 votes)
34 views2 pages

Statistics Concepts and Calculations Guide

This document contains statistical formulas and definitions for calculating mean, median, variance, standard deviation, and coefficient of variation for both grouped and ungrouped data sets. It provides the formulas to calculate the mean, median, mean deviation, standard deviation, and variance for discrete and continuous frequency distributions as well as for grouped data. It also defines coefficient of variation and explains how to compare the variability between two data sets with the same mean.

Uploaded by

Manan Sharma
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

Keyy To Success – An I I T Alumnus Establishment 997-111-6074

STATISTICS
Mean Deviation Median(M) Mean Deviation
𝑀𝑒𝑎𝑛 𝑥̅ about Mean about Median
MD(𝑥̅ ) MD(M)
Sort the data
Ungrouped ∑ ∑| | If n is odd, Median = 𝑜𝑏𝑠. ∑| |
Data 𝑥̅ = MD(𝑥̅ ) = ( ) . ( ) .
MD(M)=
If n is even, Median =

Discrete
Frequency ∑𝑥 𝑓 ∑ | | If N is odd, M = 𝑜𝑏𝑠. from c.f. ∑ | |
Distribution 𝑥̅ = MD(𝑥̅ )= ∑
MD(M)= ∑
∑𝑓 ( ) . ( ) .
N even, M= from c.f.
∑𝑥 𝑓 Identify Median Class
𝑥̅ =
∑𝑓 . .
Continuous*
∑𝑑 𝑓 ∑ | | M=𝑙+ℎ∗ ∑ | |
Frequency MD(𝑥̅ )= MD(M)=
𝑥̅ = 𝐴 + ∑ ∑
Distribution ∑𝑓 l : Lower limit of Median Class
-Grouped ∑𝑢 𝑓 h: Width of median class
Data 𝑥̅ = 𝐴 + ℎ ∗ c.f.: Cumulative frequency of class
∑𝑓
preceding median class
f: frequency of median class
*If the given series is inclusive, then the first step always is to convert it to exclusive.

Prepared by : Praful Sir (B. Tech. IIT-Roorkee) Mobile : 997-111-6074


Keyy To Success – An I I T Alumnus Establishment 997-111-6074
STATISTICS
Variance 𝜎 Standard Deviation 𝜎 Short-cut Method

∑( ) ∑
Ungrouped Data 𝜎 = ∑(𝑥 − 𝑥) 𝜎 = − (𝑥̅ )
𝜎=
𝑛

Discrete Frequency ∑ ( ) ∑ ∑
Distribution 𝜎 = ∑ 𝑓 (𝑥 − 𝑥 ) 𝜎 = −
𝜎=
𝑁

Continuous* ℎ
𝜎 = {𝑁. ∑ 𝑓 𝑢 − (∑ 𝑓 𝑢 ) } 𝜎= 𝑁. 𝑓𝑢 − ( 𝑓𝑢 )
Frequency ( ) (𝑁)
Distribution NA
-Grouped Data

*If the given series is inclusive, then the first step always is to convert it to exclusive.

Coefficient of variation CV = ∗ 100 . 𝑇ℎ𝑒 𝑑𝑎𝑡𝑎 𝑤ℎ𝑜𝑠𝑒 𝐶𝑉 𝑖𝑠 ℎ𝑖𝑔ℎ𝑒𝑟 𝑖𝑠 𝑚𝑜𝑟𝑒 𝑣𝑎𝑟𝑖𝑎𝑏𝑙𝑒 𝑡ℎ𝑎𝑛 𝑡ℎ𝑒 𝑜𝑡ℎ𝑒𝑟

Comparison of 2 frequency distributions whose mean is same, = which means that the data having more SD is more variable

Prepared by : Praful Sir (B. Tech. IIT-Roorkee) Mobile : 997-111-6074

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