Scribd
Upload
302 views

CCP303

The document discusses calculating standard deviation from individual data series in two ways: 1. By taking deviations from the actual mean. The standard deviation formula is the square root of the sum of the squared deviations divided by the number of items. 2. By taking deviations from an assumed mean. The standard deviation formula is the square root of the sum of squared deviations minus the squared sum of deviations divided by the number of items, all over the number of items. Examples are provided to demonstrate calculating standard deviation using both methods on data sets of wages, incomes, and marks. Quizzes and assignments are included to reinforce the concepts.

Uploaded by

api-3849444
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
302 views

CCP303

The document discusses calculating standard deviation from individual data series in two ways: 1. By taking deviations from the actual mean. The standard deviation formula is the square root of the sum of the squared deviations divided by the number of items. 2. By taking deviations from an assumed mean. The standard deviation formula is the square root of the sum of squared deviations minus the squared sum of deviations divided by the number of items, all over the number of items. Examples are provided to demonstrate calculating standard deviation using both methods on data sets of wages, incomes, and marks. Quizzes and assignments are included to reinforce the concepts.

Uploaded by

api-3849444
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
You are on page 1/ 23

DEPARTMENT OF TECHNICAL EDUCATION

ANDHRA PRADESH
Name : A.KRISHNA KUMAR
Designation : Sr. Lecturer
Branch : Commercial & Computer Practice
Institute : GPW ,Suryapet, Nalgonda dist.
Year/Semester : III Semester
Subject : Quantitative Techniques-1
Subject Code : CCP-303
Topic : Standard Deviation
Duration : 50 min.
Sub Topic : Calculation of Standard Deviation – Individual
Series
Teaching Aids : PPT.
CCP303.64 1
Objectives
On completion of this period, the student would be
able to:
 Calculate Standard Deviation - Individual
series:
 Deviations from Actual Mean
 Deviations from Assumed Mean

CCP303.64 2
Recap
 SD introduced by Prof. Karl Pearson in 1823.
 It is the “square root of the mean of the squared
deviations from the Arithmetic Mean.”
 Standard Deviation is denoted by the small Greek
letter σ (called Sigma).
 Best measure of variation – based on every item of
series

CCP303.64 3
Standard Deviation –
Individual series

Different methods
 By taking deviations of the items from the
Actual Mean
 By taking deviations of the items from the
Assumed Mean

CCP303.64 4
I. DEVIATIONS FROM ACTUAL MEAN

STEPS:
 First, calculate AM of Series
 Take deviations of items from AM and denote them
‘x’
 Square the deviations and total them - ∑ x2
 Divide ∑ x2 by total no. of items (N) and find square
root
 Apply formula (given in next slide)

CCP303.64 5
FORMULA OF SD

 x 2

N
Where ∑x2 = Sum of the squares of the deviations taken

from AM
N = Number of items

CCP303.64 6
Example 1:

1) Compute Standard Deviation from the following


data of wages of 10 workers of a firm by (i)
taking deviation from actual mean
Wages (Rs): 1200, 1000, 1600, 1000, 2200,

1300, 1500, 1700, 1500, 2000.

CCP303.64 7
Solution to Ex.1:

(i) Computation of standard deviation (taking the


deviations from AM).
Wages (X) X = (X-X) x2
1200 -300 90000
1000 -500 250000
1600 +100 10000
1000 -500 250000
2200 +700 490000
1300 -200 40000
1500 0 0
1700 +200 40000
1500 0 0
2000 +500 250000
∑X =15000 ∑x=0 ∑ x2
CCP303.64 =1420000 8
Solution Contd

X = ∑X / N = 15000 / 10 = 1500
_______
σ = √ ∑ x2 / N

Where ∑ x2 = 1420000, N = 10
___________ _______
= √ 1420000 / 10 = √142000 = 376.828

CCP303.64 9
Example 2

1.Compute standard deviation from the following


data of Income of 6 employees of a firm by (i)
taking standard deviation from actual mean
Income : 42, 77, 83, 59, 68, 61

CCP303.64 10
Solution to Ex.2

Calculation of Standard Deviation – Actual Mean

Income x x2
42 -23 529
77 +12 144
83 +18 324
59 -06 36
68 +03 9
61 -04 16
∑X =390 ∑x2=1058

CCP303.64 11
Solution Contd..

x
 X

390
 65
N 6

  x 2


1058
N 6
 176.33
 13.27
CCP303.64 12
2. Deviations from assumed mean

STEPS :
 Take deviations from assumed mean, denote
the deviation as ‘ d ‘ and total them = ∑d.
 Square these deviations and total them = ∑d2
 Apply the formula.

CCP303.64 13
SD – ASSUMED MEAN - FORMULA

σ = √ ∑d2 / N – ( ∑d / N ) 2

Where ∑d2 = Total of squares of deviation from


assumed mean
∑d = Total of deviations from assumed mean.
N = Total number of items

CCP303.64 14
Example 3

Compute standard deviation from the following data of


wages of 10 workers of a firm by (ii) taking deviation
from assumed mean 1400.

Wages (Rs): 1200, 1000, 1600, 1000, 2200, 1300,


1500,1700, 1500, 2000.

CCP303.64 15
Solution to Ex. 3
Calculation of Standard Deviation – Assumed Mean

Wages (X) d = (X-A) d2


1200 -200 40000
1000 -400 160000
1600 200 40000
1000 -400 160000
2200 800 640000
1300 -100 10000
1500 100 10000
1700 300 90000
1500 100 10000
2000 600 360000

N =10 ∑d=1000 ∑ d2 =1520000

CCP303.64 16
Solution contd

d  d 
2
2

  
N  N 

2
1520000  1000 
  
10  10 
  152000  10000  142000
  376.828
CCP303.64 17
Summary

 Standard Deviation - Individual Series


 by taking deviations from actual mean
 by taking deviations from assumed mean
 The problem can be solved in any method. But the
answer will be the same

CCP303.64 18
Quiz

1. Standard deviation is a/an


a) Absolute measure
b) Relative measure
c) None of the above

CCP303.64 19
Quiz
1. What is the formula of Std. Deviation in Individual
Series (if we take deviations from Actual Mean) ?

Formula of Std. Deviation is

 x 2

CCP303.64 20
Quiz

1. What is the formula of Std. Deviation in Individual


Series (if we take deviations from Assumed
Mean) ?

d  d 
2
2

  
N  N 

CCP303.64 21
Frequently Asked Questions

1. Calculate standard deviation from the following


25,22,28,26,35,20,22,40,2,018,19,25
( Ans 6.4)
4. Calculate the standard deviation from the
following observations
240.12, 240.13, 240.15, 240.12, 240.17, 240.15,
240.17, 240.16, 240.22, 240.21.
(Ans
0.03256)

CCP303.64 22
Assignment

1. Find standard deviation from the following :


10, 12, 14, 16, 18, 20, 22, 24, 26, 28
2. Calculate standard deviation from the following
marks of the students
Marks : 43, 48, 65, 57, 31, 60, 37, 48, 78, 58

CCP303.64 23

You might also like