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Averages and Variation

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23 diapositives · 268 Views · Jan 05, 2020

This text delves into concepts of central tendency including Mode, Median, and Mean, as well as Measures of Variation such as Range, Standard Deviation, and Quartiles. Learn how to interpret and analyze data distributions effectively.

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  1. Chapter 3 Averages and Variation Understandable Statistics Ninth Edition By Brase and Brase Prepared by Yixun Shi Bloomsburg University of Pennsylvania

  2. Measures of Central Tendency We use the term “average” to indicate one number that gives a measure of center for a population or sample. This text investigates three “averages”: Mode Median Mean

  3. Mode The mode is the most frequently occurring value in a data set. Example: Sixteen students are asked how many college math classes they have completed. {0, 3, 2, 2, 1, 1, 0, 5, 1, 1, 0, 2, 2, 7, 1, 3} The mode is 1

  4. Median

  5. Read “x-bar” Read “mu” Mean

  6. Trimmed Mean Order the data and remove k% of the data values from the bottom and top. 5% and 10% trimmed means are common. Then simply compute the mean with the remaining data values.

  7. Resistant Measures of Central Tendency A resistant measure will not be affected by extreme values in the data set. The mean is not resistant to extreme values. The median is resistant to extreme values. A trimmed mean is also resistant.

  8. Critical Thinking Four levels of data – nominal, ordinal, interval, ratio Mode – can be used with all four levels. Median – may be used with ordinal level or above. Mean – may be used with interval or ratio level

  9. Critical Thinking Mound-shaped symmetrical data – values of mean, median and mode are almost same. Skewed-left data – mean < median < mode. Skewed-right data – mean > median > mode.

  10. Weighted Average At times, we may need to assign more importance to some of the data values. x is a data value. w is the weight assigned to that value.

  11. Measures of Variation: Range Range = Largest value – smallest value Only two data values are used in the computation, so much of the information in the data is lost.

  12. Sample Variance and Standard Deviation Sample Variance = s2 = Sample Standard Deviation = s =

  13. Population Variance = Population Standard Deviation = Population Varianceand Standard Deviation

  14. The Coefficient of Variation For Samples For Populations

  15. Chebyshev’s Theorem

  16. Chebyshev’s Theorem

  17. Critical Thinking Standard deviation or variance, along with the mean, gives a better picture of the data distribution. Chebyshev’s theorem works for all kinds of data distribution. Data values beyond 2.5 standard deviations from the mean may be considered as outliers.

  18. Percentiles and Quartiles For whole numbers P, 1 ≤ P ≤ 99, the Pthpercentile of a distribution is a value such that P% of the data fall below it, and (100-P)% of the data fall at or above it. Q1= 25th Percentile Q2 = 50th Percentile = The Median Q3 = 75th Percentile

  19. Quartiles and Interquartile Range (IQR)

  20. Computing Quartiles

  21. Five Number Summary A listing of the following statistics: Minimum, Q1, Median, Q3, Maximum Box-and-Whisder plot – represents the five-number summary graphically.

  22. Box-and-Whisker Plot Construction

  23. Box-and-whisker plots display the spread of data about the median. If the median is centered and the whiskers are about the same length, then the data distribution is symmetric around the median. Fences – may be placed on either side of the box. Values lie beyond the fences are outliers. Critical Thinking