0 оценок0% нашли этот документ полезным (0 голосов)
42 просмотров8 страниц
The document discusses key concepts in data analysis including mean, median, variance, deviation, and standard deviation. It provides definitions and formulas for calculating each concept. As an example, it calculates the mean, variance, and standard deviation for the data set {600, 470, 170, 430, 300}. The mean is 394, variance is 21,704, and standard deviation is 147.
The document discusses key concepts in data analysis including mean, median, variance, deviation, and standard deviation. It provides definitions and formulas for calculating each concept. As an example, it calculates the mean, variance, and standard deviation for the data set {600, 470, 170, 430, 300}. The mean is 394, variance is 21,704, and standard deviation is 147.
The document discusses key concepts in data analysis including mean, median, variance, deviation, and standard deviation. It provides definitions and formulas for calculating each concept. As an example, it calculates the mean, variance, and standard deviation for the data set {600, 470, 170, 430, 300}. The mean is 394, variance is 21,704, and standard deviation is 147.
Institute of Chemical Engineering and Technology University of the Punjab, Lahore. Data Analysis Mean or Average It is a single value which is intended to represent a set of data or a distribution as a whole. It is more or less central value round which the observations in the set of data or distribution usually tend to cluster. Such a central value is also called a measure of central tendency. Data Analysis Mean
where n is the number of measures in the series and X stands for a score or other measure.
Example: Find mean for 7, 11, 6, 10, 13, and 20. Solution: Mean = = 11.17
Data Analysis Median It is the numerical value separating the higher half of a data sample, a population, or a probability distribution, from the lower half. The median of a finite list of numbers can be found by arranging all the observations from lowest value to highest value and picking the middle one (e.g., the median of {3, 3, 5, 9, 11} is 5). If there is an even number of observations, then there is no single middle value; the median is then usually defined to be the mean of the two middle values(the median of {3, 5, 7, 9} is (5 + 7) / 2 = 6)
Data Analysis Variance It measures how far a set of numbers is spread out. A variance of zero indicates that all the values are identical. Variance is always non-negative: a small variance indicates that the data tend to be very close to the mean(expected value) and hence to each other, while a high variance indicates that the data are very spread out around the mean and from each other. Data Analysis Deviation Deviate: To differ from a standard, mean value. For example we have a set of data 5, 6, 9, 13, 25, 26 The mean is = 5+6+9+13+25+26/6 = 14 There can be two types of deviations; positive and negative. The numbers 25, 26 have shown +ve deviation, whereas numbers 5, 6, 9, 13 has shown ve deviation.
Data Analysis Standard Deviation The square root of the variance of a number of observations. Why it is called as standard deviation ? Answer: The deviation which could predict the highest and the lowest score of the distribution is termed as a standard deviation. The formulas pertaining to the prediction of max. and min. score are as under;
Max. Score = M + 3 S.D. Min. Score = M 3 S.D.
Data Analysis Estimate the Mean, Variance, and Standard Deviation for the given data: 600, 470, 170, 430, and 300. Sol: Mean = = 394