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Chapter 3 - Numerical Measurements
Chapter 3 - Numerical Measurements
Numerical Measures
Chapter 3
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Population Mean
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EXAMPLE – Population Mean
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Sample Mean
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EXAMPLE – Sample Mean
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Properties of the Arithmetic Mean
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Weighted Mean
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EXAMPLE – Weighted Mean
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The Median
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Properties of the Median
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EXAMPLES - Median
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Example - Mode
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Mean, Median, Mode Using Excel
Table 2–4 in Chapter 2 shows the prices of the 80 vehicles sold last month at Whitner Autoplex in
Raytown, Missouri. Determine the mean and the median selling price. The mean and the median
selling prices are reported in the following Excel output. There are 80 vehicles in the study. So the
calculations with a calculator would be tedious and prone to error.
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Mean, Median, Mode Using Excel
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The Relative Positions of the Mean,
Median and the Mode
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The Geometric Mean
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EXAMPLE – Geometric Mean
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EXAMPLE – Geometric Mean (2)
29.4% increase
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Dispersion
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Samples of Dispersions
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Measures of Dispersion
Range
Mean Deviation
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EXAMPLE – Range
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EXAMPLE – Mean Deviation
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EXAMPLE – Variance and Standard
Deviation
The number of traffic citations issued during the last five months in
Beaufort County, South Carolina, is 38, 26, 13, 41, and 22. What
is the population variance?
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EXAMPLE – Sample Variance
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Chebyshev’s Theorem
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The Empirical Rule
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The Arithmetic Mean of Grouped Data
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The Arithmetic Mean of Grouped Data -
Example
Recall in Chapter 2, we
constructed a frequency
distribution for the vehicle
selling prices. The
information is repeated
below. Determine the
arithmetic mean vehicle
selling price.
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The Arithmetic Mean of Grouped Data -
Example
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Standard Deviation of Grouped Data
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Standard Deviation of Grouped Data -
Example
Refer to the frequency distribution for the Whitner Autoplex data
used earlier. Compute the standard deviation of the vehicle
selling prices
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End of Chapter 3
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