Scribd Logo
Upload

Welcome to Scribd!

  • Statistics Chapter 5

    Uploaded by

    adilkhan
    8 views37 pages

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    8 views37 pages

    Statistics Chapter 5

    Uploaded by

    adilkhan

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 37
    Sty Statistics: : Comparing Data + Learning Objectives The study of this chapter should enable you to: B Organize raw data into a frequency distribution @ Present a frequency distribution into graphic forms Describe and calculate different measures of central tendency ® Define and calculate different measures of dispersion and skewness 3B introbuction As defined earlier in Chapter One, descriptive statistics describe the main features of the quantitative data. It aims to summarize quantitative data without using the proba- bilistic formulation and not to draw conclusions about the population as in inferential statistics. Although a data analysis uses inferential statistics to deduce the main con- clusions, the features of descriptive statistics are usually highlighted at the same time. Well-constituted data summaries and displays are essential to good statistical thinking ‘because they can focus on important features of the data or provide insight about the type of model that should be used in problem solution. The computer has become an important tool in the presentation and analysis of data. While many statistical techniques require only a hand-held calculator, much time and effort may be required for this approach, thus, a computer will perform the asks more efficiently. Most statistical analysis is done using pre-written library of statis- tical programs. The user enters the data and then selects the types of analysis and Output displays that are of interest. Among the most popular and widely used statistical Packages are SAS, SPSS, Statgraphics and Minitab. : ‘The unorganized observations (collected sample) are referred to as raw data. This chapter discusses to how to organize such raw data into a frequency distribution And then present it using graphic forms (eg. histogram). Next, the data are further plored using measures of central tendency and then compared using measures of dispersion and skewness. ete Tee CUTTY Business Statistics Table 5.1 Frequency Distribution of National Car Models values that belong to each clase ae FREQUENCY DISTRIBUTION defined asa tabulation of vals that Contains ong, a es the distribution of values in yy," table summarize The y or count of the occurrences of value. yor Ales in h ribut A frequency dist Jes in a sample aa represents the freq) interval OPE ote vach simpler to manage and operate the frequency tabyjygy ene in addition, with frequency tables, there are simple form. In than the cow cl .edian, mode and sta 4 he important statistics such as mean ded cn calculate t (see Section 5.4), 5.2.1) Frequency Distribution for Qualitative Data A frequency distribution exhibits how the frequencies are distributed over various. cegories. A frequency distribution for qualitative data lists all categories and the Tumby of elements that belong to each of the categories. B example 1 ‘A sample of 25 young executives was taken at random. Each executive was asked tp ‘choose only one of the five listed models of national cars; Myvi, Saga, Viva, Pesona ang Alza. Their responses are as follows: Saga Viva. «= Saga. Myvi Myvi Myvi = Myi Aza Aza Aza Pesona Pesona Viva Alza Viva Ala = Myi Viva. Myvi Alea Saga Viva Alka Alka Viva Develop a frequency distribution table for the data. To start of with, it is important to note that the model the young executive chose is the variable. This variable is classified into five categories. Hence, the frequent

    You might also like