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2 Descriptive Measures
Data is also summarized using descriptive measures focusing on, for
example, central tendency, dispersion, relative position, shape, and correlation
(leading to prediction). Software tools can help tremendously.
Mean
One of the simplest and most efficient measures of central tendency is the
mean. It is the value obtained by adding the values in the distribution and dividing
the sum by the total number of values. Notice that all the values in the distribution
are taken into consideration when computing the value of the mean.
Median
The median is a positional measure defined as the middlemost value in
the distribution. Hence, this value divides a given set of data into two equal parts.
Mode
The third measure of central tendency known as the mode. This type of
average is the simplest both in concept and in application. By definition, the
mode is referred to as the most frequent value in the distribution.
Example
12+ 10+10+8+12+9+ 13
mean = =10.57
7
Arrange the values in ascending order: 8, 9, 10, 10, 12, 12, 13. The
median is the ( ) ( )
n+1
2
th=
7+ 1
2
th = 4th value. Hence the median is 10.
The range is the difference between the highest and the lowest values in a
set. The standard deviation of a set of sample data can be obtained using the
√
formula s = n ∑ x 2−¿ ¿ ¿ ¿ ¿. The standard deviation is the square root of the
variance.
The measure of relative position of a given value shows where the value
stands in relation to other values in the set of data. The most common measure
of relative position are percentiles, quartiles, and standard scores.
data value−mean
z=
standard deviation
Measures of Shape
Measures of shape describe the pattern (or distribution) of the data within
a data set. A distribution of data values may be symmetrical or asymmetrical. In a
symmetrical distribution, the two sides of the are a mirror image of each other. In
an asymmetrical distribution, the two sides will not be mirror images of each
other.
Measure of Correlation
r = n ∑ xy−¿ ¿ ¿.