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Tendency
Quantitative Aptitude & Business Statistics
According to Prof.Horace
Secrist:
By
single expression
representing the whole
group,is selected which may
convey a fairly adequate idea
about the whole group.
This
single expression is
known as average.
Quantitative aptitude & Business
Statistics: Measures Of Central
4.It
should be easily
subjected to further
mathematical calculations
5.It should be least affected
by fluctuations of sampling
10
11
X=
x1 + x2 + x3 +......+ xn
x
i
i =1
n
12
13
X=
f1 x1 + f 2 x 2 + f 3 x3 + ......+ f n x n
f1 + f 2 + f3 + .... + f n
fx
i =1
n
f
i =1
i i
14
X = A+
fd
15
Marks
No. of
Students
16
Marks
0-10
10-20
20-30
30-40
Mid
values
(X)
5
15
25
35
No.of
d= X-45
Students
10
(f)
10
-4
20
-3
30
-2
50
-1
17
f.d
-40
-60
-60
-50
No.of
Mid
d= X-45 f.d
values Students
10
(f)
(X)
40-50
45
40
0
0
50-60
55
30
1
30
N=180
fd=180
Marks
18
Solution
Let
us take assumed
mean =45
Calculation from
assumed mean
fd
180 *10
x = A+
C = 45 +
N
180
Mean =
= 35
Quantitative aptitude & Business
Statistics: Measures Of Central
19
40
50
60
20
Solution:
Let us first convert Less than series
into continuous series as follows
Marks
No. of
10
students
20
30
3040
4050
50-60
50
40
30
180150=30
21
10
20
170 150
30
40 50
60
120 70 30
22
Solution:
Let us first convert More than series
into continuous series as follows
Marks
No. of
students
180-170=10
0-10
10
1020
20
2030
30
3040
50
40-50 5060
40
30
170-150=20
30-0=30
70-30=40
23
Marks
No. of
Students
24
Solution
Mean
fd
180 *10
x = A+
C = 45 +
N
180
= 35
Quantitative aptitude & Business
Statistics: Measures Of Central
25
Marks
0.5-10.5
10.5-20.5
20.5-30.5
30.5-40.5
40.5-50.5
50.5-60.5
d=X-45.5 f.d
Mid
No.of
10
values Students
5.5
15.5
25.5
35.5
45.5
55.5
10
20
30
50
40
30
N=180
Quantitative aptitude & Business
Statistics: Measures Of Central
-4
-3
-2
-1
0
1
-40
-60
-60
-50
0
30
fd=
-180
26
Marks
No. of
Students
60
50
40
20
27
28
fd
220 X 10
Mean= x = A +
C = 45 +
N
180
= 32.778
29
Marks
Mid
values
No. of
Students
d= X-45.5
10
f.d
0-10
10-20
20-30
30-40
40-50
50-60
5
15
25
35
45
55
10
30
30
50
40
20
N=180
-4
-3
-2
-1
0
1
-40
-90
-60
-50
0
30
fd=-220
30
31
Solution
Step2:
X 1 = 30; X 2 = 15
N1 X 1 + N 2 X 2
X 12 =
N1 + N 2
=20
Quantitative aptitude & Business
Statistics: Measures Of Central
32
33
34
W .X
W
35
Mathematical Properties of
Arithmetic Mean
1.The
36
3.The
formula of Arithmetic
37
4.If
38
Similarly
39
When
40
41
4.It
42
6.The
formula of arithmetic
mean can be extended to
compute the combined
average of two or more
related series.
43
7.It
44
by extreme values
i.e . Very small or very big
values in the data unduly
affect the value of mean
because it is based on all the
items of the series.
Quantitative aptitude & Business
Statistics: Measures Of Central
45
2.Mean
46
Median
The middle score of the
distribution when all the scores
have been ranked.
If there are an even number of
scores, the median is the
average of the two middle
scores.
47
48
Mean
Mean
Median
49
Median
0 1 2 3 4 5 6 7 8 9 10
0 1 2 3 4 5 6 7 8 9 10 12 14
Median = 5
Median = 5
50
N N +1
=
+
Median (M)=Average of
2
2
Item
51
25,55,5,45,15 and 35
Solution ;Arrange the items
5,15,25,35,45,55,here N=6
Median =Average of 3rd and 4th
item=30
52
Median (M)=Size of = N + 1
Item
2
53
N
m
c
M = L+ 2
f
54
Quartiles
The
55
The
56
57
58
N +1
Q1 = Size
th Item
4
3( N + 1)
Q3 = Size
th Item
4
Quantitative aptitude & Business
Statistics: Measures Of Central
59
Octiles
The values of variate that
divides the series or the
distribution into eight equal
parts are known as Octiles .
Each octile contains 12.5% of
the total number of
observations .
60
61
j ( N + 1)
O j = Size
th Item
8
4( N + 1)
O4 = Size
th Item
8
62
Deciles
63
64
j ( N + 1)
D j = Size
thItem
10
5( N + 1)
D5 = Size
th Item
10
65
Percentiles
The values of variate that divides
the series or the distribution into
hundred equal parts are known as
Percentiles .
Each percentile contains 10% of
the total number of observations .
Since 99 points are required to
divide the data into 10 equal parts
,we have 99 deciles(p1 to p99)
66
j ( N + 1)
Pj = Size
th Item
100
p50
50( N + 1)
= Size
th Item
100
67
68
No. of
Students
0-10
10
30
50
40
69
30
Marks
0-10
10-20
20-30
30-40
40-50
50-60
No. of
Students
(f)
10
20
30
50
40
30
N=180
Cumulative
Frequencies
(c.f.)
10
30
60
110
150
180
70
N 180
=
= 90
2
2
Quantitative aptitude & Business
Statistics: Measures Of Central
71
180
60
2
10
M = 30 +
50
M = 30 + 6 = 36
Quantitative aptitude & Business
Statistics: Measures Of Central
72
Merits of Median
1.Median
is not affected by
extreme values .
2.It is more suitable average
for dealing with qualitative
data ie.where ranks are given.
3.It can be determined by
graphically.
Quantitative aptitude & Business
Statistics: Measures Of Central
73
Limitations of Median
1.It is not based all the items of
the series .
2.It is not capable of algebraic
treatment .Its formula can not
be extended to calculate
combined median of two or
more related groups.
Quantitative aptitude & Business
Statistics: Measures Of Central
74
Median By Graph
Y
3N/4
N/2
Frequency
N/4
Less than
Cumulative
curve
More than
Cumulative Curve
Q1 M Q3
Quantitative aptitude & Business
Statistics: Measures Of Central
CI
75
Mode
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14
0 1 2 3 4 5 6
76
Mode
The most frequent score in the
distribution.
A distribution where a single
score is most frequent has one
mode and is called unimodal.
77
78
Mode (Z)=30
79
f1 f 0
c
Z = L +
2 f1 f 0 f 2
Where Z= Mode ;L=Lower limit of the Mode Class
f0 =frequency of the pre modal class
f1=frequency of the modal class
f2=frequency of the post modal class
C=Class interval of Modal Class
Quantitative aptitude & Business
Statistics: Measures Of Central
80
010
10
5060
30
81
Marks
0-10
10-20
20-30
30-40
40-50
50-60
No. of
Students
(f)
10
20
30 f0
50 f1
40 f2
30
N=180
82
f1 f 0
c
Z = L +
2 f1 f 0 f 2
50 60
Z = 30 +
10
2 50 30 40
= 30 + 6.667 = 36.667
Quantitative aptitude & Business
Statistics: Measures Of Central
83
Y
Calculation Mode Graphically
50
40
30
20
10
10
20
30
40
50
60
84
85
86
Example
87
Solution
Mode=3median -2Mean
=3(52.40)-2(55.60)
Mode =46
88
Example
Solution
Y m=2+1.50*15=24.50
89
Merits of Mode
1.Mode is the only suitable
average e.g. ,modal size of
garments, shoes.,etc
2.It is not affected by extreme
values.
3.Its value can be determined
graphically.
90
Limitations of Mode
1.In case of bimodal /multi
modal series ,mode cannot be
determined.
2.It is not capable for further
algebraic treatment, combined
mode of two or more series
cannot be determined.
91
92
Geometric mean
xG = n x1 x2 xi xn
1/ n
= xi
i =1
n
93
log X
G.M = Anti log
n
94
f . log X
G.M = Anti log
N
95
96
4.It
97
Limitations of Geometric
Mean
1.Its
difficult to understand
and calculate.
2.It cannot be computed
when there are both negative
and positive values in a
series
Quantitative aptitude & Business
Statistics: Measures Of Central
98
3.It
99
Calculation of G.M
:Individual Series
From the following data
calculate Geometric Mean
Roll No 1 2 3 4 5 6
Marks
15 25 35 45 55
100
X
5
15
25
35
45
55
log X
0.6990
1.1761
1.3979
1.5441
1.6532
1.7404
log X=8.2107
101
Quantitative aptitude & Business
Statistics: Measures Of Central
log X
G.M = Anti log
n
8.2107
= Al
6
= Anti log(1.3685)
= 23.36
Quantitative aptitude & Business
Statistics: Measures Of Central
102
103
logx
1
2
3
2.0414
2.0792
2.1139
10
20
30
110
120
130
log
X=6.2345
Quantitative aptitude & Business
Statistics: Measures Of Central
104
log X
G.M = Anti log
n
6.2345
= Al
= Anti log(2.0782)
= 119.8
105
w. log X
G.M = Anti log
w
106
N
H .M =
1 1 1
1
+ + + ....... +
X1 X 2 X 3
Xn
Quantitative aptitude & Business
Statistics: Measures Of Central
107
108
109
4.It
110
difficult to understand
and calculate.
2.It cannot be computed
when one or more items are
zero
111
3.It
112
15 25 35 45 55
113
l/x
0.2000
15
0.0666
25
0.0400
35
0.0286
45
0.0222
55
0.0182
(1/x)=0.3756
114
xH =
n
1
i =1 x
i
n
6
=
0.3576
= 15.9744
Quantitative aptitude & Business
Statistics: Measures Of Central
115
4
H .M =
1 1 1 1
+ + +
6 8 12 36
H.M=9.93
116
HM
=
w
( X
i
i
117
12
22
32
..n2
118
Weighted AM =
Wi.Xi
Wi
13 + 2 3 + 33 + ..... + n
12 + 2 2 + 3 2 + ..... + n 2
n 2 (n + 1) 2
=
n(n + 1)(2n + 1)
3n( n + 1)
=
2( 2n + 1)
Quantitative aptitude & Business
Statistics: Measures Of Central
119
1 + 2 + 3 + ..... + n
2
23
HM
1 + 2 + 3 + ..... + n
n( n + 1)(2n + 1)
=
n( n + 1)
2
2n + 1
=
3
Quantitative aptitude & Business
Statistics: Measures Of Central
=
w
( X
i
i
120
121
G2=A.H
122
(a) mode=2median3mean
(b) mode=3median-2mean
(c) mode=3mean-2median
(d) mode=2mean-3median
123
124
2. In
a asymmetrical
distribution ____
(a) AM = GM = HM
(b) AM<GM<AM
(c) AM<GM>HM
(d) AM GM HM
Quantitative aptitude & Business
Statistics: Measures Of Central
125
2. In
a asymmetrical
distribution ____
(a) AM = GM = HM
(b) AM<GM<AM
(c)
AM<GM>HM
AM
GM
HM
(d)
Quantitative aptitude & Business
Statistics: Measures Of Central
126
(a) mean
(b) mode
(c) median
127
.3. The
points of intersection of
the less than and more than
ogive corresponds to ___
(a) mean
(b) mode
(c) median
128
4.
(a)
(b)
(c)
(d)
mean
geometric mean
grouped mean
none of these
Quantitative aptitude & Business
Statistics: Measures Of Central
129
mean
geometric mean
grouped mean
none of these
130
5.
(c)
meanmedian=2(mean
mode
(d)meanmode=3(meanmedian)
Quantitative aptitude & Business
Statistics: Measures Of Central
131
5.
(c)
meanmedian=2(mean
mode
(d)meanmode=3(meanmedian)
Quantitative aptitude & Business
Statistics: Measures Of Central
132
133
(a) 9
(b) 27
(c) 81
134
136
15, AM is ____
(a) reduced by 15
(b) increased by 15
(c) reduced by 10
(d) none of these
Quantitative aptitude & Business
Statistics: Measures Of Central
137
15, AM is ____
(a) reduced by 15
(b) increased by 15
(c) reduced by 10
(d) none of these
Quantitative aptitude & Business
Statistics: Measures Of Central
138
139
140
141
10.Histogram is useful to
determine graphically the value of
(a) Mean
(b) Mode
(c) Median
(d) all of above
142
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THE END
Measures Of Central Tendency