Beruflich Dokumente
Kultur Dokumente
Prof. Fahimuddin
KMC Urdu Arabi Farsi University
Lucknow
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Methods
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Exclusive Method
When data are classified in such a way that the upper limit
of a class interval is the lower limit of the succeeding class
intervals.
That means no data falls into more than one class intervals.
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Example of Exclusive Method of Data Classification
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•Such classification ensures continuity of data because the
upper limit of one class is lower limit of succeeding class.
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Dividend in per cent Number of Companies
(Class Intervals) (Frequency)
0 but less than 10 5
10 but less than 20 7
20 but less than 30 15
30 but less than 40 10
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Inclusive Method
• When data are classified in such a way
that upper limits of class intervals are
included in the interval itself.
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Example
0 to 4 3
4 To 9 22
10 To 14 13
15 To 19 8
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Certain Points of Understanding-1
An exclusive method should be used to
classify a set of data involving continuous
variable.
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Continuous Variable
If a variable can take on any value between its minimum value and
its maximum value,
it is called a continuous variable; otherwise, it is called a discrete
variable.
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Point Number -2
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Example
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Some Examples
The following set of numbers represents Mutual Fund Prices reported
at the end of a week for selected 40 nationally sold funds:
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Solution
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Now Range is to be decided (Class Intervals)
In table shown earlier, largest number is 38 and lowest
number in 10, so
So 38-10 =28=4.66=5
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h is the class interval 18
Now we can make frequency Distribution
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