ICFAI INSZODIAC

Pof. B.O.Baxi

04/15/12

PROF. B.O. BAXI

Data Analysis with stastical tools Object: To know the health consciousness of
Age -Group Hours Spend in Gym 65 24 10 1 100
PROF. B.O. BAXI

Object: To know the health consciousness of Youngsters of Ahmedabad

H o u rs S p e n d in G ym
A bove 65 1% 46-65 10% 26 -45 24%

15-25 26-45 46-65 Above 65 Total

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15-2 5 65%

Frequency Distribution
In a frequency distribution, one variable is considered at a time. A frequency distribution for a variable produces a table of frequency counts, percentages, and cumulative percentages for all the values associated with that variable.
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Tabulation of data collected Service Quality of a Bank Factors determining

Factors Ambience Co-operation of Staff Availability of Value Added other service Transparency of Documents Accessibility of service Total No Of Respondents 24 12 39 Amount of Deposit's 100000 240000 350000

12 13 100

25000 85000 80000

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PROF. B.O. BAXI

Data Analysis of Common Statistical Tool.

HOW DO YOU FIND VARIETY OF SOAP
Satis Level LUX LIFE BOUY SANTOOR BREEZE GODREJ.1 CINTHOL OTHERS Total

EXCELLENT 6 GOOD O.K. AVARAGE BAD TOTAL 3 2 0 0 11

6 1 3 0 0 10

9 3 1 0 0 13

0 2 0 0 0 2

0 0 3 1 0 4

0 0 2 0 0 2

1 2 2 3 0 8

22 11 13 4 0 50

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PROF. B.O. BAXI

Statistics Associated with Frequency Distribution Measures of Location. The mean, or average value, is the most commonly used measure of central tendency. The mean, ,is given by Where, Xi = Observed values of the variable X n = Number of observations (sample size) The mode is the value that occurs most frequently. It represents the highest peak of the distribution. The mode is a good measure of location when the variable is inherently categorical or has otherwise been grouped into categories.
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 The median of a sample is the middle value when the data are arranged in ascending or descending order. If the number of data points is even, the median is usually estimated as the midpoint between the two middle values by adding the two middle values and dividing their sum by 2. The median is the 50th percentile. TOTAL AMOUNT OF INCOME OF AN ENGINNER. NO OF PEOPLE VISITED STORES ON LAST FIVE SUNDAYS AND 20 WEEK DAYS. THOUGH IT IS SIMPLE BUT MOST POWERFULL TOOL OF DATA ANLYSIS. TOTAL NO OF COMPLAINTS. REPETITIVE COMPLAINTS OF PARTICULAR NATURE. Depending upon the circumstances it is to be used by the researchers.

MEASURES OF CENTRAL TENDENCY

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PROF. B.O. BAXI

Statistics Associated with Frequency Distribution Measures of Variability

The range measures the spread of the data. It is simply the difference between the largest and smallest values in the sample. Range = Xlargest Smallest.
(Age of the respondents or income level of Res.)

The interquartile range is the difference between the 75th and 25th percentile. For a set of data points arranged in order of magnitude, the pth percentile is the value that has p% of the data points below it and (100 - p)% above it. (Data of Respondents visited during entire day and then divided in four parts and then find out that which during which part maxi no of visitors are there)
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Statistics Associated with Frequency Distribution Measures ofmean squared deviation from Variability The variance is the
the mean. The variance can never be negative. The standard deviation is the square root of the variance. n (Xi - X)2 sx = n- 1 i =1 The coefficient of variation is the ratio of the standard deviation to the mean expressed as a percentage, and is a unitless measure of relative variability.

CV = sx/X
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Statistics Associated with Frequency

Distribution Measures of Shape

Skew ness. The tendency of the deviations from the mean to be larger in one direction than in the other. It can be thought of as the tendency for one tail of the distribution to be heavier than the other. Kurtosis is a measure of the relative peaked ness or flatness of the curve defined by the frequency distribution. The kurtosis of a normal distribution is zero. If the kurtosis is positive, then the distribution is more peaked than a normal distribution. A negative value means that the distribution is flatter than a normal distribution.

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PROF. B.O. BAXI

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Skewness of a Distribution
Symmetric Distribution

Skewed Distribution Mean Median Mode (a)

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Mean Median Mode PROF. B.O. BAXI (b)

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Hypothesis Testing:

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PROF. B.O. BAXI

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