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picture1_Statistic Ppt 68594 | Measure Of Central Tendency


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File: Statistic Ppt 68594 | Measure Of Central Tendency
topic second measure of central tendency numerical measures of central tendency mean median and mode a measure of central tendency is a summary statistic that represents the center point or ...

icon picture PPTX Filetype Power Point PPTX | Posted on 29 Aug 2022 | 3 years ago
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      TOPIC SECOND 
  MEASURE OF CENTRAL TENDENCY
      (NUMERICAL)
          Measures of Central Tendency:
            Mean, Median, and Mode
   • A measure of central tendency is a summary statistic that represents the 
    center point or typical value of a dataset. These measures indicate where 
    most values in a distribution  fall  and  are  also  referred  to  as  the  central 
    location of a distribution. You can think of it as the tendency of data to 
    cluster  around  a  middle  value.  In,  Statistics  the  three  most  common 
    measures of central tendency are the mean , median  and  mode.  Each of 
    these measures calculates the location of the central point using a different 
    method.
   • Choosing the best measure of central tendency depends on the type of data 
    you have. In this post, I explore these measures of central tendency, show 
    you how to calculate them, and how to determine which one is best for your 
    data.
                            Types of Series
      •  Individual series
      •  In this series number or value  are arranged in simple manner. 
      •  Example
      •  Marks
      •  10
      •  20
      •  30
      •  40
      •  50
      •  60
                               Types of Series
      •  Discrete Series : A frequency distribution is series where a 
         number of observations with similar or closely related value 
         are put in separate bunches of groups in order of magnitudes 
         in a series
      •  Example 
         Marks                        Number of Students
         10                           3
         20                           7
         30                           5
         40                           15
         50                           11
         60                           7
                                     Types of Series
       • Continuous Series
       •    Under this distribution the frequencies refer to group of values.  This series  can be 
            prepared  with the help of simple  or discrete series.  There are two ways in which 
            data are classified on the basis of  class intervals (i) Exclusive method (ii) Inclusvie 
            method
       •    Exclusive method
       •    Under this method data are classified in such a way that the upper limit of a class 
            interval is the lower limit of the succeeding class interval , then it is said to be he  
            “Exclusive  method”
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