Download presentation
Presentation is loading. Please wait.
Published byFrederick Owen Modified over 6 years ago
1
Descriptive Measures Descriptive Measure – A Unique Measure of a Data Set Central Tendency of Data Mean Median Mode 2) Dispersion or Spread of Data A. Range B. Quartiles & Percentiles C. Variance & Std Deviation
2
A. Mean – Arithmetic Mean ( Average )
Ex: B. Median – Midpoint of the Data – as many observations above as below
3
C. Mode – Most Frequent Observation
Relationship between Mean, Median, & Mode 1) Symmetrical Distribution
4
2) Right Skewed Distribution (Positive Skew)
3) Left Skewed Distribution (Negative Skew)
5
We can Transform Data to Change Distribution Shape
6
Mammal:Brain vs Body
7
Log(Brain) vs Log(Body)
8
Variability or Dispersion of Data
EX1: EX2: EX3: A. Range = Maximum Obs – Minimum Obs Quartiles – Divide the Data into Four Equal Groups 25% Obs ≤ Q1 ≤ 75% Obs Lower Quartile 50% Obs ≤ Q2 ≤ 50% Obs Middle Quartile 75% Obs ≤ Q3 ≤ 25% Obs Upper Quartile
9
Interquartile Range – IQR = Q3 – Q1
Percentiles – the Pth Percentile is the Value such that at most P% of the Observations are Less and at most (100 – P)% of the Observations are Greater than the Value. Method: Multiply P*n: If result is integer, the Percentile is midpoint between this obs & next. If result is decimal, the Percentile is the next observation Q1 = Q2 = Q3 = P80 = P90 = P95 =
10
Q1 Q3 Q2 Minimum Maximum Box & Whisker Plot for Data:
Distance of Obs from Box > 1.5 * IQR – Mild Outlier (*) Distance of Obs from Box > 3.0 * IQR – Extreme Outlier (0)
11
C. Variance and Standard Deviation
Ex: Xi Deviation from Mean Average Deviation = Mean Absolute Deviation (MAD) = Squared Deviations Average Squared Deviation = (Variance)
12
Sample Variance - Sample Std Deviation - Ex: Ex:
13
Significance of the Standard Deviation
Tchebysheff’s Theorem – (k > 1) At least (1-(1/k2)) of observations will lie within k std dev of the mean. K = (1/4) = 75% of obs will lie within 2 std dev of mean K = (1/9) = 89% of obs will lie within 3 std dev of mean Empirical Rule: For Normal Data µ ± 1σ 68% Obs µ ± 2σ 95% Obs µ ± 3σ % Obs
14
Ex:1 + 2•s = - 2•s = Ex:2 + 2•s = - 2•s = Ex:3 + 2•s = - 2•s =
15
Shortcut Formula for the Variance
Shortcut/Machine Formula
16
Ex: Xi2
18
Estimate Mean and Variance for Grouped Data
fj – Class Freq mj – Class Mark Mean Variance Example: Sales Freq 21
19
Example: Age Freq fj*mj fj*mj2 17 – 21 – 25 – 29 – 40 Estimate Median:
20
Anscombe Quartet
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.