Chapter 3Statistical measures Measure center and location Measure variation/dispersion... Statistical measures Center and location Variation/ Dispersion - Coefficient of variation... T
Trang 1Chapter 3
Statistical measures
Measure center and location
Measure
variation/dispersion
Trang 2Statistical measures
Center and
location
Variation/ Dispersion
- Coefficient of variation
Trang 3Part B Measures of variation/dispersion
Trang 41 The range
The range is defined as the numerical difference between the smallest and largest values of the items in a set or distribution
Formula:
R = largest value – smallest
value
Trang 6Advantages and disadvantages
of the range
Advantages:
Disadvantages:
Trang 7Implication
Trang 82 The mean deviation
dispersion that gives the average
difference (i.e ignoring ‘-’ signs) between each item and mean.
Trang 9f x x d
Trang 10x x d
Trang 11x x d
Trang 12person)
Number
of workers
Trang 13Characteristics of the mean
Can be complicated to calculate in
practice if the mean is anything
other than a whole number
Trang 143 Variance
Variance is another statistical
measure of dispersion
It is defined as the average of
squared discrepancies between each data value and their mean
Formula:
Trang 15For a set of values
Trang 16i i
Trang 17x x n
Trang 18person)
Number
of workers
Trang 204 Standard deviation
Standard deviation is defined as the square root of the variance
Formula
Trang 21For a set of values
Trang 22i i
Trang 24person)
Number
of workers
Trang 25Characteristics of Standard
Deviation
Can be regarded as one of the most useful and appropriate measure of dispersion.
For distribution that are not too skewed:
- 99.7% of the data items should lie within three standard deviation of the mean
- 95% of the data items should lie within
two standard deviation
- 68% of the data items should lie within
one standard deviation of the mean
Trang 28 Over a period of three months, the daily number of components
produced by two comparable
machines was measured, giving the following statistics: