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Introduction To Descriptive Statistics: K S Deepika
Introduction To Descriptive Statistics: K S Deepika
Introduction To Descriptive Statistics: K S Deepika
Descriptive Statistics
K S Deepika
Department of MBA
Measures of Descriptive Statistics
Central Tendency
X i
X1 + X 2 + + Xn
X= i =1
=
n n
• Population mean
Population Size
N
X i
X1 + X 2 + + XN
= i =1
=
N N
Mean (Arithmetic Mean)
Number of calls 0 1 2 3 4 5 6 7
Frequency 14 21 25 43 51 40 39 12
Mean = 3.763
Merits and Demerits of Averages
MERITS
• It is rigidly defined
• It is easy to understand and calculate
• It is based on all the observations.
• It is suitable for further mathematical treatment.
• It is affected least by fluctuations of sampling---> arithmetic mean is a stable average.
Merits and Demerits of Averages
DEMERITS
• Affected by exterme observations
• Cannot be used with open end classes
• Cannot be determined by inspection nor can it be located graphically.
• Cannot be used for qualitative characteristics which cannot be measured
quantitatively.
• Cannot be calculated if single observation is missing or lost
• Not suitable for assymetric distribution
• It leads to wrong conclusions if the details of the data from which it is obtained are
not available.
THANK YOU
K S Deepika
Department of MBA
deepikaks@pes.edu