BUSINESS STATISTICS

GROUP MEMBER:
RUTUJA AMBRE ROLL NO.03
AJINKYA DESAI ROLL NO. 23
 INTRODUCTION
 CALCULATION OF MEAN
 CALCULATION OF MEDIAN
 ADVANTAGES OF DATA
 LIMITATIONS OF DATA
 INTRODUCTION
 All information collected from primary
data .primary data it means it is data
which collected directly from the
students.
 All data collected from H.S.C. students
{i.e. percentage.}
 Comparison between Girls & Boys
percentage for using Mean, median method
.
 Calculation of mean
PERCENTAGE TALLY MARK FREQUENCY TALLY MARK FREQUENCY
(%)
|||| |
40-50 5 1
||| |||||||
50-60 3 8
||||| ||||
60-70 6 5
||||| ||||||||
70-80 6 10
||| |||
80-90 3 3
TOTAL 23 TOTAL 27
 BOYS

PERCENTAGE MID- (FX)

(%) TALLY MARK FREQUENCY POINT(X)

40-50 |||| 5 45 225

MEAN =∑ƒx
50-60 ||| 3 55 165 ƒ

=1485
23
60-70 ||||| 6 65 390
= 65

70-80 ||||| 6 75 450

80-90 ||| 3 85 255

TOTAL 23 ∑ƒx = 1485

 GIRLS
PERCENTA FREQUENCY
GE TALLY MARK MID-POINT(X) (FX)
(%) (F)

40-50 | 1 45
45
MEAN =∑ƒx
50-60 ||||||| 8 440 ƒ
55
= 1815
27
60-70 |||| 5 325
65
=67.22

70-80 |||||||| 10 750

75

80-90 ||| 3 255

85
TOTAL 27 TOTAL 1815
 Explanation
 Above this table, we calculate a Average mean of student’s
percentage.
 from this we do comparison between girls and boys percentage .
 In comparison of boys and girls percentage in examination we
analyze that girls get a higher percentage as compare to boys .
 Because (girls) average mean is 67.22 and (boys) average mean is 65
so girls average mean is higher than boys.
 BOYS MEDIAN GIRLS
CUMULATIV
PERCENT TALLY FREQUEN E FREQUENC CUMULATIVE
AGE(%) MARK CY FREQUENCY TALLY MARK Y FREQUENCY MEDIAN =
L+ (N/2-C.F) *H
40-50 |||| 5 5 | 1 1
F
50-60 ||| 3 8 ||||||| 8 9

60-70 ||||| 6 14 |||| 5 14 A] BOYS= 65.83

70-80 ||||| 6 20 |||||||| 10 24
B} GIRLS= 69
80-90 ||| 3 23 ||| 3 27

TOTAL 23 TOTAL 27

N N

2 11.5 2 13.5

MEDIAN L+ (N/2- 60+ (11.5- 60+(13.5-

= C.F) *H 8)*10 L+(N/2-C.F) *H 9)*10

F 6 F 5

MEDIAN : 65.83 MEDIAN : 69

 EXPLANATION:
 Above this table , we do calculation of median.
 In comparison, girls and boys percentage in
examination girls percentage total is higher
than boys percentage total.
 Because girls (percentage) median is 65.83 and
boys (percentage) median is 69. so, that girls
percentage is higher than boys percentage.
 Girls get more percentage and boys get less
percentage.
 ADVANTAGES OF DATA

 Performance management
 Data collection
 research and development
 alternative scenario
Limitation of the data:

 Double counting problem.

 Sometimes they provide wrong information
 Sometimes results may be misleading.
 This is not quantitative data.
 To comparison between girls & boys
percentage.
THANK YOU