Q1 Ans
Q1 Ans
Q1 Ans
Calculating the mean is very simple. You just add up all of the values and divide by the number
0f observations in your dataset.
= x1+x2+….+xn/n
However, in a skewed distribution the mean can miss the mark. in histogram it is starting to fall
outsode the central area. Problem occurs because outliers have a substantial impact on the mean.
Extreme values in an extended tail pull the mean away from the centre. As the distribution
becomes more skewed, the mean is drawn further away from the centre.
Median: median is the middle value. It is the value splits the dataset in half. To find the
median, order your data from smallest to largest and then find the data point that has an equal
amount of values above it and below it. The method for locating the median varies slightly
depending on whether your dataset has an even or odd number of values.
In the example, I use whole numbers for simplicity but you can have decimal places. In the
dataset with the odd number of observation notice how the number 12 has six values above it and
six below it. Therefore, 12 is the median of this dataset.
Mode: mode is the value that occurs the most frequently in your dataset. On a bar chart, the
mode is the highest bar. If the data have multiples value that are tied for occurring the most
frequently, you have a multimodal distribution. If no value repeats, the data do not have a mode.
Understanding the variance is calculated by taking the differences between each number in the
datset and the mean then squaring the differences to make thewm positive and finally dividing
the sum of squares by the number of value in the dataset.
Variance= (xi-x)2/n
Variance = (x-|x|)/n
|x|=83,n=5