Averages Of First Order Flashcards
Most common first order averages are
Mean
Median
Mode
Mean
Quotient of sum of all values of given data and the number if values of data
Methods of mean
Direct
Indirect
Step-deviation
Formula for direct method ungrouped data
__
X=€x
——
N
Formula for direct method grouped data
__
X=€fx
——
€f
Formula for indirect method ungrouped
__
X=A+€D
——
N
Formula for indirect method grouped data
__
X=A+€fD
——
€f
Formula for step deviation ungrouped data
__
X=A+€u *c
—–
N
Formula for step deviation grouped data
__
X=A+€fu *c or h
——
€f
What is change of origin
When we take D we subtract a constant from every value of the given data, this step is called change of origin
What is change of scale
When we take u, we divide D by h or c, this step is called change of scale
Weighted arithmetic mean
Arithmetic mean computed for different items by considering relative importance of each item
Formula for weighted arithmetic mean
__
Xw=€WX
———
€W
What are the strengths of arithmetic mean
Simple to understand and easy to calculate
Utilises all the values given in the data
Finite in every case
What are the weaknesses of arithmetic mean
Greatly affected by extreme values
Cannot be calculated for qualitative data
Can not be exactly calculated for open and distribution