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MEASURES OF DISPERSION
MEANING
• Two data sets can have the same mean but they
can be entirely different. Thus to describe data,
one needs to know the extent of variability. This is
given by the measures of dispersion.
MEASURES OF MOD
• Range
• iinterquartile range
• Standard deviation are the three commonly used measures of
dispersion
RANGE
• It is the simplest method of measurement of dispersion and
defines the difference between the largest and the smallest
item in a given distribution.
• Formula:-Range = Y max – Y min
QUARTILE DEVIATIONS
• It is known as semi-interquartile range, i.e., half of the
difference between the upper quartile and lower quartile.
• The first quartile is derived as Q, the middle digit Q1 connects
the least number with the median of the data.
• FORMULA:- Q = ½ × (Q3 – Q1)
MEAN DEVIATION
• Mean deviation is the arithmetic mean (average) of deviations
of observations from a central value.
• Mean deviation can be evaluated by using the formula: A = 1⁄n
[∑i|xi – A|]
STANDARD DEVIATION
• Standard deviation is the square root of the arithmetic average
of the square of the deviations measured from the mean.
• Σ = [(Σi (yi – ȳ) ⁄ n] ½ = [(Σ I yi 2 ⁄ n) – ȳ 2] ½
TYPES OF MEASURES OF DISPERSION
• ABSOLUTE MEASURE
• Absolute measures of dispersion are expressed in the unit of
variable itself, like kilograms, rupees, centimeters, marks.
• RELATIVE MEASURE
• Relative measures of dispersion are obtained as ratios or
percentages of the average.
Characteristics of a Good Measure of
Dispersion
• It should be easy to calculate and simple to understand.
• It should be based on all the observations of the series.
• It should be rigidly defined.
• • It should be capable of further mathematical treatment and
statistical analysis.
• THESE ARE THE MAJOR TYPES AND MEASURES OF MEASURES
OF DISPERSION.

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MEASURES OF DISPERSION.pptx(unit 4).pptx

  • 2. MEANING • Two data sets can have the same mean but they can be entirely different. Thus to describe data, one needs to know the extent of variability. This is given by the measures of dispersion.
  • 3. MEASURES OF MOD • Range • iinterquartile range • Standard deviation are the three commonly used measures of dispersion
  • 4. RANGE • It is the simplest method of measurement of dispersion and defines the difference between the largest and the smallest item in a given distribution. • Formula:-Range = Y max – Y min
  • 5. QUARTILE DEVIATIONS • It is known as semi-interquartile range, i.e., half of the difference between the upper quartile and lower quartile. • The first quartile is derived as Q, the middle digit Q1 connects the least number with the median of the data. • FORMULA:- Q = ½ × (Q3 – Q1)
  • 6. MEAN DEVIATION • Mean deviation is the arithmetic mean (average) of deviations of observations from a central value. • Mean deviation can be evaluated by using the formula: A = 1⁄n [∑i|xi – A|]
  • 7. STANDARD DEVIATION • Standard deviation is the square root of the arithmetic average of the square of the deviations measured from the mean. • Σ = [(Σi (yi – ȳ) ⁄ n] ½ = [(Σ I yi 2 ⁄ n) – ȳ 2] ½
  • 8. TYPES OF MEASURES OF DISPERSION • ABSOLUTE MEASURE • Absolute measures of dispersion are expressed in the unit of variable itself, like kilograms, rupees, centimeters, marks. • RELATIVE MEASURE • Relative measures of dispersion are obtained as ratios or percentages of the average.
  • 9. Characteristics of a Good Measure of Dispersion • It should be easy to calculate and simple to understand. • It should be based on all the observations of the series. • It should be rigidly defined. • • It should be capable of further mathematical treatment and statistical analysis.
  • 10. • THESE ARE THE MAJOR TYPES AND MEASURES OF MEASURES OF DISPERSION.