Applications of statistics in daily life
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Statistics is used to analyze and interpret collected data using measures like the mean, median, and mode. The mean is the average and is used by teachers to analyze student marks and by businesses to examine employee salaries and benefits. The median is the middle value and is used to analyze income distribution and player heights. The mode is the most frequent value and is used to study public transportation usage and the number of patients visiting hospitals. These statistical concepts have various applications in everyday life and business to understand data distributions and make comparisons.
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Before gaining an appreciation for the value of descriptive statistics in behavioral science environments, one must first become familiar with the type of measurement data these statistical processes use. Knowing the types of measurement data will aid the decision maker in making sure that the chosen statistical method will, indeed, produce the results needed and expected. Using the wrong type of measurement data with a selected statistic tool will result in erroneous results, errors, and ineffective decision making.
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- To determine which measure to use, consider if the data has extreme values and whether the most common value is needed over the average. The mean can be skewed by outliers while the median and mode are more robust. The appropriate measure depends on the characteristics of the specific data set.
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PEREYRA, MARIA DANIELA [Autosaved].pptxmariadanielapereyra This document discusses measures of central tendency for ungrouped data. It defines the mean, median and mode as the three common measures of central tendency. It provides examples of calculating each measure for sets of ungrouped data and explains how to find the mean, median and mode. The mean is the average value, the median is the middle value when data is arranged in order, and the mode is the most frequently occurring value. The document also includes an activity for the reader to practice calculating the measures of central tendency for sets of ungrouped data.
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Applications of statistics in daily life
- 1. Applications of statistics in daily life Statistics is the collection of data and its representation or interpretation. Statistics use three means of comparison through the data mean, median &mode
- 2. What is Mean….. Mean is used as one of the comparing properties of statistics. It is defined as the average of all the clarifications.
- 3. Applications of Mean It helps teachers to see the average marks of the students. It is used in factories, for the authorities to recognize whether the benefits of the workers is continued or not. It is also used to contrast the salaries of the workers. To calculate the average speed of anything. It is also used by the government to find the income or expenses of any person. Using this the family could balance their expenses with their average income.
- 4. How to calculate it? Example to find the mean: Find the mean of 4,7,2,9,3. Solution: Mean = (4+7+2+9+3)/5=5.
- 5. What is median & what are its daily applications Median is defined as the middle value of any observation. Its applications in daily life are as follow: It is used to measure the distribution of the earnings Used to find the players height e.g. football players. To find the middle age from the class students. Also used to find the poverty line.
- 6. How to find the median of anything? Example to find the middle value: From the series 7,2,4,9,1,6,8 the middle values is calculated by arranging the series into ascending order that is 1,2,4,6,7,8,9. Here, the median value is 6.
- 7. What is mode & what is its importance in our daily life Mode contains the highest frequency in any data. Its applications areas follows:- It is used to influx of the public transport. The no. of games succeeded by any team of players. The frequency of the need of infants. Used to find the number of the mode is also seen in calculation of the wages, in the patients going to the hospitals, the mode of travel etc.
- 8. How to calculate mode? Example to find mode 1,2,3,3,3,4 In this the mode is 3 because it recurs the most.
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