Statistical Average

Learn Statistical Average : Advance

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Description

Statistical average or Measure of central tendency

Objects and Functions of Statistical

Kinds of statistical average Average

(A) Mathematical Average :

1. Mean/ arithmetic mean

2. Geometric mean

3. Harmonic mean

4. Quadratic mean

(B) Average of position :

1. Median

2. Mode

(C) Commercial Average :

1. Moving average

2. Progressive average

3. Composite average

Statistical Series

1. Individual series : Under this category, every item or values are personally shown differently. Under this category and groups of items and values are not made. Values are presented in accordance to the number of items.

2. Discrete series : When there are more classes in an investigation and their values are confirm then individual value (items) which are different from each other and are complete, are written and their frequencies are written in their front. There are two columns, in one column value of items and other column, frequency of each item is written.

3. Continuous series : When data’s are presented on the basis of class intervals, then this series is called continuous series.

MEAN or Arithmetic Mean or Average : Meaning of Mean

Methods of calculation of mean in various series

Individual Series Question

Discreate Series Question

Continuous Series Question

MEDIAN : Meaning of Median

Methods of calculation of Median in various series

Individual Series Question

Discreate Series Question

Continuous Series Question

MODE : Meaning of Mode

Methods of calculation of Mode in various series

Individual Series Question

Discreate Series Question

Continuous Series Question

Partition Values

Quartile :

Calculation of Quartile in individual series

Calculation of quartile in discrete series

Calculation of Quartile in Continuous series

Decile :

Calculation of Decile in individual series

Calculation of Decile in discrete series

Calculation of Decile in Continuous series

Percentile :

Calculation of Percentile in individual series

Calculation of Percentile in discrete series

Calculation of Percentile in Continuous series

What You Will Learn!

  • Statistical average or Measure of central tendency
  • Objects and Functions of Statistical Average
  • Kinds of statistical average
  • Statistical Series
  • Mean or Arithmetic Mean or Average
  • Methods of calculation of mean in various series :
  • 1. Individual series Questions
  • 2. Discrete series Questions
  • 3. continuous series Questions
  • Median : Meaning of Median
  • Characteristics of Median
  • Methods of calculation of Median in various series :
  • 1. Individual Series Questions
  • 2. Discrete series Questions
  • 3. continuous series Questions
  • Mode : Meaning of Mode
  • Methods of calculation of Mode in various series :
  • 1. Individual Series Questions
  • 2. Discrete series Questions
  • 3. continuous series Questions
  • Mean, Median, Mode In One Questions
  • Partition Values
  • Quartiles
  • Decile
  • PERCENTILE

Who Should Attend!

  • Any Student who pursuing in B,com M,com BBA MBA 11th & 12th Commerce C.A. C.S. and C.M.A.