Calculation for continuous series or grouped data, Applied Statistics

Assignment Help:

Calculation for Continuous Series or Grouped Data

1485_arithmetic mean.png

= 1522_discrete series2.png

where,

m

= mid-point of class
  =  1250_discrete series3.png

f

=   frequency of each class

  N  = 1818_discrete series4.png =  total frequency

A security analyst studied a hundred companies and obtained the following distribution for the dividend declared by these companies during the year 2002. Calculate the average dividend.

 

Dividend declared (in percentage)

0-8

8-16

16-24

24-32

32-40

No. of companies (f)

12

20

25

28

15

 

Dividend declared

Mid-point
 (m)

No. of companies (f)

fm

0-8

4

12

48

8-16

12

20

240

16-24

20

25

500

24-32

28

28

784

32-40

36

15

540

Total

 

100

2112

1485_arithmetic mean.png

  = 359_continuous series.png = 2112/100 =  21.12%

Thus, the average dividend is 21.12 percent.


Related Discussions:- Calculation for continuous series or grouped data

ANOVA, Your company operates a machine shop, and, having heard you had expe...

Your company operates a machine shop, and, having heard you had experience in statistics and design of experiments, consulted you for your opinion on an experiment they want to run

Small sample test for mean, If the sample size is less than 30, then we nee...

If the sample size is less than 30, then we need to make the assumption that X (the volume of liquid in any cup) is normally distributed. This forces    (the mean volume in the sam

Correlation, Definition of Correlation According  to prof, king correla...

Definition of Correlation According  to prof, king correlation means that between two series or group  of data  there  exists  some casual connection  prof, king  has also  exp

Statistical keys, Statistical Keys To do statistical o...

Statistical Keys To do statistical operations we must first set the calculator on SD mode [SD stands for "standard deviation" which is the usual st

Box plot of income, The box plot displays the diversity of data for the inc...

The box plot displays the diversity of data for the income; the data ranges from 20 being the minimum value and 1110 being the maximum value. The box plot is positively skewed at 4

#vital statistics, # I have to make assignment on vital statistics so kindl...

# I have to make assignment on vital statistics so kindly guide me how to make and get good marks

LINEAR PROGRAMMING FOR SOLVNG INEQUALITIES, To use Linear Programming for s...

To use Linear Programming for solving the following inequalities. Following Twin Conditions (as mandated by the Indian Regulatory Authority) Twin Condition I for TV Broadcasters

Use of statistical tool, #question what is the statistical process to redu...

#question what is the statistical process to reduce hardness of water

Demand, A monopolist firm''s demand curve is given by P:100-2q. (a) Find it...

A monopolist firm''s demand curve is given by P:100-2q. (a) Find its marginal revenue function.

Evaluate minimum capability requirement, You are currently working wit...

You are currently working with a supplier who is producing a shaft whose diameter specification is 6.00 ± .003 inches.  Currently, the process is yielding shafts wit

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd