Which average is to be used to describe statistical data?, Applied Statistics

Assignment Help:

There are situations where none of the three averages is fully satisfactory. For example, if the number of items in a series is very small, none of these averages has any meaning as a measure of central tendency. Moreover, if the items are what has been called "freakishly deployed" (as when concentrated at one end), an average for the series can be found, but it is not descriptive of the series.

The data available may exclude the use of certain averages. For instance, in open-end distributions, the mean cannot be accurately found. But the median or mode can be used unless the median or modal class happens to be open-ended. In a situation of bimodality, the mode makes no sense as a measure of central tendency.

The characteristics of the averages and the demands of the problem to be solved usually determine which one is to be used. The data may call for a certain average.

In such problems as the average score on personnel tests or the average productivity rate of workers, where the values in the series are really ranks, the median is the average to use. These scores and rates are not additive, that is, they indicate not unit quantities, but rather the position of an individual with respect to other individuals. Therefore, a positional average namely the median is appropriate.

The arithmetic mean is the most commonly used and the best known of the averages, and is preferred unless precluding circumstances are present, such as extreme values at either end of the series or open-end classes, or varying class intervals, or unless we definitely wish to establish the most frequent value or some other positional average. Where further computational techniques are involved in the investigation, the mean is the average to be used.

Great care should be used in choosing an average. On occasions, it may even be advisable to work-out all three averages and present them. The added burden is preferable to the use of a single average that may be an incomplete description.

But considering all these points, the statistician, guided by the desire to present an accurate picture of the data and to command respect, is the final judge of which average is the most appropriate.


Related Discussions:- Which average is to be used to describe statistical data?

Normal curve applications, Replacement times for TV sets are normally distr...

Replacement times for TV sets are normally distributed with a mean of 8.2 years and a standard deviation of 1.1 years. Find the replacement time that separates the top 20% from the

Central tendency, Definition of Central Tendency The central tendency o...

Definition of Central Tendency The central tendency of a variable means a typical value around which other values tend to concentrate which can be measured. Such concentration

Research tool, what are the characteristics of research tool?

what are the characteristics of research tool?

Calculate unbiased estimate of the variance, This question has two parts wi...

This question has two parts with multiple items to answer. You are a psychologist who has collected the subjective well-being scores of a number of elderly people aged 90 or abo

Lorenz curve , Lorenz Curve   It is a graphic method of measur...

Lorenz Curve   It is a graphic method of measuring dispersion. This curve was devised by Dr. Max o Lorenz a famous statistician.  He used this technique for wealth it i

Null and alternative hypothesis, 1) Suppose you want to test a hypothesis t...

1) Suppose you want to test a hypothesis that two treatments, A and B, are equivalent against the alternative that the response for A tend to be larger than those of B. You plan to

Deviation measures, Deviation Measures The drawback of the range as a m...

Deviation Measures The drawback of the range as a measure of dispersion is that it takes into account the values of only two data points - the largest and the smallest. One

Questionnaire, Framing of Questionnaire: Questionnaire is a schedule of...

Framing of Questionnaire: Questionnaire is a schedule of questions which is sent to the respondents for filling in by them in their own handwriting together the information rel

Classical and modern regression, The data in the data frame asset are from ...

The data in the data frame asset are from Myers (1990), \Classical and Modern Regression with Applications (Second Edition)," Duxbury. The response y here is rm return on assets f

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