100
Something to Think About: “A pediatrician reports that a child is in the 90 th percentile for heights among children of that age.”

Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

  • Upload
    others

  • View
    1

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Something to Think About:

•“A pediatrician reports that a child is in the 90th

percentile for heights among children of that

age.”

Page 2: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Conclusion:

•This means 90% of all children of that age are shorter than the given child. The child is taller

from the average.

Page 3: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Chapter 5Measures of Position

Page 4: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Lesson 5.1Measures of Position for

Ungrouped Data

Page 5: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Measures of Position•These are used to describe

the location of a specific piece of data in relation to

the rest of the sample.

•It is also called as “Measures of Quantiles”

Page 6: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Measures of Position

•Quartiles

•Deciles

•Percentiles

Page 7: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

1. Quartiles

•The values that divide a rank-ordered

data set into four equal parts.

Page 8: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Each set of data has 3 Quartiles:

•1st Quartile

•2nd Quartile

•3rd Quartile

Page 9: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

1st Quartile •It is denoted by 𝑸𝟏.

•It is a number such that at most, ¼ of the data is smaller than 𝑸𝟏 and most ¾ of the data is more than 𝑸𝟏.

Page 10: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

2nd Quartile•It is denoted by 𝑸𝟐.

•It is the media.

•It is a number such that half is less than 𝑸𝟐 and the other half is greater than 𝑸𝟐.

Page 11: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

3rd Quartile•It is denoted by 𝑸𝟑.

•It is a number such that at most ¾ of the data is less than 𝑸𝟑 and at most ¼ of the data is greater than 𝑸𝟑.

Page 12: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

2. Deciles

•The values of the variable that divide a

set of ranked data into ten equal parts.

Page 13: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Note:

•Each set of data has 9 deciles, such

that,𝑫𝟏𝒕𝒐𝑫𝟗.

Page 14: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Percentile

•These are number values of the variable that divide a set of ranked data into

100 equal parts.

Page 15: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Note:

•Each set of data has 99 deciles, such

that,𝑷𝟏𝒕𝒐𝑷𝟗𝟗.

Page 16: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Example 5.1:•Given the following data:

26 51 44 23 25

61 45 65 23 43

41 55 34 35

Find (a) 𝑫𝟒, (b) 𝑷𝟔𝟎, (c)𝑸𝟑, (d) 𝑫𝟕, (e) 𝑷𝟐𝟓 and (f) 𝑸𝟐.

Page 17: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Steps in Solving forMeasures of Position for

Ungrouped Data

Page 18: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Step 1:Arrange the data in

ascending or descending order

Page 19: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Example 5.1:

23 23 25 26 34

35 41 43 44 45

51 55 61 65

Page 20: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Step 2:Solve for the location of the given quartile using the formula for

the location.

Page 21: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Formula 5.1:

•𝑳𝒐𝒄𝒂𝒕𝒊𝒐𝒏 = 𝑷(𝒏+𝟏)

𝒒

Page 22: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Where:•𝒑 = 𝒅𝒆𝒔𝒊𝒓𝒆𝒅 𝒑𝒆𝒓𝒄𝒆𝒏𝒕𝒂𝒈𝒆•𝒏 = 𝒏𝒖𝒎𝒃𝒆𝒓 𝒐𝒇 𝒔𝒄𝒐𝒓𝒆𝒔•𝒒 = 𝒒𝒖𝒂𝒏𝒕𝒊𝒍𝒆 (𝟒, 𝟏𝟎, 𝟏𝟎𝟎)

Page 23: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Step 3:Locate the score

corresponding to the obtained location in

the distribution.

Page 24: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Step 4:If the obtained location is not

exact, interpolate.

Page 25: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Steps in

InterpolationMeasures of Position for

Ungrouped Data

Page 26: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Step 5:Locate the inexact

location, and get the difference between the upper and lower score.

Page 27: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Step 6:Multiply the difference by the decimal part of

the inexact location obtained.

Page 28: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Step 7:Add the

product to the lower score.

Page 29: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Let’s PracticeMeasures of Position for

Ungrouped Data

Page 30: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Solve the following:Find the (a) 𝑸𝟑, (b) 𝑫𝟖 and (c) 𝑷𝟖𝟓.

1. Consider the samples 5, 7, 10, 11.

2. Consider the sample 9, 11, 8, 6 and 10.

3. Consider the samples: 14, 9, 18, 13, 16, 12, 15 and 15.

4. Consider the samples: 12.8, 16.4, 21.6, 20.0, 10.4, 19.1, 18.1, 14.6, 16.6, 11.1, 17.2, 14.0, 13.0, 13.6, 15.3, 16.7, 15.1, 14.4, 19.2, 19.3.

Page 31: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Lesson 5.2Measures of Position for

Grouped Data

Page 32: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Consider the Given Frequency

Distribution:Class Intervals f

62 – 68 8

69 – 75 5

76 – 82 9

83 – 89 11

90 – 96 12

97 – 103 10

104 – 110 5

111 – 117 5

n = 65

From the given frequency distribution, determine:(a)𝑸𝟐;(b)𝑫𝟕;(c)𝑷𝟒𝟓;(d)𝑸𝟑;(e)𝑫𝟑;(f)𝑷𝟗𝟓.

Page 33: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Steps in Solving forMeasures of Position for

Grouped Data

Page 34: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Step 1:Record the cumulative frequencies

Page 35: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Consider the Given Frequency

Distribution:Class Intervals f f≤

62 – 68 8 8

69 – 75 5 13

76 – 82 9 22

83 – 89 11 33

90 – 96 12 45

97 – 103 10 55

104 – 110 5 60

111 – 117 5 65

n = 65

Page 36: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Step 2:Determine the

𝒑𝒏

𝒒and

identify the class

interval where 𝒑𝒏

𝒒falls.

Page 37: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Where:•𝒑 = 𝒅𝒆𝒔𝒊𝒓𝒆𝒅 𝒑𝒆𝒓𝒄𝒆𝒏𝒕𝒂𝒈𝒆•𝒏 = 𝒏𝒖𝒎𝒃𝒆𝒓 𝒐𝒇 𝒔𝒄𝒐𝒓𝒆𝒔•𝒒 = 𝒒𝒖𝒂𝒏𝒕𝒊𝒍𝒆 (𝟒, 𝟏𝟎, 𝟏𝟎𝟎)

Page 38: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Quartile:𝒑𝒏

𝟒

Page 39: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Decile:𝒑𝒏

𝟏𝟎

Page 40: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Percentile:𝒑𝒏

𝟏𝟎𝟎

Page 41: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Step 3:Determine the

Lower Real Limit

Page 42: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Step 4:Use the formula

Page 43: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

pth Quartile:

𝑸𝒑 = 𝑳𝑳𝑹 +

𝒑𝒏𝟒− 𝒇 ≤

𝒇𝒘

Page 44: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

pth Decile:

𝑫𝒑 = 𝑳𝑳𝑹 +

𝒑𝒏𝟏𝟎− 𝒇 ≤

𝒇𝒘

Page 45: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

pth Percentile:

𝑷𝒑 = 𝑳𝑳𝑹 +

𝒑𝒏𝟏𝟎𝟎

− 𝒇 ≤

𝒇𝒘

Page 46: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Final Answer:

𝑸𝟐 = 𝟖𝟗. 𝟏𝟖(𝑴𝒆𝒅𝒊𝒂𝒏)

Page 47: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Final Answer:

𝑫𝟕 = 𝟗𝟔. 𝟖𝟓

Page 48: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Final Answer:

𝑷𝟒𝟓 = 𝟖𝟕. 𝟏𝟏

Page 49: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Final Answer:

𝑸𝟑 = 𝟖𝟎. 𝟓𝟔

Page 50: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Final Answer:

𝑫𝟑 = 𝟗𝟔. 𝟖𝟓

Page 51: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Final Answer:

𝑷𝟗𝟓 = 𝟔𝟏. 𝟕𝟓

Page 52: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Let’s PracticeMeasures of Position for

Ungrouped Data

Page 53: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Consider the Given Frequency

Distribution: From the given frequency distribution, determine:(a)𝑸𝟏;(b)𝑫𝟖;(c)𝑷𝟖𝟓;(d)𝑫𝟑;(e)𝑷𝟐;(f)𝑷𝟔𝟎.

Class Interval

f f≤

7 – 9 2

10 – 12 10

13 – 15 12

16 – 18 9

19 – 21 7

n = 40

Page 54: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Consider the Given Frequency

Distribution: From the given frequency distribution, determine:(a)𝑸𝟑;(b)𝑫𝟓;(c)𝑷𝟔𝟓;(d)𝑫𝟐;(e)𝑷𝟒𝟎;(f)𝑷𝟏𝟓.

Class Interval F f≤

152 – 165 4

138 – 151 7

124 – 137 4

110 – 123 9

96 – 109 13

82 – 95 8

68 – 81 9

54 – 67 11

n = 65

Page 55: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Consider the Given Frequency

Distribution: From the given frequency distribution, determine:(a)𝑸𝟐;(b)𝑫𝟖;(c)𝑷𝟗𝟎;(d)𝑫𝟕;(e)𝑷𝟒𝟓;(f)𝑷𝟏𝟎.

Class Interval F f≤

96 – 100 4

91 – 95 4

86 – 90 6

81 – 85 3

76 – 80 7

71 – 75 3

66 – 70 2

61 – 65 1

n = 30

Page 56: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Lesson 5.3:Other Measures

of Central Tendency

Page 57: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Three Additional Measures of

Central Tendency:

•The Trimean

•The Geometric Mean

•The Trimmed Mean

Page 58: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

The TrimeanOther Measures of

Central Tendency

Page 59: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Trimean•The trimean is the weighted average of

the 25th percentile, the 50th percentile, and the

75th percentile.

Page 60: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Formula:

•𝑻𝒓𝒊𝒎𝒆𝒂𝒏 = 𝑷𝟐𝟓+𝟐𝑷𝟓𝟎+𝑷𝟕𝟓

𝟒

Page 61: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Letting:

•𝑷𝟐𝟓 be the 25th percentile

•𝑷𝟓𝟎 be the 50th

•𝑷𝟕𝟓 be the 75th percentile

Page 62: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Example: The ages of passengers in a

plane going to Barcelona.

37 33 33 32 29 28 28 23

22 22 22 21 21 21 20 20

19 19 18 18 18 18 16 15

14 14 14 12 12 9 6

Page 63: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Step 1:

Using the formula for getting the location,

determine 𝑷𝟐𝟓, 𝑷𝟓𝟎 𝒂𝒏𝒅 𝑷𝟕𝟓.

Page 64: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

𝑷𝟐𝟓37 33 33 32 29 28 28 23

22 22 22 21 21 21 20 20

19 19 18 18 18 18 16 1514 14 14 12 12 9 6

Page 65: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

𝑷𝟓𝟎37 33 33 32 29 28 28 23

22 22 22 21 21 21 20 2019 19 18 18 18 18 16 15

14 14 14 12 12 9 6

Page 66: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

𝑷𝟕𝟓37 33 33 32 29 28 28 2322 22 22 21 21 21 20 20

19 19 18 18 18 18 16 15

14 14 14 12 12 9 6

Page 67: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Table 1. The Percentiles of the ages of

passengers of a plane going to Barcelona.

Percentile Value

25 15

50 20

75 23

Page 68: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Therefore, using the formula:

•𝑻𝒓𝒊𝒎𝒆𝒂𝒏 = 𝟏𝟗. 𝟓

Page 69: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

The Geometric MeanOther Measures of

Central Tendency

Page 70: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Geometric Mean

•The geometric mean is computed by multiplying all the numbers together and then taking the nth

root of the product.

Page 71: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Example:

•Consider the set of data: 1, 10 and 100.

Determine the geometric mean.

Page 72: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Formula:

•𝑮𝒆𝒐𝒎𝒆𝒕𝒓𝒊𝒄 𝑴𝒆𝒂𝒏 = 𝒊=𝟏𝒏 𝒙𝒊

𝟏

𝑵

Page 73: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Π•“Pi”, it is the 16th

letter of the Greek alphabet. It means to

multiply.

Page 74: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Example: The ages of passengers in a

plane going to Barcelona.

37 33 33 32 29 28 28 23

22 22 22 21 21 21 20 20

19 19 18 18 18 18 16 15

14 14 14 12 12 9 6

Page 75: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Therefore, using the formula:

•𝑮𝒆𝒐𝒎𝒆𝒕𝒓𝒊𝒄 𝑴𝒆𝒂𝒏 = 𝟏𝟗. 𝟏𝟎

Page 76: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Note:

•The geometric mean only makes sense if all

the numbers are positive.

Page 77: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

What is the application of

geometric mean in real life?

•In business world, the geometric mean is an

appropriate measure to use for averaging rates.

Page 78: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Example:

•For example, consider a stock portfolio that began with a

value of $1,000 and had annual returns of 13%, 22%,

12%, -5%, and 13%.

Page 79: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Annual Rate of Return•In finance, it is a profit on an investment. It comprises any

change in value and interest or dividends or other such cash

flows which the investor receives from the investment.

Page 80: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Table 2. The annual returns of

a stock portfolio

Year Return Value

1 13% $1,130

2 22% $1,379

3 12% $1,544

4 -5% $1,467

5 -13% $1,276

Page 81: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Question:

•How to compute the average annual

rate of return?

Page 82: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Answer:

•To compute the geometric mean of

the returns.

Page 83: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

How:•Instead of using the

percentages, each return is represented as a multiplier

indicating how much higher the value is after the year.

Page 84: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Then:•1.13 for a 13% return

•1.22 for a 22% return

•1.12 for a 12% return

•0.95 for a -5% return

•0.87 for a -13%

Page 85: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Therefore:

•The geometric mean of these multipliers is 1.05. Therefore, the average

annual rate of return is 5%.

Page 86: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Comparing:•The table 3 shows how a portfolio gaining 5% a year

would end up with the same value ($1,276) as

shown in table 2.

Page 87: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Table 3. The annual returns of

a stock portfolio

Year Return Value

1 5% $1,050

2 5% $1,103

3 5% $1,158

4 5% $1,216

5 5% $1,276

Page 88: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

The Trimmed MeanOther Measures of

Central Tendency

Page 89: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Trimmed Mean•To compute a trimmed

mean, you remove some of the higher and lower scores and compute the mean of

the remaining scores.

Page 90: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

10% trimmed mean•A mean trimmed 10% is a mean computed with 10% of the scores trimmed off: 5% from the bottom and

5% from the top.

Page 91: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

50% trimmed mean•A mean trimmed 50% is

computed by trimming the upper 25% of the scores and the lower 25% of the scores and computing the mean of

the remaining scores.

Page 92: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Do you know?•The trimmed mean is

similar to the median which, in essence, trims the upper 49+% and the lower

49+% of the scores.

Page 93: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Do you know?

•The trimmed mean is a hybrid of the

mean and median.

Page 94: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Example:•Compute the mean trimmed 20% for the

ages of passengers of a plane going to

Barcelona.

Page 95: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Remove the lower 10% of the

scores:

37 33 33 32 29 28 28 23

22 22 22 21 21 21 20 20

19 19 18 18 18 18 16 15

14 14 14 12 12 9 6

Page 96: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Remove the upper 10% of the

scores:

37 33 33 32 29 28 28 23

22 22 22 21 21 21 20 20

19 19 18 18 18 18 16 15

14 14 14 12 12 9 6

Page 97: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Using the Arithmetic Mean formula:

𝑻𝒓𝒊𝒎𝒎𝒆𝒅𝑴𝒆𝒂𝒏 = 𝟐𝟎. 𝟏𝟔

Page 98: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Let’s PracticeOther Measures of

Central Tendency

Page 99: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Solve the following problem:

(1 – 25) Given: 45, 67, 74, 48, 32, 10, 8, 61, 11, 12, 11, 14, 15, 11, 15, 21, 5, 55, 24, 30, 31

Determine the following:

(1)The trimean

(2)The geometric mean

(3)The (a) 30% trimmed mean, (b) 50% trimmed mean and (c) 80% trimmed mean

Page 100: Something to Think About: “A pediatrician reports...Conclusion: • This means 90% of all children of that age are shorter than the given child. The child is taller from the average

Solve the following problem:(26 – 30) Would it make sense to takethe geometric mean of these numbers:-9, -6, -4, -2, 0, 3, 5? Justify youranswer.

(31-35) What is (1) the trimean and (2)the geometric mean of: 2, 4, 5, 6, 6, 6,6, 10, 10, 10, 10, 10, 12, 12, 12, 12, 12?