Data Analytics (Digital) for Decision Making PDF
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Dr. Ahmed Bakri, Dr. Krisztina Soreg & Mr. Antonio Moya
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Summary
This document covers data analytics, focusing on numerical measures like mean, median, mode, range, variance, and standard deviation. It includes examples and calculations for both population and sample data.
Full Transcript
Dr. Ahmed Bakri, Dr. Krisztina Soreg & Mr. Antonio Moya o o o o Median = ? 75 + 76 ๐๐๐๐๐๐ = = ๐๐. ๐ 2 a. Range: b. Variance: c. Standard Deviation: SAMPLE STANDARD DEVIATION โ(๐โเดฅ ๐) ๐ ๐ตโ๐ ๐ =โ Range = Largest โ Smallest value = 80 โ 20 = 60 X ๐ฟโ๐ (๐ฟ โ ๐)๐ 38 38-28 = 10 102 = 100 26 26-28 = -2 โ22 =...
Dr. Ahmed Bakri, Dr. Krisztina Soreg & Mr. Antonio Moya o o o o Median = ? 75 + 76 ๐๐๐๐๐๐ = = ๐๐. ๐ 2 a. Range: b. Variance: c. Standard Deviation: SAMPLE STANDARD DEVIATION โ(๐โเดฅ ๐) ๐ ๐ตโ๐ ๐ =โ Range = Largest โ Smallest value = 80 โ 20 = 60 X ๐ฟโ๐ (๐ฟ โ ๐)๐ 38 38-28 = 10 102 = 100 26 26-28 = -2 โ22 = 4 13 13-28 = -15 โ152 = 225 41 41-28 = 13 132 = 169 22 22-28 = -6 Total: 140 0 โ62 = 36 534 S๐ก๐๐๐๐๐๐ ๐๐๐ฃ๐๐๐ก๐๐๐ = 106.8 = ๐๐. ๐๐ ๐เดค = โ๐ 85 = = 17 ๐ 5 เดค (๐=mean ; s=standard-deviation ; 3=constant) Step 1 : Compute the sample mean X ๏ฅ X= n = (Hint: You can find the mean using the calculator) $74.26 = $4.95 15 Step 2 : Compute the sample standard deviation ( ๏ X โX s= n โ1 ) 2 (Hint: You can find the standarddeviation using the calculator) ($0.09 โ $4.95) 2 +... + ($16.40 โ $4.95) 2 ) = = $5.22 15 โ 1 Step 3 : Determine the median - the middle value in a set of data, arranged from smallest to largest. In this case the middle value is $3.18, so the median earnings per share is $3.18. Step 4 : Compute the Skewness sk = 3( X โ Median) 3($4.95 โ $3.18) = = 1.017 => Moderate positive skewness. s $5.22