29 Nov 2022

87

Statistical Data Analysis: Methods and Techniques

Format: APA

Academic level: College

Paper type: Essay (Any Type)

Words: 417

Pages: 2

Downloads: 0

Data collected from any research does not make sense until a statistical analysis is conducted to help draw conclusions. These analysis include measure of central tendency (median, mean, and mode), and the measure of variation (standard deviation, range, and variance). The mathematical analysis of this essay sourced its data from a research conducted to determine the extra hours spend my undergraduate student in a college (not named) to study during weekends (Sage, 2017). The reason I chose the data below is the area of study that the research concentrated on. I have always had the desire to understand the true weight of studying a particular course and learn about the ease or complexity of various college majors. Besides, the simplicity of the figures (small whole numbers) enticed me to choose this data set. 

College Major  Number of hours 
Economics 
Mathematics 
Statistics 
Literature 
Engineering 
Management 
Computer Science 
Sociology 
Human Resource 
International Relations 
It’s time to jumpstart your paper!

Delegate your assignment to our experts and they will do the rest.

Get custom essay

Measure of Central Tendency 

This is specifically meant to use one number/figure to represent a large set of data. 

Mean – This is the arithmetic average for any set of numeric or statistical data. Mean is calculated by adding all numerical values in a data set followed by dividing through using the total count of entities. 5.5 represents the average number of hours spent on weekends by students in various majors in that particular college. 

 = 5.5 

Median – The median score of any dataset is the figure that evenly divided data into half so that the number of scores are equally distributed below and above the median figure. Data is arranged in ascending or descending order to determine the central figure. If two figures appear at the center, they are averaged. Again 5.5 is the median. 

2, 3, 4, 5, 5, 6, 6, 7, 8, 9 =  = 5.5 

Mode – This is the most repetitive figure in the dataset. In our case we have two values; 5 and 6. 

Measure of Variation 

Variability is the extend by which data in any given datasheet is different (spread out) or clustered (similar). 

Range – Range is the difference between the highest figure and the lowest figure in any statistical data. Once these two figures are identified, they are subtracted from one another, based on magnitude. In this case, 7 is the range. 

2 , 3, 4, 5, 5, 6, 6, 7, 8, 9; 9 – 2 =

Variance – It represents the average of all values deviated from the mean in squared form. It uses the formula: 

Where Σ is summation, M is the mean of the dataset, x is individual score, and N is the total number of entities. From the datasheet, the variance is 4.72 

Hours  Total 
Deviation from mean (x-M)  0.5  -1.5  0.5  1.5  2.5  -2.5  3.5  -3.5   
(x-M) 2  0.25  2.25  0.25  2.25  6.25  6.25  12.25  12.25  42.50 

Applying the formula,   = 4.72 

Standard Deviation – This is the average value by which figures in statistical data vary about the mean value. It is computed by finding the square root of the variance. 

 

  4.72 = 2.17 

References 

Sage, S. (2017). Making Sense of Data: Measure of Central Tendency and Variability . https://us.sagepub.com/sites/default/files/upm-assets/76926_book_item_76926.pdf . 

Illustration
Cite this page

Select style:

Reference

StudyBounty. (2023, September 14). Statistical Data Analysis: Methods and Techniques.
https://studybounty.com/statistical-data-analysis-methods-and-techniques-essay

illustration

Related essays

We post free essay examples for college on a regular basis. Stay in the know!

17 Sep 2023
Statistics

Scatter Diagram: How to Create a Scatter Plot in Excel

Trends in statistical data are interpreted using scatter diagrams. A scatter diagram presents each data point in two coordinates. The first point of data representation is done in correlation to the x-axis while the...

Words: 317

Pages: 2

Views: 187

17 Sep 2023
Statistics

Calculating and Reporting Healthcare Statistics

10\. The denominator is usually calculated using the formula: No. of available beds x No. of days 50 bed x 1 day =50 11\. Percentage Occupancy is calculated as: = =86.0% 12\. Percentage Occupancy is calculated...

Words: 133

Pages: 1

Views: 150

17 Sep 2023
Statistics

Survival Rate for COVID-19 Patients: A Comparative Analysis

Null: There is no difference in the survival rate of COVID-19 patients in tropical countries compared to temperate countries. Alternative: There is a difference in the survival rate of COVID-19 patients in tropical...

Words: 255

Pages: 1

Views: 251

17 Sep 2023
Statistics

5 Types of Regression Models You Should Know

Theobald et al. (2019) explore the appropriateness of various types of regression models. Despite the importance of regression in testing hypotheses, the authors were concerned that linear regression is used without...

Words: 543

Pages: 2

Views: 175

17 Sep 2023
Statistics

The Motion Picture Industry - A Comprehensive Overview

The motion picture industry is among some of the best performing industries in the country. Having over fifty major films produced each year with different performances, it is necessary to determine the success of a...

Words: 464

Pages: 2

Views: 86

17 Sep 2023
Statistics

Spearman's Rank Correlation Coefficient (Spearman's Rho)

The Spearman’s rank coefficient, sometimes called Spearman’s rho is widely used in statistics. It is a nonparametric concept used to measure statistical dependence between two variables. It employs the use of a...

Words: 590

Pages: 2

Views: 309

illustration

Running out of time?

Entrust your assignment to proficient writers and receive TOP-quality paper before the deadline is over.

Illustration