Continuous frequency distribution, Applied Statistics

Assignment Help:

Formation of Continuous Frequency Distribution: 

 Continuous frequency distribution is most popular in practice. With reference to the formation of this type of frequency distribution the following technical terms are important.

(1) Class Limits:  The two values   which determine the limit of a group are called class class limits. The lower value is called lower limit whereas the higher value is called upper limit. In the example  given on page No5, 10,20,30,40,50,and 70, are  the lower limits of the related group  while 10, 20, 30, 40, 50, and 70 are upper limits of those groups. Lower limit is expressed by the symbol and the upper limit by.

(2) Magnitude of the Interval:  The difference between   the upper and lower limits of a class is called magnitude of the interval. In the aforesaid example the magnitude of each class interval or group is 10. it is expressed by the symbol.

(3) Mid value or midpoint central size: The central place of class limit is called mid value or midpoint or central size. It is obtained by dividing the sum of both the limit with 2 symbolically.

In the aforesaid example the mid value of the first group is  =10+0/2

Mid value = upper limit +lower limit /2

(4) Class Frequency   The number  of items or observation  corresponding to a particular class is known as frequency of that class .In the aforesaid example  the frequency of (0-10) class is 10, (10-20)  class 25 and similarly  .40,50,350,20,and 10 respectively for    (20-30), (30-40),(40-50),(50-60),and (60-70),  groups, The summation of all the  in division class frequencies being  200   is called  total  frequencies or total number of items.


Related Discussions:- Continuous frequency distribution

Write down the payoff matrix, Two individuals, player 1 and player 2, are  ...

Two individuals, player 1 and player 2, are  competing in an auction to obtain a valuable object. Each player bids in a sealed envelope, without knowing the bid of the other player

Harmonic mean, The Harmonic Mean is based on the reciprocals of numbers ave...

The Harmonic Mean is based on the reciprocals of numbers averaged. It is defined as the reciprocal of the arithmetic mean of the reciprocal of the given individual observations. Th

Determine market interest rate, The interest rate on the three year loan is...

The interest rate on the three year loan is 0.087. Whereas the interest rate on the two year loan is 0.085 as given in A. Suppose that the liquidity premium at t=1 is 0.002 and tha

Dominant strategy equilibrium, Consider the following game: (a) If ...

Consider the following game: (a) If (top, left) is a Weakly Dominant Strategy Equilibrium, then what inequalities must hold among (a, ..., h)? (b) If (top, left) is a Na

Vital statistics, How vital statistics are affects on our human life

How vital statistics are affects on our human life

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

Determine nash equilibria, Two students are sitting in a lecture and consid...

Two students are sitting in a lecture and considering whether to ask a question from the professor (both of them are considering the same question). If they both ask, the questi

Types of cost-reimbursable contracts, Types of cost-reimbursable contracts ...

Types of cost-reimbursable contracts are:   Cost Plus Fixed Fee contract (CPPF): Compensation is based on a fixed sum independent of the final project cost. The customer a

Research tool, what are the characteristics of research tool?

what are the characteristics of research tool?

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