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Question

The following measures were computed for a moderately symmetrical frequency distribution: mean = 50, coefficient of variation = 35% and Karl Pearson's Coefficient of Skewness = - 0.25. The value of the median of the distribution is:

This question was previously asked in
SSC CGL 2019 (Tier 2) GS Finance & Economics Previous Year Paper (17-Nov-2020)
The correct answer is \(\dfrac{1235}{24}\)

Understanding Frequency Distribution Measures

This problem involves calculating the median of a moderately symmetrical frequency distribution using given statistical measures: the mean, the coefficient of variation, and Karl Pearson's coefficient of skewness.

Let's break down the given information:

  • Mean ($\bar{x}$) = 50
  • Coefficient of Variation (CV) = 35% = 0.35
  • Karl Pearson's Coefficient of Skewness ($S_k$) = -0.25

We need to find the value of the Median.

Using the Coefficient of Variation (CV)

The coefficient of variation relates the standard deviation to the mean. The formula for CV is:

$$ \text{CV} = \frac{\text{Standard Deviation} (\sigma)}{\text{Mean} (\bar{x})} \times 100 $$

Given CV = 35% and Mean = 50, we can find the Standard Deviation ($\sigma$).

$$ 0.35 = \frac{\sigma}{50} $$

Solving for $\sigma$:

$$ \sigma = 50 \times 0.35 $$

$$ \sigma = 17.5 $$

The standard deviation of the distribution is 17.5.

Using Karl Pearson's Coefficient of Skewness ($S_k$)

Karl Pearson's coefficient of skewness relates the difference between the mean and the mode to the standard deviation. The formula is:

$$ S_k = \frac{\text{Mean} - \text{Mode}}{\text{Standard Deviation}} $$

Given $S_k = -0.25$, Mean = 50, and $\sigma = 17.5$, we can find the Mode.

$$ -0.25 = \frac{50 - \text{Mode}}{17.5} $$

Multiply both sides by 17.5:

$$ -0.25 \times 17.5 = 50 - \text{Mode} $$

$$ -4.375 = 50 - \text{Mode} $$

Rearrange the equation to solve for Mode:

$$ \text{Mode} = 50 + 4.375 $$

$$ \text{Mode} = 54.375 $$

The mode of the distribution is 54.375.

Finding the Median using Empirical Relation

For a moderately asymmetrical frequency distribution, there is an empirical relationship between the Mean, Median, and Mode:

$$ \text{Mean} - \text{Mode} \approx 3 \times (\text{Mean} - \text{Median}) $$

We have the Mean = 50 and Mode = 54.375. We can substitute these values into the formula to find the Median.

$$ 50 - 54.375 = 3 \times (50 - \text{Median}) $$

$$ -4.375 = 3 \times (50 - \text{Median}) $$

Divide both sides by 3:

$$ \frac{-4.375}{3} = 50 - \text{Median} $$

$$ -1.4583... \approx 50 - \text{Median} $$

Rearrange to solve for Median:

$$ \text{Median} \approx 50 + 1.4583... $$

$$ \text{Median} \approx 51.4583... $$

Comparing with the Options

Now, let's evaluate the given options to see which one matches our calculated median value ($\approx 51.4583...$).

Option Value Decimal Value
1. \(\dfrac{435}{8}\) \(\dfrac{435}{8}\) 54.375
2. \(\dfrac{835}{24}\) \(\dfrac{835}{24}\) \(34.7916...\)
3. \(\dfrac{1235}{24}\) \(\dfrac{1235}{24}\) \(51.4583...\)
4. \(\dfrac{835}{16}\) \(\dfrac{835}{16}\) 52.1875

Comparing the decimal values, option 3, \(\dfrac{1235}{24}\), is approximately 51.4583..., which matches our calculated value for the median.

Conclusion

Using the given mean, coefficient of variation, and Karl Pearson's coefficient of skewness, and applying the empirical relationship for a moderately asymmetrical distribution, we found the median to be approximately 51.4583..., which corresponds to the fraction \(\dfrac{1235}{24}\).

Revision Table: Frequency Distribution Measures

Measure Description Relevance in Problem
Mean Average of the data points. Given value used in CV, Skewness, and Empirical formulas.
Coefficient of Variation (CV) Relative measure of dispersion. Ratio of standard deviation to mean. Used to find the standard deviation.
Standard Deviation (\(\sigma\)) Measure of spread of data points around the mean. Calculated from CV and Mean, used in Skewness formula.
Karl Pearson's Coefficient of Skewness (\(S_k\)) Measure of the asymmetry of the distribution. Given value used to find the mode.
Mode The value that appears most frequently. Calculated from \(S_k\), Mean, and Standard Deviation.
Median The middle value when data is ordered. The value we needed to calculate using the empirical formula.
Empirical Relationship Approximate relation between Mean, Median, and Mode (\(\text{Mean} - \text{Mode} \approx 3(\text{Mean} - \text{Median})\)). Crucial formula used to find the Median.

Additional Information: Skewness and Distribution Shapes

Skewness indicates the degree of asymmetry in a frequency distribution. Understanding skewness helps in interpreting the relationship between the mean, median, and mode.

  • Symmetrical Distribution: In a perfectly symmetrical distribution (like a normal distribution), the Mean, Median, and Mode are all equal. The skewness is 0.
  • Positively Skewed Distribution (Right Skewed): The tail of the distribution is longer on the right side. Mean > Median > Mode. Karl Pearson's coefficient of skewness is positive.
  • Negatively Skewed Distribution (Left Skewed): The tail of the distribution is longer on the left side. Mode > Median > Mean. Karl Pearson's coefficient of skewness is negative.

In this problem, the Karl Pearson's coefficient of skewness is -0.25, which is negative. This indicates a negatively skewed distribution, meaning the Mode is generally greater than the Median, and the Median is generally greater than the Mean (Mode > Median > Mean). Our calculated values align with this: Mode (54.375) > Median (51.4583...) > Mean (50).

The empirical formula used, \(\text{Mean} - \text{Mode} \approx 3(\text{Mean} - \text{Median})\), is a good approximation for moderately skewed distributions, which is stated in the problem.

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