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 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:
We need to find the value of the Median.
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.
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.
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:
$$ \text{Median} \approx 50 + 1.4583... $$
$$ \text{Median} \approx 51.4583... $$
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.
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 \(\dfrac{1235}{24}\).
| 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. |
Skewness indicates the degree of asymmetry in a frequency distribution. Understanding skewness helps in interpreting the relationship between the mean, median, and mode.
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.
If the data are skewed, which option of central tendency measure is the most unreliable indicator?
In a negatively skewed distribution
If the distribution is negatively skewed, then the:
The first four moments about the mean of distribution are 0, μ 2, 0.7 and 18.75. If the distribution is mesokurtic, the value of μ 2, is
If Mean > Median > Mode, the distribution is: