← GSEB Class 11
Statistics
Chapter Overview
Measures of central tendency (mean, median, mode) describe data centers. Measures of dispersion (range, variance, standard deviation) describe data spread. The chapter covers these for grouped and ungrouped data. Coefficient of variation compares variability of different data sets.
Topics Covered
- Mean, Median, Mode
- Measures of Dispersion
- Mean Deviation
- Variance and Standard Deviation
- Coefficient of Variation
- Frequency Distributions
Key Formulas
Mean = sum fixi / sum fi
Variance = sum fi(xi - mean)2 / N
Standard deviation = √variance
CV = (stdev/mean) x 100%
Real-World Applications
Applications: Research, business analytics, quality control, economics, and data science.
Study Tips
Tip: Practice with both grouped and ungrouped data
Tip: Understand variance vs standard deviation
Tip: CV is key for comparing datasets