Before we start with the data type, we need to understand what exactly data means. We can define Data as the collection of facts and figures that can help you conclude. Apart from the facts, data can be the collection of words, numbers, observation and measurements. Here are the types of data:
Continuous Data: All the data with a range and no fixed value is categorised under continuous data. One can measure the data.
When it comes to data representation, we already know many different ways like Pie charts, Bar charts, etc. Every data can be represented differently. Here are some of the common ones.
A histogram is something similar to the bar graph but a complex version of it. In a histogram, you have the X and Y axis that has rectangles in the entire diagram. Each rectangle’s length or proportion shows the frequency of a particular variable whose class interval is depicted by the rectangles’ width. There should be no gaps between bars as it represents the continuous group data.
Amongst all the representations, the first one that we learn at a young age is the frequency distribution. It is a collection of data values of a variable which is commonly represented as “f”. The table is made using the set of data and arranging them in ascending order of their frequency or magnitude.
Ogive, also known as a cumulative frequency curve, is also an essential part of this chapter. It is the representation of the cumulative frequency distribution of any given grouped data. It is also termed as one of the most efficient ways to analyse data to derive results.
One of the essential elements of the statistics chapter is mean. The arithmetic mean of any data is found using the method:
Mean= Sum of all observation/ Total number of observation
Or Mean x¯ = ∑x/n
X bar is the arithmetic mean in the formula, and the sum of all the observations divided by the total number of observations gives the mean.
The Median of the set of data is defined as the mid-value or middlemost observation of given data. The condition that it needs to satisfy is that the data should be arranged in ascending order. When finding the median, there are two formulas that we use.
When the total number of observations is odd. The formula that is used when n is odd:
Median = [(n+1)/2]th observation
When the total number observations is even the formula that has to be used is:
Median = [(n/2) + (n/2+1)] / 2
Therefore, when you are asked to find the median of a set of observations, you should count the total number of observations first.
This formula is used to get the midpoint of all the observations when the number of observations is more. In this, n is the variable that depicts the total number of observations given in the question. Just insert the value and get the answer.
There is another way by which one can find the median. This formula has to be used when you get a table consisting of grouped data.
Median= l+[ (n/2-c)/f ]xh
or
Median= Mean/{(n/2+1)th +(n/2)th}observations
The third and another essential calculation that is asked to do in statistics is to find the mode. It is defined as the value that has the most frequency in a table. For ungrouped data, it is easy to find the mode as you need to check the value given the most number of times. But when it comes to Grouped data, things do change.
In ungrouped data, the formula to determine mode will be,
Mode= l + [ (fm – f1) / ( 2fm- f1 – f2) ] x h
In this chapter, students learn about the basics of statistics, formulas for mean, median, mode. We learned the types of data representation which includes the use of histograms, frequency distribution and ogive. We also saw the different types of data we study in statistics.