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Statistics Formula

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What is Statistics?

The discipline concerning the compilation, organization, study, interpretation, and presentation of data is statistics. It is traditional to start with a statistical population or a statistical model to be studied when applying statistics to a scientific, industrial, or social problem. It also helps us to explain many observations from it and foresee many possibilities for additional applications. We may find various measurements of central tendencies and the divergence of different values from the centre using statistics.


What Are the Various Statistics Formulas?

The Main Concepts in Statistics Are 

  • Mean

  • Median

  • Mode

  • Standard deviation

  • Variance


Let Us Understand the Above 5 Statistics Formulas With Examples : 

  • Mean: The arithmetical mean is the sum of a set of numbers separated by the number of numbers in the collection, or simply the mean or the average.

  • Median: In a sorted, ascending or descending, list of numbers, the median is the middle number and may be more representative of that data set than the average.

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  • Mode: The mode is the value that most frequently appears in a data value set.

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  • Standard Deviation: A calculation of the amount of variance or dispersion of a set of values is the standard deviation.

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  • Variance: The expectation of the square deviation of a random variable from its mean is variance.

Now let us look at the formula of statistics that can be used while solving the problems.


Basic Statistics Formulas

To solve statistical problems, there are few formulas of statistics that will be used the most, they are as follows :

  • Mean: To calculate the mean of a given data set, we use the following formula, 

Mean (\[\bar{x}\]) = \[\frac{\sum x}{N}\]

  • Median: In the case of the median, we have two different formulas. If we have an odd number of terms in the data set  we use the following formula, 

Median = \[(\frac{n+1}{2})^{th}\] observation

If an even number of terms are given in the data set, we use the following formula, 

Median = \[\frac{(\frac{n}{2})^{th} \; observation + (\frac{n}{2}+1)^{th} \; observation}{2}\]

  • Mode: In the case of clustered frequency distributions, it is not possible to calculate the mode simply by looking at the frequency. We measure the modal class in order to evaluate the data mode in such situations. Inside the modal class, the mode lies.

Mode =  \[l + (\frac{f_{1}-f_{0}}{2f_{1}-f_{0}-f_{2}}) \times h\]

  • Standard Deviation: By evaluating the deviation of each data point relative to the mean, the standard deviation is calculated as the square root of variance.

Standard deviation(𝜎) = \[\sqrt{\frac{\sum (x_{i}-\mu)^{2}}{N}}\]

  • Variance: The variance is defined as the total of the square distances from the mean (μ) of each term in the distribution, divided by the number of distribution terms (N).

Variance(𝜎2) = \[\frac{\sum (x_{i}-\mu)^{2}}{N}\]

These are a few formulas for statistics that are to be used while attempting any statistics problems. 


Conclusion

In statistics, the aim is to gather and analyze vast amounts of numerical data, in particular for the purpose of deducting the proportions in total from those in the representative sample. In statistics, all formulas are given in data sets on which the analysis is done. 

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FAQs on Statistics Formula

1. What is the statistical formula for mean, and where is it applied in CBSE Maths?

The mean is calculated using Mean (\(\bar{x}\)) = \(\frac{\sum x}{N}\), where \(\sum x\) is the sum of all data values and \(N\) is the number of values. In CBSE Maths, this formula is frequently used to determine the average in problems involving grouped or ungrouped data.

2. How do you find the median when the number of observations is even in a data set?

For an even set of observations, first arrange the data in order, then apply: Median = \(\frac{(\frac{n}{2})^{th}\; observation + (\frac{n}{2}+1)^{th}\; observation}{2}\). This formula gives the mean of the two central values in the ordered list.

3. What distinguishes mode from mean and median in statistics?

The mode is the value that appears most frequently in a data set, unlike the mean (which is the average) and the median (which is the middle value). Mode helps identify the most common outcome, which is useful in understanding frequency distributions in CBSE Maths problems.

4. How is standard deviation calculated and what does it indicate about data?

Standard deviation (\(\sigma\)) is given by \(\sqrt{\frac{\sum (x_{i}-\mu)^{2}}{N}}\), where \(x_i\) are the data points and \(\mu\) is the mean. It measures the spread or dispersion of values around the mean, helping identify if data values are closely clustered or widely scattered.

5. What is the practical importance of variance in statistics?

The variance (\(\sigma^2\)) quantifies how far each data point is from the mean, calculated as \(\frac{\sum (x_{i}-\mu)^{2}}{N}\). In CBSE exams, it is essential in evaluating the degree of consistency or variability in data sets, allowing comparisons between different groups or experiments.

6. Why are measures of central tendency (mean, median, mode) crucial for students preparing for CBSE board exams?

Central tendency measures summarize an entire data set with a single representative value. In board exams, understanding and applying mean, median, and mode helps solve diverse problems and demonstrates data analysis skills, which are often tested in short and long answer questions.

7. How can one determine if a data set has a unique mode, and what if multiple modes exist?

If one value occurs most often, the data has a unique mode. If two or more values are tied for highest frequency, the set is bimodal or multimodal. Recognizing this is important for correctly interpreting frequency distribution questions in CBSE assessments.

8. What is the difference between grouped and ungrouped data in the context of statistical formula application?

Ungrouped data refers to individual data points, where mean, median, and mode can be directly calculated. Grouped data organizes data into intervals (classes), and formulas adjust accordingly, such as using class marks or modal class for finding the mode. Board exam questions often require identifying the data type to use the proper formula.

9. How does understanding standard deviation help in comparing two different data sets?

Standard deviation allows students to compare the degree of variation between two data sets. A higher standard deviation means more variability, while a lower value indicates the data points are closer to the mean. This concept is frequently tested in higher-order thinking skill (HOTS) questions in CBSE Maths.

10. What conceptual errors should students avoid when using statistical formulas in CBSE exams?

Students should avoid:

  • Using the median formula without arranging data in order
  • Confusing mode with mean or median
  • Applying formulas for grouped data to ungrouped data or vice versa
  • Forgetting to square differences for variance and standard deviation

Careful attention to formula selection ensures correct answers in board exams.