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Lesson 5 of 19

Properties of a Data Set (Histogram / Frequency Polygon)

Histogram

The data in a frequency distribution can be presented using a histogram. A histogram is a bar chart with different intervals on the X-axis and the absolute frequencies on the Y-axis. The histogram for our data is presented below:

Histogram
Histogram
Frequency Polygon

A frequency polygon is similar to a histogram, except that the x-axis plots the mid-point for each interval. Instead of bars, the neighbouring points are connected by lines.

The interval mid points for our frequency intervals are 1, 3, 5, 7, and 9. The frequency polygon will look as follows:

Frequency Polygon
Frequency Polygon
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Relative Frequencies and Cumulative Relative Frequencies

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Measures of Central Tendency

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Statistical Concepts and Market Returns

19 lessons

Lessons

1
Descriptive Vs. Inferential Statistics
2
Types of Measurement Scales
3
Parameter, Sample Statistic, and Frequency Distribution
4
Relative Frequencies and Cumulative Relative Frequencies
5
Properties of a Data Set (Histogram / Frequency Polygon)
6
Measures of Central Tendency
7
Calculating Arithmetic Mean
8
Calculating Weighted Average Mean
9
Calculating Geometric Mean
10
Calculating Harmonic Mean
11
Calculating Median and Mode of a Data Set
12
Quartiles, Quintiles, Deciles, and Percentiles
13
Range and Mean Absolute Deviation
14
Variance and Standard Deviation
15
Chebyshev’s Inequality
16
Coefficient of Variation
17
Sharpe Ratio
18
Skewness and Kurtosis
19
Relative Locations of Mean, Median and Mode

Quizzes

Statistical Concepts and Market Returns
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