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Statistical Methods in Economics


                   Notes          So the discrete data of marks obtained by 25 students is:

                                                 Marks Obtained                 Number of Students
                                                       2                                7
                                                       4                                5
                                                       6                                7
                                                       8                                3
                                                       10                               3
                                  Formation of Continuous Frequency Distribution
                                  In continuous frequency distribution data are divided into class intervals instead of individual values
                                  (as is done in case of discrete frequency distribution) class intervals can be formulated like marks
                                  from 0 to 10, 10 – 20 and so on. Here the magnitude of class interval is 10 marks. (20 – 10 = 10). But it
                                  can be lower, for example, 0 – 5, 5 – 10 and so on or higher, like 0 – 20, 20 – 40 and so on.
                                  Suppose, the marks obtained of 100 students is to be given in continuous series, it can be done as
                                  below:
                                                   Marks Obtained                  Number of Students

                                                        0–10                              14
                                                        10–20                             26
                                                        20–30                             30
                                                        30–40                             20
                                                        40–50                             10
                                                                                          100

                                  This means 14 students obtained marks between ‘0’ (zero) to 10. The marks may lie in any fraction 1/
                                     3   3
                                  4,  3  ,  9  , 9.99 or 10, and likewise. These are called exclusive class intervals.
                                     4   4
                                  Sometimes, the data is given as below:
                                                  Marks Obtained                   Number of Students

                                                      10–19                               4
                                                      20–29                               6
                                                      30–39                               10
                                                      40–49                               10
                                                                                          30
                                  This is called inclusive class arrangement. In this case, a question arises as to in which class the
                                  student getting 9.5 or 29.5 must be placed ? In such a case to ensure continuity following adjustments
                                  must be made:

                                                 Marks obtained                    Number of Students
                                                    9.5–19.5                               4
                                                    19.5–29.5                              6
                                                    29.5–39.5                             10
                                                    39.5–49.5                             10
                                                                                          30




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