NCERT Solutions Class 11 Statistics Chapter 5

Extramarks NCERT Solutions is a comprehensive guide for anyone who wants to improve their knowledge on any subject, or concept, or even if they want to go back and use the material studied as a reference. The answers in NCERT Solutions For Class 11 Statistics Chapter 5 provided in PDF format are created based on the CBSE exam template to help students achieve better results.

At Extramarks, the subject experts provide classroom-based NCERT solutions for all classes and subjects, including NCERT Solutions For Class 11 Statistics Chapter 5, to help them prepare for the exam. All these NCERT Solutions For Class 11 Statistics Chapter 5 are explained in great detail and are easy to understand, so students can understand the basic concept of all the topics. Statistics is one of the most important topics in commerce. Now, it is impossible to imagine the economy without Statistics. It is recognised as a major subject and pushes the students’ analytical abilities to the next level. The various positive aspects of statistics in Economics are:

1. Quantitative expression

As it has been mentioned many times, statistics add credibility and specificity to economics by representing data quantitatively. Obviously, the first step to solving an economic problem is to understand its significance using statistical data.

2. Deducting economic theories

A statistical agreement is a very important step in establishing a joint declaration of economic entities. Thus, statistics in economics helps establish theoretical concepts and models by providing evidence.

3. Identify patterns and predict economic events

Armed with statistical tools, economists can easily study data for a specific purpose and identify patterns in the data. This puts them in a great position to predict future trends. Furthermore, this knowledge can be used for future planning.

4. Policy formulation

Policies can make or break a country’s progress. These important decisions are made after a rigorous study of the country’s statistical data. In fact, this is done using statistical tools.

5. Economic balance

Economic equilibrium is the point at which producers and consumers operate, and at this point, both are satisfied with the events in the market. The market equilibrium is inferred using statistics in economics.

6. Comparisons between industries and between industries

Comparisons to a survey division of time or sectors facilitate the purpose of comparison. This means it allows for a broader sense of comparison and also helps check progress. Comparison between different fields means comparison between different sectors. While inter-temporal comparison refers to comparisons between different time periods.

NCERT Solutions For Class 11 Statistics Chapter 5 – Measures Of Central Tendency

NCERT Solutions For Class 11 Statistics Chapter 5 have a lot of benefits. The NCERT Solutions For Class 11 Statistics Chapter 5 are easy to comprehend and can save a lot of time for the students. Students can access all these materials whenever they want. These online NCERT Solutions For Class 11 Statistics Chapter 5 can be downloaded offline and used at the time of the board examinations. Some of the most important benefits of the NCERT Solutions For Class 11 Statistics Chapter 5 are :

Detailed explanations of all questions to enhance concept-based learning. Commerce students can refer to the NCERT Solutions For Class 11 Statistics Chapter 5.

Easy-to-understand language to maximize retention and enhance understanding of the topic.

For each topic, additional practice questions are provided so students can track their progress.

Quality, detail-oriented answers from Extramarks subject experts, tailored to the exam outline and sample format.

Very short answer questions, short answer questions, and long answer questions are included after each chapter for all subjects in different classes. Chapter solutions for Classes 1 to 12 are provided for each subject. NCERT Solutions For Class 11 Statistics Chapter 5 is well categorized for increased usability and a better learning experience. The NCERT Solutions from Class 1 to Class 12 provided by Extramarks can be easily downloaded in PDF format. Therefore, NCERT Solutions For Class 11 Statistics Chapter 5  can be easily accessed from anywhere.

Along with these NCERT solutions, students can also consult other learning materials, including NCERT Solutions For Class 11 Statistics Chapter 5, that are available on the Extramarks website. This learning resource will familiarize students with the topics and concepts. Students can refer to the NCERT Solutions For Class 11 Statistics Chapter 5  for Class 11 Statistics Chapter 5 Measures of Central Tendency.

NCERT Solutions For Class 11 Statistics Chapter 5 is available in PDF format on the Extramarks website. Students should take advantage of the NCERT Solutions For Class 11 Statistics Chapter 5 as an opportunity to gain more knowledge. Students can use soft or hard copies. If they are willing to have a copy, it will be easier to learn without worrying about an internet connection. NCERT Solutions For Class 11 Statistics Chapter 5 also helps students prepare for competitive exams and other board exams.

Measures of Central Tendency

1. Firstly, the NCERT Solutions For Class 11 Statistics Chapter 5 aim to present available measures of central tendency in statistics as students learn how to collect and present data. Next is data analysis and interpretation. To analyse the data, we use three different measures of central tendencies, such as the arithmetic mean, median, and mode.
2. Arithmetic mean
3. The arithmetic mean is a widely used measure for calculating the average of given data. Class 11 Statistics Chapter 5, also discusses two different variations called the mean for clustered data and the mean for unclustered data. The arithmetic mean for each method is the sum of all observations divided by the number of observations. A formula can represent it, and the student can calculate the average of the given data.
4. NCERT Solutions For Class 11 Statistics Chapter 5, Measures of Central Tendency, specifies that there are three different types of methods for calculating the average of scattered and clustered data. These are the direct method, the hypothetical method, and the step division method. Each method may differ for clustered and non-clustered data.
5. In NCERT Solutions For Class 11 Statistics Chapter 5, the answers are well explained with illustrations available on the website of Extramarks.
6. Median
7.  In this section, students are encouraged to study the median, another measure of central tendency. NCERT Solutions For Class 11 Statistics Chapter 5 explains that the median is a simple concept.It is calculated by taking the mean of the two sides of an equal value. However, this is only possible if the size of the series is odd. If a student is asked to find the median of a series of even values, in the middle he takes two terms and they must find the mean of the two terms.
8. Quadrants are another topic that is explained to students. If the total size is divided into four equal parts, then it is called a quarter. It can be calculated separately for two strings.
9. Percent is a topic where the whole size is broken down into 99 parts, reaching into the hundreds.
10. Fashion
11.  The NCERT Solutions For Class 11 Statistics Chapter 5, help students understand each measure of central tendency. Because if students grasp the meaning and formula, it is difficult to forget. Although the mode is the ultimate measure of central tendency, it has many meanings. Mode is a French word that means a fashion value or a value that frequently appears in a set. In a word, it can be said that mode is the value with the highest number of occurrences. For the direct method, students can calculate it directly by checking the website. For the continuous method, there is a specific formula for the mode value.
12. Relative positions of mean, median, and mode in the NCERT Solutions For Class 11 Statistics Chapter 5 also explains to students the location of the three measures of central tendency. If we can wave the triple-magnitude measures in any direction, the moving average should be in the middle. The mode and the mean will be in one of the extreme positions.
13. End
14. Thus, in chapter 5 measures of central tendency have been carefully explained to students by specialist teachers. NCERT Solutions For Class 11 Statistics Chapter 5 provides various examples of the six concepts.

Key Takeaways of NCERT Solutions for Class 11 Statistics Chapter 5 PDF

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