Economy, asked by ananya2929, 4 months ago

explain loss of information in classified data​

Answers

Answered by mohamedshaheedh2712
1

Answer:

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Explanation:

The classification of data as a frequency distribution has an inherent shortcoming. While it summarises the raw data making it concise and comprehensible, it does not show the details that are found in raw data. There is a loss of information in classifying raw data though much is gained by summarising it as a classified data. Once the data are grouped into classes, an individual observation has no significance in further statistical calculations. For example : the class 20–30 contains 6 obervations : 25, 25, 20, 22, 25 and 28. So when these data are grouped as a class 20–30 in the frequency distribution,the latter provides only the number of records in that class (i.e. frequency = 6) but not there actual values. All values in this class are assumed to be equal to the middle value of teh class interval or class mark (i.e. 25). Further statistical calculations are based only on the values of class mark and not on the values of teh observations in that class. This is true for other classes as well. Thus the use of class mark instead of the actual values of the obervations in statistical methods involves considerable loss of information

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