Business Management  ·  Level 6
Business Mathematics And Statistics
Chapter 5: Carry Out Descriptive Statistics
📚 6 Topics
What you will be able to do

By the end of this chapter, you will be able to:

  • correctly calculate the mean to find the average value in a data set
  • accurately determine the median to identify the middle value of ordered data
  • safely find the mode to recognize the most frequently occurring value
  • follow the correct work procedures to ensure your calculations are reliable and precise

Mastering these skills will help you analyze data confidently, making you a valuable problem solver in any business environment.

Descriptive statistics provide essential tools for summarizing and interpreting data in professional settings across Kenya. Whether managing patient records at a county referral hospital, analysing customer transactions in a bank, or evaluating student performance in a TVET college, understanding measures of central tendency helps in making informed decisions. This chapter focuses on calculating and applying key measures such as mean, median, and mode to real-world data sets relevant to various sectors.

5.1 Measures of Central Tendency

Measures of central tendency describe the center point or typical value of a data set, providing a summary statistic that represents the entire distribution. These measures are fundamental in business mathematics and statistics because they simplify complex data into understandable values for decision-making. The three main measures are the mean, median, and mode, each suited for different types of data and contexts.

5.1.1 The Mean (Arithmetic Average)

The mean is the sum of all data values divided by the number of values. It is widely used in financial reports, performance metrics, and quality control in sectors such as retail businesses and county government offices. The formula for the mean of \(n\) observations \(x_1, x_2, \ldots, x_n\) is

$$ \bar{x} = \frac{\sum_{i=1}^n x_i}{n} $$

Worked Examples

Example 1: A retail shop records daily sales (in Ksh) for 5 days as follows: 12,000; 15,000; 13,500; 14,000; 16,500. Find the mean daily sales.

Given: \(n=5\), \(x_1=12,000\), \(x_2=15,000\), \(x_3=13,500\), \(x_4=14,000\), \(x_5=16,500\)

$$ \bar{x} = \frac{12,000 + 15,000 + 13,500 + 14,000 + 16,500}{5} $$

$$ = \frac{71,000}{5} $$

$$ = 14,200 \text{ Ksh} $$

Answer: Mean daily sales = 14,200 Ksh

Example 2: A SACCO tracks loan amounts (in Ksh) disbursed to 6 members: 50,000; 65,000; 55,000; 70,000; 60,000; 80,000. Calculate the mean loan amount.

Given: \(n=6\), \(x_1=50,000\), \(x_2=65,000\), \(x_3=55,000\), \(x_4=70,000\), \(x_5=60,000\), \(x_6=80,000\)

$$ \bar{x} = \frac{50,000 + 65,000 + 55,000 + 70,000 + 60,000 + 80,000}{6} $$

$$ = \frac{380,000}{6} $$

$$ = 63,333.33 \text{ Ksh} $$

Answer: Mean loan amount = 63,333.33 Ksh

Example 3: A county hospital measures the waiting times (in minutes) of 7 patients: 20, 25, 30, 22, 28, 24, 26. Find the mean waiting time.

Given: \(n=7\), \(x_1=20\), \(x_2=25\), \(x_3=30\), \(x_4=22\), \(x_5=28\), \(x_6=24\), \(x_7=26\)

$$ \bar{x} = \frac{20 + 25 + 30 + 22 + 28 + 24 + 26}{7} $$

$$ = \frac{175}{7} $$

$$ = 25 \text{ minutes} $$

Answer: Mean waiting time = 25 minutes

Example 4: A cooperative records the monthly milk production (litres) of 8 farmers: 120, 135, 140, 115, 130, 125, 145, 110. Compute the mean production.

Given: \(n=8\), values as above.

$$ \bar{x} = \frac{120 + 135 + 140 + 115 + 130 + 125 + 145 + 110}{8} $$

$$ = \frac{1020}{8} $$

$$ = 127.5 \text{ litres} $$

Answer: Mean milk production = 127.5 litres

Example 5: A university department records marks of 10 students out of 100: 65, 70, 58, 82, 77, 69, 74, 80, 60, 68. Find the mean mark.

Given: \(n=10\), values as above.

$$ \bar{x} = \frac{65 + 70 + 58 + 82 + 77 + 69 + 74 + 80 + 60 + 68}{10} $$

$$ = \frac{703}{10} $$

$$ = 70.3 $$

Answer: Mean mark = 70.3

5.1.2 The Median (Middle Value)

The median is the middle value in an ordered data set. It is less affected by extreme values and is useful in income distribution analysis, patient stay durations, or any skewed data in sectors like banks or hospitals. To find the median:

  • Arrange data in ascending order.
  • If \(n\) is odd, median is the middle value.
  • If \(n\) is even, median is the average of the two middle values.

Worked Examples

Example 1: Find the median of daily customer visits at a hotel recorded over 7 days: 45, 50, 48, 55, 60, 52, 49.

Given: \(n=7\), values unordered.

Order the data:

$$ 45, 48, 49, 50, 52, 55, 60 $$

Since \(n=7\) (odd), the median is the 4th value:

$$ \text{Median} = 50 $$

Answer: Median daily visits = 50

Example 2: A county government office records the number of documents processed daily for 8 days: 120, 115, 125, 130, 110, 135, 140, 118. Find the median.

Given: \(n=8\), values unordered.

Order the data:

$$ 110, 115, 118, 120, 125, 130, 135, 140 $$

Since \(n=8\) (even), median is average of 4th and 5th values:

$$ \text{Median} = \frac{120 + 125}{2} = \frac{245}{2} = 122.5 $$

Answer: Median documents processed = 122.5

Example 3: A SACCO records the loan repayment durations (months) of 5 members: 12, 15, 10, 20, 18. Find the median repayment duration.

Given: \(n=5\), unordered.

Order:

$$ 10, 12, 15, 18, 20 $$

Median is the 3rd value:

$$ \text{Median} = 15 $$

Answer: Median repayment duration = 15 months

Example 4: A TVET college records test scores of 6 students: 78, 85, 90, 70, 88, 82. Find the median score.

Given: \(n=6\), unordered.

Order:

$$ 70, 78, 82, 85, 88, 90 $$

Median is average of 3rd and 4th values:

$$ \text{Median} = \frac{82 + 85}{2} = \frac{167}{2} = 83.5 $$

Answer: Median test score = 83.5

Example 5: A farm records the weights (kg) of 9 cattle: 250, 270, 260, 255, 275, 265, 280, 290, 240. Find the median weight.

Given: \(n=9\), unordered.

Order:

$$ 240, 250, 255, 260, 265, 270, 275, 280, 290 $$

Median is the 5th value:

$$ \text{Median} = 265 $$

Answer: Median cattle weight = 265 kg

5.1.3 The Mode (Most Frequent Value)

The mode is the value or values that appear most frequently in a data set. It is useful in identifying popular products, common patient diagnoses, or frequent transaction amounts in banks or retail. A data set can be unimodal (one mode), bimodal (two modes), or multimodal (more than two modes).

Worked Examples

Example 1: Find the mode of daily sales (in Ksh) over 10 days: 12,000; 13,000; 12,000; 14,000; 15,000; 12,000; 14,000; 13,000; 15,000; 12,000.

Given: \(n=10\), values as above.

Frequency count:

  • 12,000 appears 4 times
  • 13,000 appears 2 times
  • 14,000 appears 2 times
  • 15,000 appears 2 times

Mode is 12,000.

Answer: Mode daily sales = 12,000 Ksh

Example 2: A bank records the number of transactions per customer in a day: 3, 4, 5, 3, 5, 6, 3, 4, 5, 6, 4. Find the mode.

Frequency count:

  • 3 appears 3 times
  • 4 appears 3 times
  • 5 appears 3 times
  • 6 appears 2 times

Modes are 3, 4, and 5 (multimodal).

Answer: Modes = 3, 4, 5 transactions

Example 3: A hotel records room bookings per day over 8 days: 10, 12, 11, 12, 10, 11, 12, 10. Find the mode.

Frequency count:

  • 10 appears 3 times
  • 11 appears 2 times
  • 12 appears 3 times

Modes are 10 and 12 (bimodal).

Answer: Modes = 10, 12 bookings

Example 4: Student attendance (days) in a course over 9 weeks: 5, 5, 5, 4, 4, 3, 5, 3, 4. Find the mode.

Frequency count:

  • 5 appears 4 times
  • 4 appears 3 times
  • 3 appears 2 times

Mode is 5.

Answer: Mode attendance = 5 days

Example 5: Milk production (litres) per day for 7 cows: 20, 22, 20, 23, 22, 24, 20. Find the mode.

Frequency count:

  • 20 appears 3 times
  • 22 appears 2 times
  • 23 appears 1 time
  • 24 appears 1 time

Mode is 20.

Answer: Mode milk production = 20 litres

5.1.4 Choosing the Appropriate Measure of Central Tendency

Selecting the correct measure depends on the data type and distribution. The mean is sensitive to outliers, the median is robust for skewed data, and the mode is useful for categorical or discrete data. Professionals in various Kenyan sectors must understand these differences to analyze data accurately.

Worked Examples

Example 1: A county referral hospital records daily patient waiting times (minutes): 10, 12, 15, 14, 100. Calculate mean and median and interpret which is better for central tendency.

Given: \(n=5\), values as above.

Mean:

$$ \bar{x} = \frac{10 + 12 + 15 + 14 + 100}{5} = \frac{151}{5} = 30.2 \text{ minutes} $$

Order data:

$$ 10, 12, 14, 15, 100 $$

Median is 3rd value:

$$ \text{Median} = 14 \text{ minutes} $$

Interpretation: The mean is inflated by the outlier (100 minutes), so the median better represents typical waiting time.

Answer: Mean = 30.2 minutes; Median = 14 minutes (better measure)

Example 2: In a retail store, the number of items sold per day over 6 days is: 5, 5, 5, 10, 10, 15. Find mean, median, and mode.

Mean:

$$ \bar{x} = \frac{5 + 5 + 5 + 10 + 10 + 15}{6} = \frac{50}{6} = 8.33 $$

Order data:

$$ 5, 5, 5, 10, 10, 15 $$

Median is average of 3rd and 4th values:

$$ \text{Median} = \frac{5 + 10}{2} = 7.5 $$

Mode is 5.

Interpretation: Mode shows most frequent sales; median and mean give central tendency but differ due to skew.

Answer: Mean = 8.33; Median = 7.5; Mode = 5

Example 3: A bank analyzes loan amounts (Ksh) disbursed: 20,000; 25,000; 30,000; 35,000; 40,000. Calculate mean, median, and mode.

Mean:

$$ \bar{x} = \frac{20,000 + 25,000 + 30,000 + 35,000 + 40,000}{5} = \frac{150,000}{5} = 30,000 $$

Order data (already ordered).

Median is 3rd value:

$$ \text{Median} = 30,000 $$

Mode: No repeated value, no mode.

Interpretation: Mean and median are equal; mode does not exist.

Answer: Mean = 30,000; Median = 30,000; No mode

Example 4: A TVET college records final exam scores: 70, 75, 80, 75, 85, 90, 75. Find mean, median, and mode.

Mean:

$$ \bar{x} = \frac{70 + 75 + 80 + 75 + 85 + 90 + 75}{7} = \frac{550}{7} = 78.57 $$

Order data:

$$ 70, 75, 75, 75, 80, 85, 90 $$

Median is 4th value:

$$ \text{Median} = 75 $$

Mode is 75.

Interpretation: Mode and median show common mark; mean is slightly higher due to high scores.

Answer: Mean = 78.57; Median = 75; Mode = 75

Example 5: A farm measures daily egg production for 8 days: 100, 110, 120, 130, 200, 115, 125, 135. Find mean and median.

Mean:

$$ \bar{x} = \frac{100 + 110 + 120 + 130 + 200 + 115 + 125 + 135}{8} = \frac{1035}{8} = 129.38 $$

Order data:

$$ 100, 110, 115, 120, 125, 130, 135, 200 $$

Median is average of 4th and 5th values:

$$ \text{Median} = \frac{120 + 125}{2} = 122.5 $$

Interpretation: Mean is higher due to outlier 200; median better represents typical production.

Answer: Mean = 129.38; Median = 122.5

Practice Questions

  1. A retail store records weekly sales (Ksh) for 6 weeks: 25,000; 30,000; 28,000; 35,000; 32,000; 30,000. Calculate the mean sales. (4 marks)

  2. Find the median of the following daily customer counts at a hotel: 45, 50, 40, 60, 55, 48, 52. (4 marks)

  3. Determine the mode of the number of products sold per day over 10 days: 12, 15, 12, 14, 15, 12, 13, 14, 15, 13. (4 marks)

  4. For the data set of loan amounts (Ksh): 100,000; 120,000; 110,000; 130,000; 500,000; 115,000, calculate both mean and median and state which is more appropriate. (6 marks)

  5. A cooperative records milk production (litres) for 7 farmers: 200, 220, 210, 230, 240, 210, 220. Calculate mean, median, and mode. (6 marks)

The rest of this chapter
🔒

Create a free account to open more of this chapter.

Free: practical guides, quick cards, workplace scenarios and more.

Create a free account
🔒5.2 Mean: arithmetic mean, weighted arithmetic mean, geometric mean and harmonic mean

In many Kenyan workplaces, from county government offices to banks and agricultural cooperatives, summarizing data sets into representative values is essential for decision-making. The mean is a fundamental measure of central tendency used to describe average…

🔒5.3 Mode

The mode is a fundamental measure of central tendency widely used in descriptive statistics to identify the most frequently occurring value in a data set. In Kenyan professional settings such as county referral hospitals, banks, and retail businesses, understa…

🔒5.4 Median

In Kenyan workplaces such as county referral hospitals, banks, and agricultural cooperatives, understanding the median is essential for analyzing data that may be skewed or contain outliers. The median provides a measure of central tendency that is robust and…

🔒5.5 Measures of Dispersion

Measures of dispersion describe the spread or variability of data values around a central point, usually the mean or median. In Kenyan professional settings such as county hospitals, banks, or retail businesses, understanding dispersion helps in decision-makin…

🔒5.6 Measures of skewness and kurtosis excluding computation of the coefficients

In professional practice across Kenyan sectors such as banking, healthcare, and county government, understanding the shape of data distributions is essential for accurate decision-making. Skewness and kurtosis are two key descriptive statistics that describe t…

Chapter Summary

This chapter covered the fundamental concepts of descriptive statistics essential for analyzing business data. It began with measures of central tendency, introducing the arithmetic mean, weighted arithmetic mean, geometric mean, and harmonic mean, each serving different purposes in data summarization. The chapter then explained the mode as the most frequently occurring value and the median as the middle value separating ordered data. It proceeded to explore measures of dispersion, including range, quartiles, deciles, percentiles, mean deviation, standard deviation, and coefficient of variation, which describe the spread and variability within data sets. Finally, the chapter discussed measures of skewness and kurtosis to understand data distribution shapes, excluding the detailed computation of their coefficients. Together, these tools provide a comprehensive approach to summarizing and interpreting business data effectively.

Self-Assessment

🔒 PDFDownload this self-assessment, with answers

Written Assessment

  1. A SACCO recorded the monthly loan amounts (in Ksh 1,000) for five members as follows: 15, 20, 18, 22, and 25. Calculate the arithmetic mean loan amount. (3 marks)

  2. A county hospital has patient satisfaction scores weighted by number of respondents: Scores 70 (40 patients), 80 (30 patients), 90 (30 patients). Find the weighted arithmetic mean satisfaction score. (4 marks)

🔒8 more in this section.

Chapter Examination Questions

🔒 PDFDownload these examination questions, with model answers

SECTION A (40 Marks) - Answer ALL Questions

  1. The monthly sales (in Ksh thousands) of a retail business over 5 months were 120, 135, 150, 165, and 180. Calculate the arithmetic mean of the sales. (4 marks)
  2. A SACCO has members with shares valued at Ksh 100,000, Ksh 150,000, and Ksh 250,000 respectively. Their annual dividends are 6%, 7%, and 8%. Calculate the weighted arithmetic mean dividend rate. (4 marks)
🔒18 more in this section.
Flashcards 20 cards Study deck ▾
Question
1

↻ Tap card to reveal answer
🔒

18 more in this section.

Create a free account
Test Yourself 20 questions Start quiz ▾
0%
0 / 2
🔒

18 more in this section.

Create a free account
Am I competent?

At the start of this chapter we promised you would be able to:

  • correctly calculate the mean to find the average value in a data set
  • accurately determine the median to identify the middle value of ordered data
  • safely find the mode to recognize the most frequently occurring value
  • follow the correct work procedures to ensure your calculations are reliable and precise

Tick each one you can genuinely do.

So, are you there yet?

You're competent when you can confidently do 50% or more of what this chapter promised.

Sign in to record how you're doing.