Median and partition values

Median and partition values

Bachelor of Business Studies (BBS) — First Year

Subject: Business Statistics (MGT 202)

Unit 3: Measures of Central Tendency

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

• Explain the scope and key elements of median and partition values.
• Select suitable statistical procedures, carry out calculations and interpret business results.

Curriculum Scope

• Median
• Partition values

Detailed Microsyllabus

1. Median

   1. Position and calculation for ungrouped data.
   2. Median class and interpolation for grouped data.
   3. Interpretation of the median as a positional average.

2. Partition values

   1. Quartiles, deciles and percentiles.
   2. Locate positions and interpolate when appropriate.
   3. Use partition values to describe the distribution of business observations.

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Curriculum reference: Tribhuvan University, Faculty of Management, BBS curriculum with first-year syllabus, PDF pages 14-16.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit lecture hours apply to the whole unit; no separate topic hours or marks are assigned here.