Full text: An Introduction to the theory of statistics

3323 THEORY OF STATISTICS. 
rucians, or Table IV., ref. 16, in Appendix I.) gives the values 
directly, and these have been utilised for tle following : the 
student can estimate the values roughly by a combined use of the 
area and ordinate tables for the normal curve given in Chapter 
XV., remembering to divide the ordinates given in that table by 
J/27 50 as to make the area unity— Value of 3, 
Median . . 0-3989423 
Deciles 4 and 6 . 03863425 
9. oand 7 : v ; 0:3476926 
si and 8 : : 0-2799619 
sit sliand 9 . . 01754983 
Quartiles ; 03177766 
Inserting these values of y, in equation (1), we have the 
following values for the standard errors of the median, deciles, 
etc., and the values given in the second column for their probable 
errors (Chap. XV. § 17), which the student may sometimes find 
useful :— 
Standard error is Probable error is 
o/Nn multiplied by o/Nn multiplied by 
Median : . 125331 084535 
Deciles 4 and 6 . 1-26804 0-85528 
ni 9 and THE . 1:31800 0-88897 
yw £2 and 3H 1-42877 0:96369 
yw Sl and 1-70942 1-15298 
Quartiles . 1-36263 0-91908 
It will be seen that the influence of fluctuations of sampling on 
the several percentiles increases as we depart from the median: 
the standard error of the quartiles is nearly one-tenth greater than 
that of the median, and the standard error of the first or ninth 
deciles more than one-third greater. 
5. Consider further the influence of the form of the frequency- 
distribution on the standard error of the median, as this is an 
important form of average. For a distribution with a given 
number of observations and a given standard-deviation the 
standard error varies inversely as y,. Hence for a distribution in 
which y, is small, for example a U-shaped distribution like that 
of fig. 18 or fig. 19, the standard error of the median will be 
relatively high, and it will, in so far, be an undesirable form of 
average to employ. On the other hand, in the case of a distribu- 
tion which has a high peak in the centre, so as to exhibit a value 
of y, large compared with the standard-deviation, the standard 
error of the median will be relatively low. We can create such a 
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