Q. In the data set below, what is the variance?1,3,1,2,6,9,6If the answer is a decimal, round it to the nearest tenth.variance (σ2): _____
Calculate Sum Squared Differences: Now, let's calculate the sum of the squared differences from the mean.Σ(xi−mean)2=(1−4)2+(3−4)2+(1−4)2+(2−4)2+(6−4)2+(9−4)2+(6−4)2Σ(xi−mean)2=9+1+9+4+4+25+4Σ(xi−mean)2=56
Divide by Number of Data Points: Finally, we divide the sum of squared differences by the number of data points to find the variance.N=7Variance σ2 = Σ(xi−mean)2/NVariance σ2 = 56/7Variance σ2 = 8
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