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In the data set below, what is the variance?\newline1,3,8,9,7,51, 3, 8, 9, 7, 5\newlineIf the answer is a decimal, round it to the nearest tenth.\newlinevariance (σ2)(\sigma^2): _____

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Q. In the data set below, what is the variance?\newline1,3,8,9,7,51, 3, 8, 9, 7, 5\newlineIf the answer is a decimal, round it to the nearest tenth.\newlinevariance (σ2)(\sigma^2): _____
  1. Calculate Sum Squared Differences: Now, let's calculate the sum of the squared differences from the mean.\newline(15.5)2+(35.5)2+(85.5)2+(95.5)2+(75.5)2+(55.5)2(1 - 5.5)^2 + (3 - 5.5)^2 + (8 - 5.5)^2 + (9 - 5.5)^2 + (7 - 5.5)^2 + (5 - 5.5)^2\newline= (4.5)2+(2.5)2+(2.5)2+(3.5)2+(1.5)2+(0.5)2(-4.5)^2 + (-2.5)^2 + (2.5)^2 + (3.5)^2 + (1.5)^2 + (-0.5)^2\newline= 20.25+6.25+6.25+12.25+2.25+0.2520.25 + 6.25 + 6.25 + 12.25 + 2.25 + 0.25\newline= 47.547.5
  2. Find Variance: Finally, we divide the sum of squared differences by the number of data points to find the variance.\newlineVariance σ2\sigma^2 = Sum of squared differences / Number of data points\newlineVariance σ2\sigma^2 = 47.56\frac{47.5}{6}\newlineVariance σ2\sigma^2 = 77.916666916666...\newlineRounded to the nearest tenth, the variance is 7.97.9.

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