Q. In the data set below, what is the variance?2,2,1,8,4,3,1If 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=(2−3)2+(2−3)2+(1−3)2+(8−3)2+(4−3)2+(3−3)2+(1−3)2Σ(xi−mean)2=(−1)2+(−1)2+(−2)2+(5)2+(1)2+(0)2+(−2)2Σ(xi−mean)2=1+1+4+25+1+0+4Σ(xi−mean)2=36
Find Variance: Finally, we divide the sum of squared differences by the number of data points to find the variance.Variance σ2 = NΣ(xi−mean)2Variance σ2 = 736Variance σ2≈5.1 (rounded to the nearest tenth)
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