Q. In the data set below, what is the variance?2,3,8,2,1,6,6If the answer is a decimal, round it to the nearest tenth.variance (σ2): _____
Calculate Squared Differences: Now that we have the mean, we calculate the squared differences from the mean for each data point.(2−4)2+(3−4)2+(8−4)2+(2−4)2+(1−4)2+(6−4)2+(6−4)2= (−2)2+(−1)2+(4)2+(−2)2+(−3)2+(2)2+(2)2= 4+1+16+4+9+4+4= 42
Find Variance: Finally, we divide the sum of squared differences by the number of data points to find the variance.Σ(xi−μ)2=42N=7Variance σ2=(Σ(xi−μ)2)/Nσ2=42/7σ2=6Since the variance is a whole number, there is no need to round to the nearest tenth.
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