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In the data set below, what is the variance?\newline2,3,9,3,52, 3, 9, 3, 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?\newline2,3,9,3,52, 3, 9, 3, 5\newlineIf the answer is a decimal, round it to the nearest tenth.\newlinevariance σ2\sigma^2: _____
  1. Calculate squared differences: Now, calculate the squared differences from the mean for each data point.\newline(24.4)2+(34.4)2+(94.4)2+(34.4)2+(54.4)2(2 - 4.4)^2 + (3 - 4.4)^2 + (9 - 4.4)^2 + (3 - 4.4)^2 + (5 - 4.4)^2\newline= (2.4)2+(1.4)2+(4.6)2+(1.4)2+(0.6)2(-2.4)^2 + (-1.4)^2 + (4.6)^2 + (-1.4)^2 + (0.6)^2\newline= 5.76+1.96+21.16+1.96+0.365.76 + 1.96 + 21.16 + 1.96 + 0.36\newline= 31.231.2
  2. Find the variance: Finally, divide the sum of squared differences by the number of data points to find the variance.\newlineσ2=Σ(xiμ)2N\sigma^2 = \frac{\Sigma(x_i - \mu)^2}{N}\newlineσ2=31.25\sigma^2 = \frac{31.2}{5}\newlineσ2=6.24\sigma^2 = 6.24\newlineRound the variance to the nearest tenth.\newlineσ26.2\sigma^2 \approx 6.2

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