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In the data set below, what is the variance?\newline2,4,5,3,9,6,62, 4, 5, 3, 9, 6, 6\newlineIf the answer is a decimal, round it to the nearest tenth.\newlinevariance (σ2)(\sigma^2): _____

Full solution

Q. In the data set below, what is the variance?\newline2,4,5,3,9,6,62, 4, 5, 3, 9, 6, 6\newlineIf the answer is a decimal, round it to the nearest tenth.\newlinevariance (σ2)(\sigma^2): _____
  1. Calculate Mean: Calculate the mean of the data set.\newlineMean = (2+4+5+3+9+6+6)/7(2 + 4 + 5 + 3 + 9 + 6 + 6)/7\newlineμ=35/7\mu = 35/7\newlineμ=5\mu = 5
  2. Calculate Squared Differences: Data set: 2,4,5,3,9,6,62, 4, 5, 3, 9, 6, 6
    μ=5\mu = 5
    Calculate the sum of the squared differences from the mean, Σ(xiμ)2\Sigma(x_i - \mu)^2.
    (25)2+(45)2+(55)2+(35)2+(95)2+(65)2+(65)2(2 - 5)^2 + (4 - 5)^2 + (5 - 5)^2 + (3 - 5)^2 + (9 - 5)^2 + (6 - 5)^2 + (6 - 5)^2
    =(3)2+(1)2+(0)2+(2)2+(4)2+(1)2+(1)2= (-3)^2 + (-1)^2 + (0)^2 + (-2)^2 + (4)^2 + (1)^2 + (1)^2
    =9+1+0+4+16+1+1= 9 + 1 + 0 + 4 + 16 + 1 + 1
    =32= 32
  3. Calculate Variance: We know:\newlineΣ(xiμ)2=32\Sigma(x_i - \mu)^2= 32\newlineN=7N= 7\newlineCalculate the variance and round your answer to the nearest tenth.\newlineσ2=Σ(xiμ)2N\sigma^2 = \frac{\Sigma(x_i - \mu)^2}{N}\newlineσ2=327\sigma^2 = \frac{32}{7}\newlineσ24.57142857\sigma^2 \approx 4.57142857\newlineRounded to the nearest tenth: σ24.6\sigma^2 \approx 4.6

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