Q. In the data set below, what is the variance?2,7,1,2,5,4If the answer is a decimal, round it to the nearest tenth.variance (σ2): _____
Data Set: Data set: 2,7,1,2,5,4Mean μ=3.5Calculate the sum of the squared deviations from the mean Σ(xi−μ)2.(2−3.5)2+(7−3.5)2+(1−3.5)2+(2−3.5)2+(5−3.5)2+(4−3.5)2=(−1.5)2+(3.5)2+(−2.5)2+(−1.5)2+(1.5)2+(0.5)2=2.25+12.25+6.25+2.25+2.25+0.25$= \(25\).\(5\)
Calculate Sum of Squared Deviations: We have:\(\newline\)\(\Sigma(x_i - \mu)^2= 25.5\)\(\newline\)Number of data points \(N= 6\)\(\newline\)Calculate the variance \(\sigma^2\) and round your answer to the nearest tenth.\(\newline\)\(\sigma^2 = (\Sigma(x_i - \mu)^2)/N\)\(\newline\)\(\sigma^2 = 25.5/6\)\(\newline\)\(\sigma^2 = 4.25\)\(\newline\)Since we need to round to the nearest tenth, \(\sigma^2 \approx 4.3\)
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