Q. In the data set below, what is the variance?3,3,7,7,3,7If 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=(3−5)2+(3−5)2+(7−5)2+(7−5)2+(3−5)2+(7−5)2Σ(xi−mean)2=(−2)2+(−2)2+(2)2+(2)2+(−2)2+(2)2Σ(xi−mean)2=4+4+4+4+4+4Σ(xi−mean)2=24
Calculate Variance: Finally, we calculate the variance by dividing the sum of squared differences by the number of data points. Variance σ2 = NΣ(xi−mean)2Variance σ2 = 624Variance σ2 = 4
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