Q. In the data set below, what is the variance?4,4,6,7,8,7If the answer is a decimal, round it to the nearest tenth.variance (σ2): _____
Calculate Sum Squared Differences: Now, calculate the sum of the squared differences from the mean for each data point. Σ(xi−μ)2=(4−6)2+(4−6)2+(6−6)2+(7−6)2+(8−6)2+(7−6)2=(−2)2+(−2)2+(0)2+(1)2+(2)2+(1)2=4+4+0+1+4+1=14
Find Variance: Finally, divide the sum of squared differences by the number of data points to find the variance.N=6 (number of data points)σ2=NΣ(xi−μ)2σ2=614σ2≈2.333...Round to the nearest tenth.σ2≈2.3
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