Q. In the data set below, what is the variance?4,6,4,8,8,8,4If 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=(4−6)2+(6−6)2+(4−6)2+(8−6)2+(8−6)2+(8−6)2+(4−6)2Σ(xi−mean)2=(−2)2+(0)2+(−2)2+(2)2+(2)2+(2)2+(−2)2Σ(xi−mean)2=4+0+4+4+4+4+4Σ(xi−mean)2=24
Find Variance: Finally, we divide the sum of squared differences by the number of data points to find the variance.Variance σ2 = NΣ(xi−mean)2Variance σ2 = 724Variance σ2≈3.4 (rounded to the nearest tenth)
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