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In the data set below, what is the variance?\newline4,8,4,5,44, 8, 4, 5, 4\newlineIf the answer is a decimal, round it to the nearest tenth.\newlinevariance (σ2)(\sigma^2): _____

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Q. In the data set below, what is the variance?\newline4,8,4,5,44, 8, 4, 5, 4\newlineIf the answer is a decimal, round it to the nearest tenth.\newlinevariance (σ2)(\sigma^2): _____
  1. Subtract and Square: Now, subtract the mean from each data point and square the result.\newline(45)2=(1)2=1(4 - 5)^2 = (-1)^2 = 1\newline(85)2=(3)2=9(8 - 5)^2 = (3)^2 = 9\newline(45)2=(1)2=1(4 - 5)^2 = (-1)^2 = 1\newline(55)2=(0)2=0(5 - 5)^2 = (0)^2 = 0\newline(45)2=(1)2=1(4 - 5)^2 = (-1)^2 = 1
  2. Sum Squared Differences: Next, sum up all the squared differences.\newlineSum = 1+9+1+0+11 + 9 + 1 + 0 + 1\newlineSum = 1212
  3. Calculate Variance: Finally, divide the sum of squared differences by the number of data points to find the variance.\newlineVariance σ2\sigma^2 = SumN\frac{\text{Sum}}{N}\newlineVariance σ2\sigma^2 = 125\frac{12}{5}\newlineVariance σ2\sigma^2 = 22.44\newlineRound to the nearest tenth.\newlineVariance σ2\sigma^2 2.4\approx 2.4

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