Q. In the data set below, what is the variance?5,1,8,5,4,4If the answer is a decimal, round it to the nearest tenth.variance (σ2): _____
Subtract and Square: Now, subtract the mean from each data point and square the result.(5−4.5)2+(1−4.5)2+(8−4.5)2+(5−4.5)2+(4−4.5)2+(4−4.5)2= (0.5)2+(−3.5)2+(3.5)2+(0.5)2+(−0.5)2+(−0.5)2= 0.25+12.25+12.25+0.25+0.25+0.25= 25.5
Calculate Sum of Squared Differences: Finally, divide the sum of squared differences by the number of data points to find the variance.Variance σ2 = 625.5Variance σ2 = 4.25Round to the nearest tenth.Variance σ2≈4.3
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