Q. In the data set below, what is the variance?5,3,2,9,2,4,3If the answer is a decimal, round it to the nearest tenth.variance (σ2): _____
Calculate Mean: Calculate the mean of the data set.Mean = (5+3+2+9+2+4+3)/7μ=28/7μ=4
Calculate Squared Differences: Data set: 5,3,2,9,2,4,3μ=4Calculate the sum of the squared differences from the mean.(5−4)2+(3−4)2+(2−4)2+(9−4)2+(2−4)2+(4−4)2+(3−4)2=(1)2+(−1)2+(−2)2+(5)2+(−2)2+(0)2+(−1)2=1+1+4+25+4+0+1=36
Calculate Variance: We know:Σ(xi−μ)2=36N=7Calculate the variance and round your answer to the nearest tenth.σ2=(Σ(xi−μ)2)/Nσ2=36/7σ2≈5.1 when rounded to the nearest tenth.
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