Q. In the data set below, what is the variance?5,6,3,6,4,9,2If the answer is a decimal, round it to the nearest tenth.variance (σ2): _____
Calculate Sum of Squared Differences: Now, let's calculate the sum of the squared differences from the mean.Σ(xi−mean)2=(5−5)2+(6−5)2+(3−5)2+(6−5)2+(4−5)2+(9−5)2+(2−5)2Σ(xi−mean)2=02+12+(−2)2+12+(−1)2+42+(−3)2Σ(xi−mean)2=0+1+4+1+1+16+9Σ(xi−mean)2=32
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 = 732Variance σ2≈4.6 when rounded to the nearest tenth.
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