Q. In the data set below, what is the variance?6,1,4,5,1,2,2If the answer is a decimal, round it to the nearest tenth.variance (σ2): _____
Calculate Sum Squared Differences: Now, we will calculate the sum of the squared differences from the mean for each data point.Σ(xi−μ)2=(6−3)2+(1−3)2+(4−3)2+(5−3)2+(1−3)2+(2−3)2+(2−3)2=(3)2+(−2)2+(1)2+(2)2+(−2)2+(−1)2+(−1)2=9+4+1+4+4+1+1=24
Divide by Number of Data Points: Finally, we will divide the sum of squared differences by the number of data points to find the variance.Number of data points N=7Variance σ2=NΣ(xi−μ)2σ2=724σ2≈3.42857142857Rounded to the nearest tenth, σ2≈3.4
More problems from Variance and standard deviation