Q. In the data set below, what is the variance?7,6,2,8,8,5If the answer is a decimal, round it to the nearest tenth.variance (σ2): _____
Calculate Squared Differences: Now that we have the mean, we calculate the squared differences from the mean for each data point.(7−6)2+(6−6)2+(2−6)2+(8−6)2+(8−6)2+(5−6)2= (1)2+(0)2+(−4)2+(2)2+(2)2+(−1)2= 1+0+16+4+4+1= 26
Find Variance: Finally, we divide the sum of squared differences by the number of data points to find the variance.Σ(xi−μ)2=26N=6Variance σ2=(Σ(xi−μ)2)/Nσ2=26/6σ2≈4.333...Rounded to the nearest tenth: σ2≈4.3
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