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In the data set below, what is the variance?\newline7,9,8,8,57, 9, 8, 8, 5\newlineIf the answer is a decimal, round it to the nearest tenth.\newlinevariance (σ2)(\sigma^2): _____

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Q. In the data set below, what is the variance?\newline7,9,8,8,57, 9, 8, 8, 5\newlineIf the answer is a decimal, round it to the nearest tenth.\newlinevariance (σ2)(\sigma^2): _____
  1. Calculate Variance: question_prompt: Calculate the variance for the data set 7,9,8,8,57, 9, 8, 8, 5.
  2. Subtract and Square: Now, subtract the mean from each data point and square the result.\newline(77.4)2=(0.4)2=0.16(7 - 7.4)^2 = (-0.4)^2 = 0.16\newline(97.4)2=(1.6)2=2.56(9 - 7.4)^2 = (1.6)^2 = 2.56\newline(87.4)2=(0.6)2=0.36(8 - 7.4)^2 = (0.6)^2 = 0.36\newline(87.4)2=(0.6)2=0.36(8 - 7.4)^2 = (0.6)^2 = 0.36\newline(57.4)2=(2.4)2=5.76(5 - 7.4)^2 = (-2.4)^2 = 5.76
  3. Add Squared Differences: Add up all the squared differences.\newlineSum of squared differences = 0.16+2.56+0.36+0.36+5.760.16 + 2.56 + 0.36 + 0.36 + 5.76\newlineSum of squared differences = 9.29.2
  4. Divide for Variance: Divide the sum of squared differences by the number of data points to get the variance.\newlineVariance σ2\sigma^2 = 9.25\frac{9.2}{5}\newlineVariance σ2\sigma^2 = 11.8484\newlineRound to the nearest tenth.\newlineVariance σ2\sigma^2 1.8\approx 1.8

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