Q. In the data set below, what is the variance?8,3,3,8,1,7If the answer is a decimal, round it to the nearest tenth.variance (σ2): _____
Calculate Sum Squared Differences: Now, let's calculate the sum of the squared differences from the mean.(8−5)2+(3−5)2+(3−5)2+(8−5)2+(1−5)2+(7−5)2=32+(−2)2+(−2)2+32+(−4)2+22=9+4+4+9+16+4=46
Find Variance: Finally, we divide the sum of squared differences by the number of values to find the variance.Variance σ2 = Sum of squared differences / Number of valuesVariance σ2 = 646Variance σ2 = 7.666...Rounded to the nearest tenth: 7.7
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