Q. In the data set below, what is the variance?8,4,5,9,7,9If the answer is a decimal, round it to the nearest tenth.variance (σ2): _____
Calculate Sum Squared Differences: Now, calculate the sum of the squared differences from the mean for each data point. Σ(xi−μ)2=(8−7)2+(4−7)2+(5−7)2+(9−7)2+(7−7)2+(9−7)2=(1)2+(−3)2+(−2)2+(2)2+(0)2+(2)2=1+9+4+4+0+4=22
Find Variance: Finally, divide the sum of squared differences by the number of data points to find the variance.σ2=NΣ(xi−μ)2σ2=622σ2≈3.6667Round the variance to the nearest tenth.σ2≈3.7
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