Problem 8
Question
Find the variance and standard deviation of each set of data to the nearest tenth. {2.4, 5.6, 1.9, 7.1, 4.3, 2.7, 4.6, 1.8, 2.4}
Step-by-Step Solution
Verified Answer
Variance: 3.1, Standard Deviation: 1.8
1Step 1: Calculate the Mean
Find the mean (average) of the data set by summing all the values and dividing by the number of values. The data set is \{2.4, 5.6, 1.9, 7.1, 4.3, 2.7, 4.6, 1.8, 2.4\}. Add these numbers together: \(2.4 + 5.6 + 1.9 + 7.1 + 4.3 + 2.7 + 4.6 + 1.8 + 2.4 = 32.8\). The number of values is 9, so the mean \(\bar{x}\) is \(\frac{32.8}{9} \approx 3.6\).
2Step 2: Calculate the Squared Differences
Subtract the mean from each data point and square the result. This gives: \((2.4 - 3.6)^2 = 1.44\), \((5.6 - 3.6)^2 = 4\), \((1.9 - 3.6)^2 = 2.89\), \((7.1 - 3.6)^2 = 12.25\), \((4.3 - 3.6)^2 = 0.49\), \((2.7 - 3.6)^2 = 0.81\), \((4.6 - 3.6)^2 = 1\), \((1.8 - 3.6)^2 = 3.24\), \((2.4 - 3.6)^2 = 1.44\).
3Step 3: Calculate the Variance
Find the variance by determining the average of the squared differences. Add up all the squared differences: \(1.44 + 4 + 2.89 + 12.25 + 0.49 + 0.81 + 1 + 3.24 + 1.44 = 27.56\). Divide by the number of data points (9) to find the variance: \(\frac{27.56}{9} \approx 3.1\).
4Step 4: Calculate the Standard Deviation
The standard deviation is the square root of the variance. Take the square root of 3.1 to get the standard deviation: \(\sqrt{3.1} \approx 1.8\).
Key Concepts
Mean CalculationSquared DifferencesStandard Deviation
Mean Calculation
The calculation of the mean, often referred to as the average, is a fundamental step in understanding statistics. It provides a central value for the data set, which is useful for comparison and analysis. To find the mean of a set of numbers, follow these steps:
- Add all the numbers in the data set together.
- Count how many numbers are in the data set.
- Divide the total sum by the count of numbers.
Squared Differences
Calculating squared differences is an important step in finding both variance and standard deviation. Once the mean of the data set is calculated, the next step is to see how much each data point deviates from this mean.
- Subtract the mean from each data point to find the deviation.
- Square each deviation.
Standard Deviation
The standard deviation provides a measure of the dispersion or spread in a set of data. It is a critical concept in statistics that reflects how varied the data points are from the mean value. To find the standard deviation, first calculate the variance which involves:
- Summing all squared differences from the mean.
- Dividing this sum by the number of data points in the set to get the variance.
- Standard deviation = \(\sqrt{\text{variance}}\)
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