What are the variance and standard deviation of {1, 1, 1, 1, 1, 80, 1, 1, 1, 1, 1, 1}?

1 Answer
Jul 14, 2016

The population variance is:

sigma^2 ~= 476.7

and the populations standard deviation is the square root of this value:

sigma ~= 21.83

Explanation:

First, let's assume that this is the entire population of values. Therefore we are looking for the population variance . If these numbers were a set of samples from a larger population, we would be looking for the **sample variance ** which differs from the population variance by a factor of n//(n-1)

The formula for the population variance is

sigma^2=1/N sum_(i=1)^N(x_i-mu)^2

where mu is the population mean, which can be calculated from

mu = 1/N sum_(i=1)^N x_i

In our population the mean is

mu = (1+1+1+1+1+80+1+1+1+1+1+1)/12=91/12=7.58bar3

Now we can proceed with the variance calculation:

sigma^2=(11*(1-7.58bar3)^2+ (80-7.58bar3)^2)/12

sigma^2 ~= 476.7

and the standard deviation is the square root of this value:

sigma ~= 21.83