What are the variance and standard deviation of {8, 29, 57, 3, 8, 95, 7, 37, 5, 8}?

1 Answer
Jan 21, 2016

s=sigma^2=815.41-> variance

sigma=28.56-> 1 standard deviation

Explanation:

The variance is a sort of mean measure of the variation of the data about the line of best fit.

It is derived from: sigma^2=(sum (x-barx))/n

Where sum means add it all up

barx is the mean value (sometimes they use mu)

n is the count of data used

sigma^2 is the variance (sometimes they use s)

sigma is one standard deviation

This equation, with a bit of manipulation end up as:

sigma^2=(sum(x^2))/n - barx^2" " for variance

sigma=sqrt((sum(x^2))/n - barx^2) " " for 1 standard deviation
'~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Rather than building a table of values I used a calculator to do the work for me:

sigma^2=(sum(x^2))/n - barx^2" "

becomes:

sigma^2=14759/10-(25.7)^2

s=sigma^2=815.41-> variance

sigma=28.56-> 1 standard deviation