What is the variance of {7, 3, -1, 1, -3, 4, -2}?

1 Answer

Variance σ2=54249=11.0612

Explanation:

Solve the mean ¯x first

¯x=7+3+(1)+1+(3)+4+(2)7=97

Solve Variance σ2

σ2=(797)2+(397)2+(197)2+(197)2+(397)2+(497)2+(297)27

σ2=54249=11.0612

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