Question

In: Statistics and Probability

Directions from assignment: Calculate the standard deviation for your data. Describe the range of values that...

Directions from assignment: Calculate the standard deviation for your data. Describe the range of values that are within 3 sigma of the mean and the impact it has on the likelihood of a value being in that range in terms of the variable chosen.

My data is : 0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15. I calculated the standard deviation as 4.3 and by using the calculated mean of 7.5. I do not know how to describel the range of values or what they are within 3 sigma of the mean of 7.5 and the impact it has on the likelihood of a value being in that range in terms of the variable chosen. If you could please help me out I would appreciate it. Thanks!

Solutions

Expert Solution

ol:

mean=7.5

X XBAR X-XBAR (X-XBAR)^2
0 7.5 -7.5 56.25
1 7.5 -6.5 42.25
2 7.5 -5.5 30.25
3 7.5 -4.5 20.25
4 7.5 -3.5 12.25
5 7.5 -2.5 6.25
6 7.5 -1.5 2.25
7 7.5 -0.5 0.25
8 7.5 0.5 0.25
9 7.5 1.5 2.25
10 7.5 2.5 6.25
11 7.5 3.5 12.25
12 7.5 4.5 20.25
13 7.5 5.5 30.25
14 7.5 6.5 42.25
15 7.5 7.5 56.25
TOTAL 340
X XBAR X-XBAR (X-XBAR)^2
0 7.5 -7.5 56.25
1 7.5 -6.5 42.25
2 7.5 -5.5 30.25
3 7.5 -4.5 20.25
4 7.5 -3.5 12.25
5 7.5 -2.5 6.25
6 7.5 -1.5 2.25
7 7.5 -0.5 0.25
8 7.5 0.5 0.25
9 7.5 1.5 2.25
10 7.5 2.5 6.25
11 7.5 3.5 12.25
12 7.5 4.5 20.25
13 7.5 5.5 30.25
14 7.5 6.5 42.25
15 7.5 7.5 56.25
TOTAL 340

sample standard deviation=sqrt(340/16-1)

=4.760952

Range of values lies within mean-3sd and mean+3d

mean-3*sd=7.5-3*4.760952= -6.782856

mean+3*sd=.7.5+3*4.760952=21.78286

All the sample data values lies within the range of  -6.782856 and 21.78286


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