In: Statistics and Probability
Find the sample variance and standard deviation. 23, 16, 3, 8, 11
Sample standard deviation =
Sample variance =
As per data, sample size = n = 5.
Step 1: Find the sample mean =
The mean of a data set is the sum of the terms divided by the total number of terms.
Mean=Sum of terms / Number of terms
Step 2: Create the following table.
23 | 10.8 | 116.64 |
16 | 3.8 | 14.44 |
3 | -9.2 | 84.64 |
8 | -4.2 | 17.64 |
11 | -1.2 | 1.44 |
Step 3: Find the sum of numbers in the last column to get.
Step 4: Calculate sample variance using the below formula.
Step 5: Calculate sample standard deviation () using below formula.
ANS : Sample variance = 58.7 and sample standard deviation = 7.66159