In: Statistics and Probability
Consider the following sample data. Sample A: 4, 6, 8 Sample B: 63, 65, 67 Sample C: 1,010; 1,012; 1,014 (a) Find the mean and standard deviation for each sample. Sample A: Sample B: Sample C: Mean 6 6 Correct 65 65 Correct 1,002 1,002 Incorrect Sample Standard Deviation 3 3 Incorrect 3 3 Incorrect 3 3 Incorrect (b) What does this exercise show about the standard deviation? The idea is to illustrate that the standard deviation is not a function of the value of the mean. The idea is to illustrate that the standard deviation is a function of the value of the mean.
FORMULAS USED:
SAMPLE MEAN:
SAMPLE STANDARD DEVIATION:
(a) MEAN AND STANDARD DEVIATION FOR GIVEN THREE SAMPLES:
SAMPLE A:
Sample mean
Sample standard deviation
4 | -2 | 4 |
6 | 0 | 0 |
8 | 2 | 4 |
SAMPLE B:
Sample mean
Sample standard deviation
63 | -2 | 4 |
65 | 0 | 0 |
67 | 2 | 4 |
SAMPLE C:
Sample mean
Sample standard deviation
1010 | -2 | 4 |
1012 | 0 | 0 |
1014 | 2 | 4 |
(b) STANDARD DEVIATION:
Standard deviation measures the spread of a data distribution and is a function of the value of the mean. Since the standard deviation (2) is close to 0 indicates that the data points tend to be close to the mean. And the variability of data points around the mean is same for all three samples.