Question

In: Statistics and Probability

B) The difference between STDEV.S() and STDEV.P(); and the difference between VAR.S() and VAR.P().


B) The difference between STDEV.S() and STDEV.P();
and the difference between VAR.S() and VAR.P().

Expert Solution

Solution :

The difference between STDEV.S() and STDEV.P() and the difference between VAR.S() and VAR.P() are given below with proper screenshots.

STDEV.S () : STDEV.S() is the formula used in MISCROSOFT EXCEL to calculate the Standard Deviation of the Sample drawn from a population.

The formula of calculation of STDEV.S() is given as ,

STDEV.P () : STDEV.P() is the formula used in MISCROSOFT EXCEL to calculate the Standard Deviation of the Population.

The formula of calculation of STDEV.P() is given as ,

VAR.S () : VAR.S() is the formula used in MISCROSOFT EXCEL to calculate the Variance of the Sample drawn from a population..

The formula of calculation of VAR.S() is given as ,

VAR.P () : VAR.P() is the formula used in MISCROSOFT EXCEL to calculate the Variance of the Population.

The formula of calculation of VAR.P() is given as ,

The Screenshot of the Excel Sheet shows the exact values of the above measures :

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