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In: Statistics and Probability

Statistics course, chapter of data discription, easy summary of measures of variation with example please.

Statistics course, chapter of data discription,

easy summary of measures of variation with example please.

Solutions

Expert Solution

Solution:

Suppose this id given data

8
10
10
15
15
15
16
19
20
22
23
24
26
28
29
32

Now measures of variation is

variance

standard deviation

Range

IQR (Inter quartile range )

Vaiance stad dev Q1 Q3 max min Range IQR
52.4 7.2388 15 24.5 32 8 24 9.5

variance :

variance is the expectation of the squared deviation of a random variable from its mean. Informally, it measures how far a set of numbers are spread out from their average value.

formula is

standard deviation:

the standard deviation (SD) is a measure of the amount of variation or dispersion of a set of values A low standard deviation indicates that the values tend to be close to the mean of the set,

formula is

Range : is the diffrance between largrest value from data and smallest value from data

IQR (Inter quartile range ) : it the Range of data which lies between midale 50% area .

Thank You..!!

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