Question

In: Economics

Sample SAT scores for eight males and eight females are listed Male SAT Scores:     1059    1328   ...

Sample SAT scores for eight males and eight females are listed

Male SAT Scores:     1059    1328    1175    1123    923      1017    1214    1042

Female SAT Scores: 1226    965      841      1053    1056    1393    1312    1222   

(a) Find the range, variance, and standard deviation for each data set.

(b) Interpret the results

Solutions

Expert Solution

a) Range: Sort the values from increasing to decreasing order. Subtract the highest value from the smallest value

Male SAT Scores:

Female SAT Scores:

923

841

1017

965

1042

1053

1059

1056

1123

1222

1175

1226

1214

1312

1328

1393

Male SAT Scores: Range = 1328-923 = 405

Female SAT Scores: Range = 1393-841 = 552

Variance=sum((Xi-Xavg)^2)/n-1

Average of Male SAT Scores = 8881/8= 1110.13

Average of Female SAT Scores = 9068/8= 1133.5

Standard deviation = Sqrt of Variance

Male SAT Scores:

sum((Xi-Xavg)^2)

Female SAT Scores:

sum((Xi-Xavg)^2)

923

35017.64

841

85556.25

1017

8673.20

965

28392.25

1042

4641.70

1053

6480.25

1059

2614.28

1056

6006.25

1123

165.64

1222

7832.25

1175

4208.12

1226

8556.25

1214

10788.98

1312

31862.25

1328

47467.34

1393

67340.25

sum((Xi-Xavg)^2)

113576.88

242026.00

Var

16225.27

34575.14

SD

127.3784

185.94

b) The range, variance and standard deviation is higher for female when compared to male which shows that the female score has more variation and inconsistency when compared to male


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