Question

In: Statistics and Probability

The number of sample orders written during each of the last 10 days are listed below....

The number of sample orders written during each of the last 10 days are listed below.

3,6,9,8,7,4,6,5,1,1. Determine population standard deviation and sample variance

Solutions

Expert Solution

Solution:

Given that,

x x2
3 9
6 36
9 81
8 64
7 49
4 16
6 36
5 25
1 1
1 1
x = 50 x 2 = 318

a ) The population variance 2

  2 =x - (( x )2 / n ) / n )

= ( 318 -( (50 )2 / 10 ) / 10

   = 318 - 250/ 10

= 68 / 10

= 6.8

The population variance 2 = 6.8

b ) The population standard deviation is  

   = The population variance

    = 6.8

= 2.61

The population standard deviation is   = 2.61

c ) The  sample variance S2

=x - (( x )2 / n ) / n-1 )

= ( 318 -( (50 )2 / 10 ) / 9

   = 318 - 250/ 9

= 68 / 9

S2 = 7.56

The  sample variance S2 is 7.56


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