80, 85, 72, 76, 95 Find the variance.
variance .... thats standard deviation right? or am i confusing it with something else
Variance the square of the standard deviation.
is*
yeah, I JUST read that lol
(80+85+72+76+95) ------------------ = mean 5
sum(x-mean)^2 -------------- = variance then 5-1
79.3 if I did it right
Why did you divide by 5-1?
yea tht's wht it is:79.3
becasue that the formula in my stat book for sample variance; I think population variance would be /5
What you used is 'S' which is an estimator of the population variance given a sample but to find the variance of this, sample, you divide by n.
why theres a diff between \(\mu\) and \(\bar x\), i got no clue
Mu just means population mean and x bar sample mean, it's useful to have to symbols if you're working with both at the same time.
yeah, but why is sample variance /(n-1); and population variance just /(N)?
hint out of these 4 1) 6.72 2) 63.44 3) 49.23 4) 7.96
The /(n-1) one estimates the variance of the population from a sample and the /n one finds the variance of a population exactly by measuring the whole population.
2 then; 2 relates to population variance
how do we determine when a set of data points relates to a sample or a population?
Yep, it's 2.
You have to read the question carefully. In this case, you're being asked to find the variance of the population: 80, 85, 72, 76, 95. In another question, you may given a sample and asked to estimate the variance of the population the sample is from, in that case, you'd use '/(n-1)'.
Join our real-time social learning platform and learn together with your friends!