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First find the mean µ=∑X/N µ =10+60+50+30+40+20 6 µ=210/6=35 Variance=σ =∑ (X-µ) N σ =1750/6 σ =291.7 Standard deviation σ=√ ∑ (X-µ) N N=6 ∑X=210

This document provides instructions for calculating variance, standard deviation, and coefficient of variation from sample data. It defines population and sample variance and standard deviation, and provides the formulas to calculate each from various types of data including individual values, grouped data, and sample data. Examples are shown of calculating each statistic for given sample data sets.

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134 views

First find the mean µ=∑X/N µ =10+60+50+30+40+20 6 µ=210/6=35 Variance=σ =∑ (X-µ) N σ =1750/6 σ =291.7 Standard deviation σ=√ ∑ (X-µ) N N=6 ∑X=210

This document provides instructions for calculating variance, standard deviation, and coefficient of variation from sample data. It defines population and sample variance and standard deviation, and provides the formulas to calculate each from various types of data including individual values, grouped data, and sample data. Examples are shown of calculating each statistic for given sample data sets.

Uploaded by

S- Ajmeri
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Population

Find the variance and standard deviation of given data

No of Values X X-µ (X-µ)2


observation
1 10 10-35=-25 625
2 60 60-35=25 625
3 50 50-35-15 225
4 30 30-35=-5 25
5 40 40-35=5 25
6 20 20-35=-15 225
N=6 ∑X=210 ∑(X-µ)2=1750
First find the mean
µ=∑X/N
µ =10+60+50+30+40+20
6
µ=210/6=35

Variance=σ2=∑(X-µ)2
N

σ2 =1750/6
σ2 =291.7

Standard deviation σ=√ ∑(X-µ)2


N
σ=√291.7
σ=17.1==Standard deviation

Sample
Sample standard deviation is denoted by s
Sample variance is denoted by s2
Variance=s2= ∑(X-X)2
n-1
Standard deviation s =√∑(X-X)2
n-1
Note n=sample size
Values X X-X (X-X)2
9 9-8.5=0.5 0.25
10 10-8.5=1.5 2.25
14 14-8.5=5.5 30.25
7 7-8.5=-1.5 2.25
8 8-8.5=-0.5 0.25
3 3-8.5=-5.5 30.25
∑(X-X)2 =65.5

First find the mean


X =∑X/n

X = 9+10+14+7+8+3 =51/6
6
X=8.5
Standard deviation s =√∑(X-X)2
n-1
s=√65.5
6-1
s=√65.5/5
s=√13.1
s=3.61===standard deviation
For variance squaring on both sides
S2 =13.03==variance

For grouped data

Variance=S2 =n (∑f*X2m) – (∑f*Xm )2


n (n-1)
Standard deviation S =√n (∑f*X2m) – (∑f*Xm )2
n (n-1)

Class f Class mid X2m F* X2m F*Xm


point Xm
5.5 – 10.5 1 8 64 64 8
10.5 – 15.5 2 13 169 338 26
15.5 – 20.5 3 18 324 972 54
20.5 – 25.5 5 23 529 2645 115
25.5 -30.5 4 28 784 3136 112
30.5 35.5 3 33 1089 3267 99
35.5 – 40.5 2 38 1444 2888 76
n= 20 ∑=13,310 ∑=490

Variance=S2 =n (∑f*X2m) – (∑f*Xm )2


n (n-1)

S2= 20 (13,310) – (490)2


20(20-1)
S2 = 266,200 – 240,100
20(19)
S2 = 26100
380
S2 =68.68 ===variance
S =√68.68=8.28===standard deviation

Coefficient of Variation

For Sample

Cvar= Standard deviation/mean= s/X*100


3.61/8.5*100 = 0.424*100=42.4%
For population
Cvar =σ.µ*100

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