In a data set what is the variance of 68194
Answers
The variance of a set of ’n’ values x1, x2, x3,…,xn with mean ‘x’ measures actually the amount of spread or scatterness of the values x1, x2,…, xn from their mean ‘x’ and is given by the formula ;
1/n (summation (xi-x)^2) ( i =1 (|) n )..(i)
Thus variance of a constant always results in 0 as a constant value has mean as itself and it is ‘0’ units scattered from itself→this is the logic.
Also, putting xi=c ( a constant ) in (i) we get the same result mathematically..
1/n (summation (c-c)^2) = 0
As, 68194 is a constant value its variance is ‘0’.
Question :- What is the variance of the data set :-
86, 49, 63, 90, 82, 98, 36.
Solution :-
we know that,
- Mean = sum of all observations / Total number of observations
so,
→ Mean of given data = xi = (86 + 49 + 63 + 90 + 82 + 98 + 36) / 7 = 504 / 7 = 72 .
then,
x (x - xi) (x - xi)²
86 (-12) 144
49 (-23) 529
63 (-9) 81
90 18 324
82 10 100
98 26 676
36 36 1296
⅀(x - xi)² = 3150
therefore ,
→ variance of the set of data = ⅀(x - xi)² / (n - 1)
→ variance of the set of data = 3150 / (7 - 1)
→ variance of the set of data = 3150 / 6
→ variance of the set of data = 525 (Ans.)
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