Calculate the variance for the data set. Round your answer to the nearest hundredth. Show all of your steps. {10, 19, 21, 28, 12, 20, 16}

simple

1 answer

To calculate the variance for the data set 10,19,21,28,12,20,16, follow these steps:

Step 1: Find the mean

First, we need to calculate the mean (average) of the data set.

Mean=Sum of all data pointsNumber of data points

Calculating the sum:

10+19+21+28+12+20+16=126

Counting the number of data points, we have 7 data points.

Now, calculate the mean:

Mean=1267=18

Step 2: Calculate each data point's deviation from the mean

Next, we will calculate the deviation of each data point from the mean and then square it:

  • (1018)2=(8)2=64
  • (1918)2=(1)2=1
  • (2118)2=(3)2=9
  • (2818)2=(10)2=100
  • (1218)2=(6)2=36
  • (2018)2=(2)2=4
  • (1618)2=(2)2=4

Step 3: Sum of squared deviations

Now, sum these squared deviations:

64+1+9+100+36+4+4=218

Step 4: Calculate the variance

Finally, the variance for a sample is calculated using the formula:

Variance=Sum of squared deviationsN

Where N is the number of data points. In this case, N=7.

Variance=218731.14

Final Answer

Rounding this to the nearest hundredth, the variance of the data set 10,19,21,28,12,20,16 is:

Variance31.14