What is the variance of {15, 9, -3, 8, 0}?

1 Answer

Variance σ2=105425=42.16

Explanation:

We compute the arithmetic mean first

μ=15+9+(3)+8+05

μ=295

To compute for variance σ2 use the formula

σ2=(xμ)2n

σ2=(15295)2+(9295)2+(3295)2+(8295)2+(0295)25

σ2=105425=42.16

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