Population Variance of Dataset {67, 79, 55, 61, 88}
What is the population variance of the dataset {67, 79, 55, 61, 88}?
The population variance of this dataset is 144. This is calculated by first finding the mean (70), then computing the squared deviations from the mean for each data point, summing them (720), and dividing by the number of data points (5).
Conditions
- The dataset {67, 79, 55, 61, 88} is treated as the entire population.
- The unit of the data is kilograms, so the variance unit is square kilograms.
Reasoning, step by step
- Calculate the mean: .
- Calculate the squared deviations: , , , , .
- Sum the squared deviations: .
- Divide by the population size : .
Example
The video explicitly shows the calculation: .
Common misconceptions
- Calculating the sample variance by dividing by 4 instead of 5, which would give 180.
- Making arithmetic errors in summing the squared deviations.
- Forgetting to square the deviations before summing.
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