If \(\rm \displaystyle \sum_{i = 1}^{10}x_i = 110\) and \(\rm \displaystyle \sum_{i = 1}^{10}x_i^2 = 1540\) then what is the variance?
33
The question asks us to calculate the variance of a set of 10 observations given the sum of the observations and the sum of their squares.
We are given:
Variance is a measure of how spread out the data points are from the mean. There are two common types of variance: population variance (\(\sigma^2\)) and sample variance (\(s^2\)). When the data represents the entire population, we use the population variance formula. When it's a sample from a larger population, we typically use the sample variance formula. The question does not specify if this is a sample or population, but based on the options provided, the population variance formula is likely expected.
The formula for population variance (\(\sigma^2\)) is:
\[ \sigma^2 = \frac{\sum x_i^2}{n} - \left(\frac{\sum x_i}{n}\right)^2 \]
This formula requires the mean of the data, which is calculated as \(\frac{\sum x_i}{n}\). Let's first calculate the mean.
Step 1: Calculate the Mean (\(\bar{x}\))
The mean is the sum of observations divided by the number of observations.
\[ \bar{x} = \frac{\sum x_i}{n} = \frac{110}{10} = 11 \]
The mean of the observations is 11.
Step 2: Calculate the Variance (\(\sigma^2\))
Now, we use the formula for population variance:
\[ \sigma^2 = \frac{\sum x_i^2}{n} - (\bar{x})^2 \]
Substitute the given values:
\[ \sigma^2 = \frac{1540}{10} - (11)^2 \]
\[ \sigma^2 = 154 - 121 \]
\[ \sigma^2 = 33 \]
The calculated variance is 33.
Let's verify if using the sample variance formula \(s^2 = \frac{1}{n-1} \left( \sum x_i^2 - \frac{(\sum x_i)^2}{n} \right)\) yields any of the options:
\[ s^2 = \frac{1}{10-1} \left( 1540 - \frac{(110)^2}{10} \right) \]
\[ s^2 = \frac{1}{9} \left( 1540 - \frac{12100}{10} \right) \]
\[ s^2 = \frac{1}{9} \left( 1540 - 1210 \right) \]
\[ s^2 = \frac{1}{9} (330) = \frac{330}{9} \approx 36.67 \]
Since 33 is one of the options and the sample variance is not, the question is asking for the population variance.
The variance of the given observations is 33.
| Concept | Description | Formula (Population) | Formula (Sample) |
|---|---|---|---|
| Mean (\(\bar{x}\) or \(\mu\)) | Average of the data points | \(\mu = \frac{\sum x_i}{N}\) | \(\bar{x} = \frac{\sum x_i}{n}\) |
| Variance (\(\sigma^2\) or \(s^2\)) | Average of the squared differences from the Mean | \(\sigma^2 = \frac{\sum (x_i - \mu)^2}{N}\) or \(\sigma^2 = \frac{\sum x_i^2}{N} - \mu^2\) |
\(s^2 = \frac{\sum (x_i - \bar{x})^2}{n-1}\) or \(s^2 = \frac{1}{n-1} \left( \sum x_i^2 - \frac{(\sum x_i)^2}{n} \right)\) |
| Standard Deviation (\(\sigma\) or \(s\)) | Square root of the Variance; measure of data spread | \(\sigma = \sqrt{\sigma^2}\) | \(s = \sqrt{s^2}\) |
Variance and standard deviation are fundamental measures in statistics used to quantify the dispersion or spread of a set of data points around their mean. A higher variance or standard deviation indicates that the data points are more spread out from the mean, while a lower value indicates that they are clustered closer to the mean.
The sum of deviations of n numbers from 10 and 20 are p and q respectively. If (p - q)2 = 10000, then what is the value of n?
In any discrete series (when all values are not same) if x represent mean deviation about mean and y represent standard deviation, then which one of the following is correct?
If V is the variance and M is the mean of first 15 natural numbers, then what is V + M 2equal to?
Arithmetic mean of 10 observations is 60 and sum of squares of deviations from 50 is 5000. What is the standard deviation of the observations?
Consider the following statements:
1) If 10 is added to each entry on a list, then the average increases by 10
2) IF 10 is added to each entry on a list, then the standard deviation increases by 10
3) if each entry on a list is doubled then the average doubles
What of the above statements are correct?
The variance of 25 observations is 4. If 2 is added to each observation, then the new variance of the resulting observations is
An analysis of monthly wages paid to the workers in two firms A and B belonging to the same industry gives the following result:
Firm A | Firm B | |
Number of workers | 500 | 600 |
Average monthly wage | Rs. 1860 | Rs. 1750 |
Variance of distribution of wages | 81 | 100 |
The average of monthly wage and variance of distribution of wages of all the workers in the firms A and B taken together are
What is the standard deviation of the observations
\(-\sqrt{6}, -\sqrt{5},- \sqrt{4}, -1, 1, \sqrt{4}, \sqrt{5}, \sqrt{6} \ ?\)
If \(\rm \sum x_i = 20, \sum x_i^2=200\) and n = 10 for an observed variable x, then what is the coefficient of variation?
If the data are moderately non-symmetrical, then which one of the following empirical relationships is correct?
Consider a population that is finite, and sampling is with replacement. If the variance of the population is 2176.8 with a sample size of 16, then the variance of the sampling distribution of means is:
The sum of deviations of n numbers from 10 and 20 are p and q respectively. If (p - q)2 = 10000, then what is the value of n?
The fourth central moment of a mesokurtic distribution is 243. Its standard deviation is:
The standard deviation of the first 10 natural numbers is 3.028. What will be the standard deviation of the first 20 natural numbers?
If \(\sum^n_{i=1} x_i = 80\) and \(\sum^n_{i=1}x^2_i = 400\), then a possible value of n among the following is