Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 3 - Section 3.2 - Assess Your Understanding - Vocabulary and Skill Building - Page 151: 7

Answer

The variance: $σ^2=16$ The standard deviation: $σ=4$

Work Step by Step

At first, let's evaluate the population mean: $μ=\frac{3+6+10+12+14}{5}=9$ Now, the variance: $σ^2=\frac{Σ(x_i-μ)^2}{n}=\frac{(3-9)^2+(6-9)^2+(10-9)^2+(12-9)^2+(14-9)^2}{5}=\frac{36+9+1+9+25}{5}=16$ The standard deviation: $σ=\sqrt {16}=4$
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