How do you calculate the sample variance and standard deviation for the data set 18, 21, 32, 41, 1, keeping the results to two decimal places?

Calculating Sample Variance and Standard Deviation

To calculate the sample variance and standard deviation for the given data set: 18, 21, 32, 41, 1, follow these steps:

Step 1: Find the Mean

The mean (μ) is calculated by adding all the numbers and dividing by the total count of numbers.

        Mean (μ) = (18 + 21 + 32 + 41 + 1) / 5
                     = 113 / 5
                     = 22.6
    

Step 2: Calculate the Variance

The sample variance (s²) is calculated using the following formula:

        s² = Σ(xi - μ)² / (n - 1)
    

Where:

  • xi is each value in the data set
  • μ is the mean
  • n is the number of values

Calculating Each (xi – μ)²

  • (18 – 22.6)² = (-4.6)² = 21.16
  • (21 – 22.6)² = (-1.6)² = 2.56
  • (32 – 22.6)² = (9.4)² = 88.36
  • (41 – 22.6)² = (18.4)² = 338.56
  • (1 – 22.6)² = (-21.6)² = 466.56

Summing Them Up

        Σ(xi - μ)² = 21.16 + 2.56 + 88.36 + 338.56 + 466.56 = 917.20
    

Calculating Variance

        s² = 917.20 / (5 - 1) = 917.20 / 4 = 229.30
    

Step 3: Calculate the Standard Deviation

The sample standard deviation (s) is simply the square root of the sample variance:

        s = √s² = √229.30 = 15.13
    

Final Results

The sample variance of the data set is 229.30, and the sample standard deviation is 15.13.

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