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Solution - Statistics

Sum: 148.832
148.832
Arithmetic mean: x̄=29.766
x̄=29.766
Median: 28.8
28.8
Range: 21.472
21.472
Variance: s2=72.392
s^2=72.392
Standard deviation: s=8.508
s=8.508

Other Ways to Solve

Statistics

Step-by-step explanation

1. Find the sum

Add all the numbers:

20+24+28.8+34.56+41.472=18604125

The sum equals 18604125

2. Find the mean

Divide the sum by the number of terms:

Sum
18604125
Number of terms
5

x̄=18604625=29.766

The mean equals 29.766

3. Find the median

Arrange the numbers in ascending order:
20,24,28.8,34.56,41.472

Count the number of terms:
There are (5) terms

Because there is an odd number of terms, the middle term is the median:
20,24,28.8,34.56,41.472

The median equals 28.8

4. Find the range

To find the range, subtract the lowest value from the highest value.

The highest value equals 41.472
The lowest value equals 20

41.47220=21.472

The range equals 21.472

5. Find the variance

To find the sample variance, find the difference between each term and the mean, square the results, add together all of the squared results, and divide the sum by the number of terms minus 1.

The mean equals 29.766

To get the squared differences, subtract the mean from each term and square the result:

(2029.766)2=95.383

(2429.766)2=33.251

(28.829.766)2=0.934

(34.5629.766)2=22.979

(41.47229.766)2=137.021

To get the sample variance, add together the squared differences and divide their sum by the number of terms minus 1

Sum:
95.383+33.251+0.934+22.979+137.021=289.568
Number of terms:
5
Number of terms minus 1:
4

Variance:
289.5684=72.392

The sample variance (s2) equals 72.392

6. Find the standard deviation

The standard deviation of the sample equals the square root of the sample variance. This is why the variance is usually represented by a squared variable.

Variance: s2=72.392

Find the square root:
s=(72.392)=8.508

The standard deviation (s) equals 8.508

Why learn this

The science of statistics deals with the collection, analysis, interpretation, and presentation of data, particularly in the contexts of uncertainty and variation. Understanding even the most basic of concepts in statistics can help us better process and understand information that we encounter in our everyday lives! Additionally, more data is collected now, in the 21st century, than ever before in all of human history. As computers have become more powerful, they have made it easier to analyze and interpret ever-larger datasets. Because of this, statistical analysis is becoming increasingly important in many fields, allowing governments and companies to fully understand and react to data.

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