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Solution - Statistics

Sum: 7.708
7.708
Arithmetic mean: x̄=2.569
x̄=2.569
Median: 2.25
2.25
Range: 3.208
3.208
Variance: s2=2.650
s^2=2.650
Standard deviation: s=1.628
s=1.628

Other Ways to Solve

Statistics

Step-by-step explanation

1. Find the sum

Add all the numbers:

4.333+1.125+2.25=1927250

The sum equals 1927250

2. Find the mean

Divide the sum by the number of terms:

Sum
1927250
Number of terms
3

x̄=1927750=2.569

The mean equals 2.569

3. Find the median

Arrange the numbers in ascending order:
1.125,2.25,4.333

Count the number of terms:
There are (3) terms

Because there is an odd number of terms, the middle term is the median:
1.125,2.25,4.333

The median equals 2.25

4. Find the range

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

The highest value equals 4.333
The lowest value equals 1.125

4.3331.125=3.208

The range equals 3.208

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 2.569

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

(4.3332.569)2=3.111

(1.1252.569)2=2.086

(2.252.569)2=0.102

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

Sum:
3.111+2.086+0.102=5.299
Number of terms:
3
Number of terms minus 1:
2

Variance:
5.2992=2.650

The sample variance (s2) equals 2.65

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=2.65

Find the square root:
s=(2.65)=1.628

The standard deviation (s) equals 1.628

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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