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Solution - Statistics

Sum: 720
720
Arithmetic mean: x̄=180
x̄=180
Median: 0
0
Range: 720
720
Variance: s2=129600
s^2=129600
Standard deviation: s=360
s=360

Other Ways to Solve

Statistics

Step-by-step explanation

1. Find the sum

Add all the numbers:

720+0+0+0=720

The sum equals 720

2. Find the mean

Divide the sum by the number of terms:

Sum
720
Number of terms
4

x̄=180=180

The mean equals 180

3. Find the median

Arrange the numbers in ascending order:
0,0,0,720

Count the number of terms:
There are (4) terms

Because there is an even number of terms, identify the middle two terms:
0,0,0,720

Find the value that is halfway between the middle two terms by adding them together and dividing by 2:
(0+0)/2=0/2=0

The median equals 0

4. Find the range

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

The highest value equals 720
The lowest value equals 0

7200=720

The range equals 720

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 180

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

(720180)2=291600

(0180)2=32400

(0180)2=32400

(0180)2=32400

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

Sum:
291600+32400+32400+32400=388800
Number of terms:
4
Number of terms minus 1:
3

Variance:
3888003=129600

The sample variance (s2) equals 129,600

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=129,600

Find the square root:
s=(129600)=360

The standard deviation (s) equals 360

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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