Worked example 1
Find the variance of the following 5 data: 21, 22, 9, 4, 24
Remember: Find the mean, square each deviation from the mean, then take the mean of those squares. Variance is the square of the standard deviation.
- The mean is 80 ÷ 5 = 16.
- Taking the mean from each datum gives 5, 6, −7, −12, 8, and the squares of these add up to 318.
- The variance is 318/5.