Math Problem Statement
1. Using the five numbers for which you calculated the variance and standard deviation in the previous exercise set, use the calculating formula to find the variance. Compare your answer to the one you found there. Must they be the same?
Recalculate the variance using the five numbers: 60, 70, 50, 30, and 40.
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Variance
Standard Deviation
Formulas
Variance formula: σ^2 = Σ(xi - μ)^2 / N
Mean formula: μ = Σ(xi) / N
Theorems
Population variance theorem
Sample variance formula
Suitable Grade Level
Grades 9-12
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