Question
Download Solution PDFCompute the mean and variance of the following data set: (50.1, 50.0, 49.8, 50.2, 49.9)
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFConcept:
The mean of a data set is the sum of all observations divided by the number of observations.
The variance is the average of the squared differences from the mean.
Calculation:
Given Data: 50.1, 50.0, 49.8, 50.2, 49.9
Step 1: Calculate the mean
Step 2: Calculate the variance
Variance =
Answer:
Mean = 50.0, Variance = 0.02
Correct Option: 2) mean = 50.0, variance = 0.02
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