Which of the following is not a step used in calculating the standard deviation of a data set?
Table of contents
- 1. Intro to Stats and Collecting Data1h 14m
- 2. Describing Data with Tables and Graphs1h 55m
- 3. Describing Data Numerically2h 5m
- 4. Probability2h 16m
- 5. Binomial Distribution & Discrete Random Variables3h 6m
- 6. Normal Distribution and Continuous Random Variables2h 11m
- 7. Sampling Distributions & Confidence Intervals: Mean3h 23m
- Sampling Distribution of the Sample Mean and Central Limit Theorem19m
- Distribution of Sample Mean - Excel23m
- Introduction to Confidence Intervals15m
- Confidence Intervals for Population Mean1h 18m
- Determining the Minimum Sample Size Required12m
- Finding Probabilities and T Critical Values - Excel28m
- Confidence Intervals for Population Means - Excel25m
- 8. Sampling Distributions & Confidence Intervals: Proportion1h 25m
- 9. Hypothesis Testing for One Sample3h 29m
- 10. Hypothesis Testing for Two Samples4h 50m
- Two Proportions1h 13m
- Two Proportions Hypothesis Test - Excel28m
- Two Means - Unknown, Unequal Variance1h 3m
- Two Means - Unknown Variances Hypothesis Test - Excel12m
- Two Means - Unknown, Equal Variance15m
- Two Means - Unknown, Equal Variances Hypothesis Test - Excel9m
- Two Means - Known Variance12m
- Two Means - Sigma Known Hypothesis Test - Excel21m
- Two Means - Matched Pairs (Dependent Samples)42m
- Matched Pairs Hypothesis Test - Excel12m
- 11. Correlation1h 24m
- 12. Regression1h 50m
- 13. Chi-Square Tests & Goodness of Fit2h 21m
- 14. ANOVA1h 57m
3. Describing Data Numerically
Standard Deviation
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Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
Which three quantities are required to calculate the variance of a data set?
A
The , the , and the
B
The value, the value, and the
C
The , the , and the
D
The , each value, and the
Verified step by step guidance1
Recall the formula for the variance of a data set, which is given by:
\[\text{Variance} = \frac{1}{n} \sum_{i=1}^{n} (x_i - \bar{x})^2\]
where \(n\) is the number of data values, \(x_i\) represents each individual data value, and \(\bar{x}\) is the mean of the data set.
Identify the quantities needed in the formula:
- The mean (\(\bar{x}\)) is required to find the difference between each data value and the average.
- Each data value (\(x_i\)) is needed to calculate these differences and then square them.
- The number of data values (\(n\)) is necessary to divide the sum of squared differences to get the average squared deviation.
Understand why other options are incorrect:
- The median and mode are measures of central tendency but are not used in the variance formula.
- The minimum and maximum values help describe the range but do not directly contribute to variance calculation.
- The sum of the data can be used to find the mean, but the median is not involved in variance calculation.
Summarize that to calculate variance, you must know the mean, each individual data value, and the total number of data points.
Therefore, the correct quantities required to calculate variance are: the mean, each data value, and the number of data values.
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