Question:
Find the mean, variance and standard deviation for the numbers 4, 6, 10, 12, 7, 8, 13, 12.
Solution:
Given data: 4, 6, 10, 12, 7, 8, 13, 12
To find: MEAN
We know that,
Mean $(\overline{\mathrm{x}})=\frac{\text { Sum of observations }}{\text { Total number of observations }}$
$=\frac{4+6+10+12+7+8+13+12}{8}$
$=\frac{72}{8}$
$\overline{\mathrm{x}}=9$
To find: VARIANCE
Variance, $\sigma^{2}=\frac{\sum\left(\mathrm{x}_{\mathrm{i}}-\overline{\mathrm{x}}\right)^{2}}{\mathrm{n}}$
$=\frac{74}{8}$
$=9.25$
To find: STANDARD DEVIATION
Standard Deviation $(\sigma)=\sqrt{\text { Variance }}$
$=\sqrt{9.25}$
$=3.04$