Find the variance and standard deviation for this data set
57010, 57700, 57890, 57930, 58810, 59940, 60050, 60380, 61530, 61640, 62210, 62450, 62560, 63050, 63140, 63300,63560, 63630, 64520, 64890, 64900, 65500, 65890, 66280, 66750, 67990, 69120, 69200, 69560, 69820, 69840, 70040, 72070, 72090, 72570, 73180, 75110, 75250, 76650, 77540, 79810, 80200, 82010, 83450, 84980, 87510, 88770, 89330, 90110, 96990, 102700
Since data values are so many, so we can use technology for calculate variance and standard deviation.
By using excel.
For calculate Variance
Command is =VAR( all data values) and hit enter
So in excel type any empty sell
= VAR(57010, ........., 102700) and hit enter
Hence we get , Variance = 117240797
For calculate standerd deviation use excel command
=STDEV(All data values)
=STDEV(57010, ........, 102700) and hit enter
Hence we get, standare deviation = 10827.779
Ans :
Variance : 117240797
Standard deviation : 10827.779
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