Find the mean, variance and standard deviation for the following data using short cut method:
xi606162636465666768f121122925121045
Let the assumed mean be A = 64
Then, we may present the table given below:
xifidi=(xi−A)d2ifidifid2i =(xi−64) 602−416−832611−39−396212−24−24486329−11−292964=A250000651211121266102420406743912363854162080 100 0286
∴ N=∑fi=100, ∑fidi=0 and ∑fid2i
∴ mean =A+∑fidi∑fi=(64+0100)=64
Variance, σ2=∑fid2i∑fi−(∑fidi∑fi)
=286100−(0100)2=286100=2.86
∴ standard deviation, σ=√2.86=1.69