Find the variance and standard deviation for the following data:
xi1015182025fi32582
We may prepare the table given below:
∴ N=∑5i=1fi=20, ∑5i=1fi(xi−¯x)2=340
∴ variance, σ2=1N.∑fi(xi−¯x)2=(120×340)=17
Standard deviation, σ=√17=4.12
Short Cut Method:
Let A be the assumed mean and let di=(xi−A)
Then, σ2={∑fid2iN−(∑fidiN)2}