What is the variance of {15, 14, 13, 13, 12, 10, 7}?

1 Answer

Variance of the data set is 6.29.

Explanation:

Note that the formula of variance for calculation purpose is

1nni=1x2i(1nni=1xi)2

where n is the total number of values in the given data set.
In your given data we have n=7 and the values of xi's are {15,14,13,13,12,10,7} .

So, your variance =17[152+142+132+132+122+102+72](17[15+14+13+13+12+10+7])2
=150.29144
=6.29