Final answer:
To find the variance of a population, calculate the average of the squared differences between each score and the mean. To find the standard deviation, take the square root of the variance.
Step-by-step explanation:
(a) To find the variance of a population, you need to calculate the average of the squared differences between each score and the mean.
Using the formula:
Variance = (1/N) * Σ(x_i - mean)^2
where N is the number of scores, Σ represents the summation, x_i represents each score, and mean is the average of the scores.
For the given population, the mean is (1+4+3+5+7)/5 = 4, so the variance would be ((1-4)^2 + (4-4)^2 + (3-4)^2 + (5-4)^2 + (7-4)^2)/5 = 4.
(b) To find the standard deviation of a population, you need to take the square root of the variance. So, in this case, the standard deviation would be √4 = 2.