Question

=Find the variance for the set of data: 26, 34, 17, 24, 24.The variance is0.

Answer 1

The variance is:

`\sigma^2=(\Sigma(x-\mu)^2)/(N)`

So we have 5 values, which means that N=5 and the mean is:

`\mu=(26+34+17+24+24)/(5)=25`

So the variance is 29.6.