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4 March, 08:06

A child, (and mathematical genius!) wishes to estimate the variability in the number of candies he can collect from houses during trick-or-treating.

He randomly selects a sample of 20 houses, and records the number of candies he gets at each:

# Candies # Houses

0 3

1 7

2 3

3 4

4 3

Find the sample variance he calculates using this data.

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  1. 4 March, 08:22
    0
    Variance is calculated as the square of the standard deviation. Hence, we have to calculate the standard deviation first. Its formula is

    s = sqrt{[∑ (x - X) ^2 ]: (n-1) ]}

    where x is the value of each single data, X is the mean, and n is the number of samples. The mean would be

    X = (0 + 1 + 2 + 3 + 4) / 5 = 2

    Then,

    ∑ (x - X) ^2 = (0-2) ^2 + (1-2) ^2 + (2-2) ^2 + (3-2) ^2 + (4-2) ^2 = 10

    Thus,

    s = sqrt{10: (20-1) ]} = 0.725

    The square of this would be the variance.

    Variance = (0.725) ^2 = 0.526

    Therefore, the sample variance of the data is 0.526.
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