We will learn how to calculate the mean, variance, and standard deviation of grouped and ungrouped data. The variance calculator can be used to calculate the variance, standard deviation, and mean from a set of data with the sample size n to understand how far the observations deviate from the mean. The deviations can be either positive or negative. We must square the values to prevent positive and negative values from cancelling each other when we add up all the deviations.
Data is defined as the collection of facts or information from which conclusions can be drawn. The collected information can be numbers, words, measurements, and more.
There are several ways to classify data. One way to classify data is in terms of grouped data and ungrouped data.
Ungrouped data is data that is not segregated into categories. It is also known as raw as it is not aggregated.
Example 1: Height of students
(177, 144, 151, 175, 166, 142, 163, 170, 161, 172, 162, 158, 190, 151, 187, 151, 160, 177, 148, 164)
Data is referred to as grouped data when the raw data is organised into categories.
Example 2: Height of students in a table
To calculate the mean for grouped data, we will use the data from Example 2: Height of students given in a tabular form below and calculate the midpoints of the intervals. The sum of observations is calculated by multiplying the frequency with the midpoint of the interval.
The variance is an estimate of the degree of variability. It is determined by averaging the square of deviations from the mean. The degree of dispersion in the data is indicated by the variance calculator. The wider the data spread, the higher the variance from the mean.
Get answers to the most common queries related to the JEE Examination Preparation.
Ans. When the data presented is regular, symmetrical, and continuous, then the best measure of central tendencies is the mean.
Ans. Tests that make assumptions and interpret the distribution patterns of the parameters of populations depend heavily on the variance for accuracy. Moreover, comparing variances from different samples makes it easier to pinpoint group differences.
Ans. Standard deviation can give an accurate picture of how evenly or unevenly the data is spread out. If the standard deviation is high, it means that the data is not only widely spread but is also uneven in its distribution. It is a better means of assessing variability.
Ans. Variability is how the data is distributed. It answers how widely the individual data points are from each other and how far they are from the average.