What Is the Sample Variance Formula? 1 S2 is the sample variance 2 n is the sample size 3 xi is the ith value of the random variable x and x̄ is the sample mean. More ...
This estimated variance is called the sample variance ( S2 ). Let us explore the sample variance formula for a given sample below. What Is Sample Variance Formula? The sample variance formula involves the sample size and the mean. Given a sample of data (observations) for the random variable x, its sample variance is given by
The variance is calculated in relation to the mean of the data. The more the spread of the data, the more will be the variance in relation to the mean. N = total number of data set. In this case, the mean of the data set i.e. μ is the same as each data value i.e. X Hence, variance becomes 0.
Population variance is the value of variance that is calculated from population data, and the sample variance formula is applicable only to the sample data. The variance and standard deviation obtained from sample data are more than those calculated from population data. What Is the Symbol for Sample Variance in Sample Variance Formula?
The sample variance formula involves the sample size and the mean. Given a sample of data (observations) for the random variable x, its sample variance is given by
Example 1: There are 45 students in a class. 5 students were randomly selected from this class and their heights (in cm) were recorded as follows:
The sample variance formula involves the sample size and the mean. Given a sample of data (observations) for the random variable x, its sample variance is given by
In the context of statistics, a population is an entire group of objects or observations. A statistical population does not have to be some group of people; it can consist of heights, weights, test scores, temperatures, and so on.
where x i is the i th element of the sample, x is the mean, and n is the sample size.