Questions: Find the standard deviation for the group of data items.
Transcript text: Find the standard deviation for the group of data items.
Solution
Solution Steps
Step 1: Calculate the Mean
To find the mean \( \mu \) of the dataset, we use the formula:
\[
\mu = \frac{\sum x_i}{n}
\]
where \( \sum x_i \) is the sum of all data points and \( n \) is the number of data points. For our dataset:
\[
\mu = \frac{38 + 45 + 48 + 55 + 58}{5} = \frac{244}{5} = 48.8
\]
Step 2: Calculate the Variance
The variance \( \sigma^2 \) is calculated using the formula:
\[
\sigma^2 = \frac{\sum (x_i - \mu)^2}{n}
\]
We first find \( (x_i - \mu)^2 \) for each data point:
Now, we can calculate the variance:
\[
\sigma^2 = \frac{253.8}{5} = 50.96
\]
Step 3: Calculate the Standard Deviation
The standard deviation \( \sigma \) is the square root of the variance:
\[
\sigma = \sqrt{\sigma^2} = \sqrt{50.96}
\]
Thus, the standard deviation is:
\[
\sigma \approx 7.14
\]