Mathematics · Glossary

What is Variance, standard deviation?

Also known as: variance · standard deviation

Definition 17.6 High School Mathematics · Chapter 17 — Descriptive Statistics

The variance of the dataset is the mean of the squared deviations from the mean:

V=1ni=1n(xixˉ)2,V = \frac{1}{n}\sum_{i=1}^{n} (x_i - \bar x)^2,

and the standard deviation is σ=V\sigma = \sqrt{V}, expressed in the same unit as the data.

Examples

Example 17.8

For the running dataset, the deviations from xˉ=12\bar x = 12 are 4-4, 3-3, 2-2, 2-2, 1-1, 00, 00, 00, 11, 22, 44, 55; their squares sum to

16+9+4+4+1+0+0+0+1+4+16+25=80.16 + 9 + 4 + 4 + 1 + 0 + 0 + 0 + 1 + 4 + 16 + 25 = 80 .

Hence

V=8012=2036.67,σ=20/32.6 marks.V = \frac{80}{12} = \frac{20}{3} \approx 6.67, \qquad \sigma = \sqrt{20/3} \approx 2.6 \text{ marks}.

Roughly speaking, a typical mark sits about 2.62.6 marks away from the mean.

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