Solved Examples of Standard Deviation
Example 1: Calculate the population standard deviation for the following data set: {6, 8, 10, 12, 14}
Solution:
Mean = (6 + 8 + 10 + 12 + 14) / 5 = 50 / 5 = 10
Now, calculate the squared deviations from the mean,
- (6 – 10)² = 16
- (8 – 10)² = 4
- (10 – 10)² = 0
- (12 – 10)² = 4
- (14 – 10)² = 16
Thus, Σ(xi – μ)² = 16 + 4 + 0 + 4 + 16 = 40
Divide the sum of squared differences by N – 1, and take square root to find standard deviation,
σ = √(40/5) = √8 ≈ 2.83
So, the population standard deviation of the data set is approximately 2.83.
Example 2: Calculate the sample standard deviation for the following data set: {12, 15, 18, 21, 24}
Solution:
Mean = (12 + 15 + 18 + 21 + 24) / 5 = 90 / 5 = 18
Now, calculate the squared deviations from the mean,
- (12 – 18)² = 36
- (15 – 18)² = 9
- (18 – 18)² = 0
- (21 – 18)² = 9
- (24 – 18)² = 36
Thus, Σ(xi – μ)² = 36 + 9 + 0 + 9 + 36 = 90
Divide the sum of squared differences by N – 1, and take square root to find standard deviation,
s = √(90/4) = √22.5 ≈ 4.74
Therefore, the sample standard deviation of the data set is approximately 4.74.
How to Calculate Standard Deviation?
Standard Deviation is a measure of how data is spread out around the mean. It is a statistical tool used to determine the amount of variation or dispersion of a set of values from the mean. A low standard deviation indicates that the data points are clustered closely around the mean, while a high standard deviation means that the data points are spread across a wide range of values.
In this article, we will discuss how to calculate Standard Deviation using a formula.
Table of Content
- What is Standard Deviation?
- Formula for Standard Deviation
- Population Standard Deviation
- Sample Standard Deviation
- Steps for Calculations of Standard Deviation
- Example on Standard Deviation Calculation
- Calculation of Standard Deviation: FAQs
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