A population consists of the 5 measurements 2, 6, 8, 0 and 1 and samples of size n = 2 . What is the variance of the population? 2 DECIMAL PLACES
Variance= ó2/n (N-n/N-1)
Ó2= summation X2/N -(summation X/N)2
X: 2 6 8 0 1 =17
X2:4 36 64 0 1=105
Ó2 =(105/5) - (17/5)
21-11.56=9.44
Var= 9.44/2(3/4)
= 3.54
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