The number of inquiries received per day by the Office of
Admissions in a certain university is shown below. Find the variance
and standard deviation.
Number of inquiries: 22, 23,24,25,26,27
Probability: 0.08, 0.19, 0.36, 0.25, 0.07, 0.05
Given the probability distribution,
inquiries: 22, 23,24,25,26,27
Probability: 0.08, 0.19, 0.36, 0.25, 0.07, 0.05
The expected value is
"E(x)=\\sum xp(x)=(22\\times0.08)+(23\\times0.19)+(24\\times0.36)+(25\\times0.25)+(26\\times0.07)+(27\\times0.05)=24.19"
The variance is given as,
"var(x)=\\sum (x^2)-(\\sum(x))^2"
We need to find "E(x^2)=\\sum x^2p(x)=(484\\times0.08)+(529\\times0.19)+(576\\times0.36)+(625\\times0.25)+(676\\times0.07)+(729\\times0.05)=586.61"
Now,
"var(x)=586.61-(24.19)^2=586.61-585.1561=1.4539"
The standard deviation is
"sd(x)=\\sqrt{var(x)}=\\sqrt{1.4539}=1.2058"
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