Why do we square the deviation from the mean before adding them to compute the variance?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Statistics Plus New Mylab Statistics With Pearson Etext Access Card Package

ISBN: 978-0134090436

13th Edition

Authors: James Mcclave ,Terry Sincich

See More Books

Question Posted: Jul 19, 2024 01:04 AM

See More Questions

In Problems 4358, (a) Find the vertex and the axis of symmetry of each quadratic function, and determine whether the graph is concave up or concave down. (b) Find the y-intercept and the...
Some component units are presented discretely; others are blended. Elba Citys reporting entity includes the following component units. a. A capital projects financing authority purchases capital...
Construct and interpret a 95% confidence interval for the true nutrition rating for all cereals with a sodium content of 100.
P1114 Terminal cash flow: Various lives and sale prices Looner Industries is currently analyzing the purchase of a new machine that costs $160,000 and requires $20,000 in installation costs. Purchase...
The specifications on an electronic component in a target-acquisition system are that its life must be between 5,000 and 10,000 h. The life is normally distributed with mean 7,500 h. The manufacturer...
be very detailed in the answer 23. An individual who speculates by selling a call option wants to bet that
If data set A has more variance than data set B, which one would have the lower standard deviation?
What is advantage of the range as a measure of variability?
Cannone Corporation will pay a $4.00 per share dividend next year. The company pledges to increase its dividend by 4 percent per year, indefinitely. If you require a 13 percent return on your...
We live in an increasingly hyper-competitive global marketplace, where firms are fighting to stay lean and flexible in an effort to satisfy increasingly diverse and specialized consumer demand. In...
The composition of moist air is given on a molar basis to be 78 percent N2, 20 percent O2, and 2 percent water vapor. Determine the mass fractions of the constituents of air. Use the table containing...
1. Consider the LFSR with so = 1, 8 = 1, S2 = 1, 83 = 1, 84 = 0, and Sn Sn-2 Sn-3+ Sn-5. Find the next 15 terms in this LFSR. What is the period of this LFSR? 2. Suppose you learn that a Hill cipher...
Assume that you are thinking of a new acquisition campaign for SEDO, assuming that you want to convert people who are already engaged. Develop a big idea (in the communication) that you can use in...
You have a backend Amazon EC2 instance providing a web service to your web server instances. Your web servers are in a public subnet. You would like to block inbound requests from the internet to...
A transmission line with impedance of 0.08 + j0.25 is used to deliver power to a load. The load is inductive and the load voltage is 220 <0o V rms at 60 Hz. If the load requires 12kW and the real...
How can a promoter avoid personal liability for pre-incorporation contracts?
Why would business-type funds use tools for reporting like depreciation? How are the users different?
12. A bond has 6.4% coupon rate, semi-annual payment that is currently quoted at a price of $1,021 each. The bonds pay interest on January 1 and July 1. What is the cash price of this bond if today's...
A firm decides to invest in a new technology, even though they will lose money on it for a few years. In the foreseeable future, however, gains they can make now is optimizing the technology will pay...

Why do we square the deviation from the mean before adding them to compute the variance?

Question:

Step by Step Answer:

Statistics Plus New Mylab Statistics With Pearson Etext Access Card Package

Students also viewed these Business questions