Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Standard deviation (variance when we square standard deviation)is a measurement of dispersion. It shows how far or how close the individual scores are from the

Standard deviation (variance when we square standard deviation)is a measurement of dispersion. It shows how far or how close the individual scores are from the mean (the middle of the bell curve) and from each other. If the scores are spread out far...we have a large standard deviation. If we have a small standard deviation, the scores are very close to each other.

Explain this simple example:

Scores of 5 students on a 20 point history test:

  • Mike X = 12/20
  • Paul X = 10/20
  • Mike K. X = 15/20
  • Jeff X = 17/20
  • Tom X = 8/20

1st step: Find the mean score 12.4 (Xbar)

__

StudentScore (X)(X-X)(X-X)Squared

Mike12-.4.16

Paul10-2.45.76

Mike K.152.66.76

Jeff174.621.16

Tom8-4.419.36

E is sum053.20

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

IFRS global edition

1-119-41959-4, 470534796, 9780470534793, 9781119419594 , 978-1119419617

More Books

Students also viewed these Accounting questions