Asked by
Kevin Amoros
on Nov 20, 2024Verified
The sample variance
A) is always smaller than the true value of the population variance.
B) is always larger than the true value of the population variance.
C) could be smaller, equal to, or larger than the true value of the population variance.
D) can never be zero.
Sample Variance
The measure of the dispersion of sample data points around the sample mean, estimating the population variance.
Population Variance
A measure of dispersion that shows how much the members of a population differ from the population mean.
True Value
The actual value of a parameter or variable that is typically estimated based on sample data.
- Compute and elucidate the variance and standard deviation of a given data set.
Verified Answer
FR
Learning Objectives
- Compute and elucidate the variance and standard deviation of a given data set.