Asked by
Amaya Estudiante
on Nov 30, 2024Verified
The sample variance calculated with a divisor of n gives a better estimate of the population variance,
, than does the sample variance,
, with a divisor of n - 1.
Sample Variance
A measure that quantifies the degree to which sample points in a dataset differ from the sample mean.
Population Variance
A measure of the dispersion of individual values in a population around the mean of the population.
- Comprehend the pivotal role of standard deviation, variance (as measures of variability), and mean, median, mode (as measures of center) in data set analysis.
- Illustrate the calculation techniques for variance and standard deviation, and why they are essential in data analytics.
Verified Answer
HS
Learning Objectives
- Comprehend the pivotal role of standard deviation, variance (as measures of variability), and mean, median, mode (as measures of center) in data set analysis.
- Illustrate the calculation techniques for variance and standard deviation, and why they are essential in data analytics.