Using the computational formula for the sample, the SS is 37.50, the variance is 5.36, and the standard deviation is 2.31.
The computational formula is given as follows:
SS = Sum of Squares = ΣX^2 - ((ΣX)^2 / n) ………………………. (1)
X = each value
n = number of values = 8
Therefore, we have:
ΣX^2 = 14^2 + 20^2 + 17^2 + 16^2 + 12^2 + 16^2 + 15^2 + 16^2 = 2,022
(ΣX)^2 = (14 + 20 + 17 + 16 + 12 + 16 + 15 + 16)^2 = 15,876
Substituting all the values into equation (1), we have:
SS = 2,022 - (15,876 / 8) = 37.50
Variance = S^2 = SS / (n – 1) = 37.50 / (8 – 1) = 5.35714285714286, or 5.36
Standard deviation = S = Variance^0.5 = 5.35714285714286^0.5 = 2.31
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