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Statistics - Calculating Variance

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Uploaded by on Nov 1, 2008

Statistics - Calculating Variance. I give the formula and show one example of finding variance.
For more free videos, visit http://PatrickJMT.com

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Education

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Uploader Comments (patrickJMT)

  • Very helpful. Why is it n-1 and not divided by n....:(

  • @tremerrion6 you use n-1 when taking a sample and you do not have the entire population. i forget the mathematical justification, but it makes the estimate more accurate.

Top Comments

  • OMG YES, THANK YOU! Jesus, it's so easy when someone actually explains the equation in English.

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  • THANK YOU! VERY HELPFUL!

  • This is wonderful, thanks very much.

  • @yanivdar it is just n if it is the entire population or everything possibly involved, when it is saying n-1 that means it is a sample not the entire group

  • my teacher gave me the formula without n-1...just n. Which one is correct?

  • Fantastic!!! Thank you!! Was able to follow up the steps. Thank You!!!

  • This was actually good! fully understand variance now!

  • Is it fair to say that the variance at the end is squareoot(4.5) ?

  • you probably just saved me passing my remedial math class. gassho!

  • @patrickJMT degrees of freedom.

  • @MoN1T0r It is a part of the summation i = 1 to n (1 is next to i and the n is on top of the sigma)

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