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Mean and Standard Deviation

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Presentation on theme: "Mean and Standard Deviation"— Presentation transcript:

1 Mean and Standard Deviation
Probability and Statistics

2 Relationship: Population and Sample
Please Note: We are focusing on the statistics of a population.

3 Formula for the Mean (Average)
The mean, denoted µ, of samples x1, x2, …, xn is the average of the values: This formula can also be written as:

4 Formula for Standard Deviation
The standard deviation, denoted σ, of samples x1, x2, …, xn is the variation from the mean of those samples. Formula:

5 Example Problem The ages of a random sample of college students was collected and are as follows: 18, 24, 18, 19, 22, 21, 19, 20, 24, 35, 19, 15, 20 Find the mean (average) for this collection of ages. Find the standard deviation of the values.

6 Solution (Part 1) The mean of the values:
(18, 24, 18, 19, 22, 21, 19, 20, 24, 35, 19, 15, 20) is the sum of all of the values divided by the total number of values The mean, µ = ( ) ≈ 21.08 13

7 Solution (Part 2) The standard deviation of the values: ≈ 4.86
(18, 24, 18, 19, 22, 21, 19, 20, 24, 35, 19, 15, 20) is the square root of: [sum of (xi - µ)]2 / n where n is the total number of values ≈ 4.86

8 Brief Review Given the same list of numbers:
18, 24, 18, 19, 22, 21, 19, 20, 24, 35, 19, 15, 20 Is there a mode among these values, and if so, what is it? What is the median? Are there any outliers that might possibly skew the data?


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