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Spread of data about the mean

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Parameters Population Sample


Mean (average) 𝜇 𝑥ҧ
Variance 𝜎2 𝑠2
Standard 𝜎 𝑠
deviation
Size 𝑁 𝑛

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n y
1 2.4 2.5 2.4 2.6 2.2 2.3
2 2.7 2.7 2.5 2.5 2.4 2.5
3 2.3 2.6 2.8 3 2.6 2.6
4 2.2 2.6 2.6 2.8 2.5 2.7
2.4 2.6 2.6 2.7 2.4 2.5
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𝑠 𝑠
𝑦ത − 𝑡𝛼 , 𝑛 ≤ 𝜇 ≤ 𝑦ത + 𝑡𝛼 , 𝑛
2 𝑛 2 𝑛

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