Properties of standard deviation, Applied Statistics

Assignment Help:

PROPERTIES

 

1. The value of standard deviation remains the same if, in a series each of the observation is increased or decreased by a constant quantity. In statistical language, we say standard deviation is independent of change of origin.

         For example, for the observations 3, 10 and 12 then μ = 8.33 and σ= 3.859.

If we increase the value of each observation by 4.5, we get the observations 7.5, 14.5 and 16.5.

         Now,  μ   = 12.833 and  σ = 3.859

         Hence although  μ  has increased by 4.5,  σ  remains the same.

2. For a given series, if each observation is multiplied or divided by a constant quantity, standard deviation will also be similarly affected.

Consider the observations 3, 10, 12.  σ  = 3.859 as shown in the above calculation.

Suppose we multiply each observation by 6, the observations become 18, 60 and 72.

  μ   =  50

σ

= 1353_properties of standard deviation.png
  = 23.152

  Which is nothing but the earlier  σ , 3.859 x 6.

In short, standard deviation is independent of any change of origin, but dependent on the change of scale.

3. Standard deviation is the minimum root-mean-square deviation. In other words, the sum of the squares of the deviations of items of any series from a value other than the arithmetic mean would always be greater.

4. Just as it is possible to compute combined mean of two or more groups, it is also possible to compute combined standard deviation of two or more groups. Combined standard deviation denoted by  σ12 is computed as follows:

σ12

= 1001_properties of standard deviation1.png

where,

μ1

=  Mean of first group

μ2

= Mean of second group

σ1

= Standard deviation of first group

σ2

= Standard deviation of second group

N1 

Number of observations in the first group

N2

= Number of observations in the second group

d1

= μ1 -  μ

d2

= μ2 -  μ

μ

 = (N1  μ1 + N2 μ2 ) / (N1 + N2)

Related Discussions:- Properties of standard deviation

Variance, Variance The term variance was used to describe the square of...

Variance The term variance was used to describe the square of the standard deviation by R.A.Fisher. The concept of variance is highly important in areas where it is possible to

E-mail messages should be answered quickly, Do people of different age grou...

Do people of different age groups differ in their response to e-mail messages? A survey by the Cent of the Digital Future of the University of Southern California reported that 70.

Quote, How much would u charge for 4 questions

How much would u charge for 4 questions

Standard erro, practical application of standard error

practical application of standard error

Modified distribution mathod, a b c d e supply p 3 4 6 8 8 20 q 2 6 0 5 8...

a b c d e supply p 3 4 6 8 8 20 q 2 6 0 5 8 30 r 7 11 20 40 3 15 s 1 0 9 14 6 13 d 15 3 12 10 20

Professional Counselor, A researcher hypothesized that the pulse rates of ...

A researcher hypothesized that the pulse rates of long-distance athletes differ from those of other athletes. He believed that the runners’ pulses would be slower. He obtained a ra

Data project, Dr. Jim Mirabella UNIT EIGHT: DATA ANALYSIS PROJECT All Excel...

Dr. Jim Mirabella UNIT EIGHT: DATA ANALYSIS PROJECT All Excel output should be copied into a single Word document where you must enter all of your responses to the questions below.

QUARTILE DEVIATION, Examples of grouped, simple and frequency distribution ...

Examples of grouped, simple and frequency distribution data

Introduction to probability, Introduction to Probability A ...

Introduction to Probability A student is considering whether she should enroll in an MBA educational program offered by a well-known college. Among othe

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd