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

Normal curve applications, Replacement times for TV sets are normally distr...

Replacement times for TV sets are normally distributed with a mean of 8.2 years and a standard deviation of 1.1 years. Find the replacement time that separates the top 20% from the

Mode, Mode The mode is the value which occurs most frequ...

Mode The mode is the value which occurs most frequently in a set of observations on the point of maximum frequency and around which other items of the set cluste

The incidence of occupational disease , The incidence of occupational disea...

The incidence of occupational disease in an industry is such that the workers have a 20% chance of suffering from it. What is the probability that out of six workers 4 or more will

Find the relation between two substance, Find the Relation between two subs...

Find the Relation between two substance: The following table shows the results obtained in experiments aimed to determine how solubility of water in benzene depends on tempera

Regression, Regression line drawn as Y=C+1075x, when x was 2, and y was 239...

Regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual

Determine percent of population in city - bayes theoram, (1) Assume we cat...

(1) Assume we categorize voters in a city as havingless educationand those havingmoreeducation. Those with less education have less than a college degree; those with more education

Pie diagram, Circles or Pie Diagram: Circles or pie diagrams are alter...

Circles or Pie Diagram: Circles or pie diagrams are alternative to squares. These are used  for the same purpose i.e. when  the values are differing  widely in their magnitude

Carry out a t-test, Suppose that before the minimum wage law change, the un...

Suppose that before the minimum wage law change, the underlying mean number of part-time employees per Burger King Restaurant in New Jersey was 20.3. It was thought that the increa

Standard deviation for grouped data, Grouped data  For ...

Grouped data  For grouped data, the formula applied is  σ = Where f = frequency of the variable, μ= population mea

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