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

Harmonic mean, The Harmonic Mean is based on the reciprocals of numbers ave...

The Harmonic Mean is based on the reciprocals of numbers averaged. It is defined as the reciprocal of the arithmetic mean of the reciprocal of the given individual observations. Th

Applications of standard error, Applications of Standard Error   ...

Applications of Standard Error   Standard Error is used to test whether the difference between the sample statistic and the population parameter is significant or is d

Frailty in multi state models, how can i use continuous frailty in multi st...

how can i use continuous frailty in multi state models?

Statistical process control, Statistical Process Control The variabilit...

Statistical Process Control The variability present in manufacturing process can either be eliminated completely or minimized to the extent possible. Eliminating the variabilit

Convenience sampling, Convenience Sampling It means a convenient sample...

Convenience Sampling It means a convenient sample is obtained by selecting convents units from the universe. Convenient sample is also known as chunk. It   means a fraction of

Determine best estimates of the population mean and variance, Question: ...

Question: (a) A normal distribution is thought to have a mean of 50. A random sample of 100 gave a mean of 52.6 and a standard deviation of 14.5. A significance test was carri

Type i and ii errors, TYPE I AND II Errors If a statistical hypothesis ...

TYPE I AND II Errors If a statistical hypothesis is tested, we may get the following four possible cases: The null hypothesis is true and it is accepted; The

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

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

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