Variance and Standard Deviation
Variance and Standard Deviation: Overview
This topic covers concepts, such as, Variance and Standard Deviation, Variance, Merits & Demerits of Standard Deviation as Measures of Dispersion etc.
Important Questions on Variance and Standard Deviation
For observations where all 's are distinct. Let , and denotes mean, standard deviation and median, respectively. Then which of the following option is incorrect when is an odd integer?


Let denotes the mean of data and , then choose the correct statement.

The following gives the number of books taken in a school library in days. Find the variance(up to two decimals) of the books taken.

Find the for the number of days patients admitted in a hospital(up to two decimals).
Days of confinement | |||||
No. of patients |

If the coefficient of variation is and standard deviation is , then find mean.

The expression of standard deviation as a percentage of the mean is the coefficient of variation.

The mean and standard deviation from observations are and . If additional observation is to be included, find corrected mean and variance.

Find the standard deviation for the distribution given below:
Frequency |

A retailer uses two different formulas for predicting monthly sales. The first formula has an average of records, and a standard deviation of records. The second formula has an average of records, and a standard deviation of records. What is the ratio of coefficient of variation of first formula to that of second formula?(upto two decimals).

The standard deviation of a set of observations is . What is new value of standard deviation if each observation is multiplied by .

The square root of variance of a distribution is known as

Find the standard deviation of the following set of data:
where

What will be the standard deviation of the set of observations given below is mean of the following data is .
Data: .

Find the standard deviation of the following data.
Data: and .

If coefficient of variation is and mean is then find the value of standard deviation for the given data.

If standard deviation of a set of observations is , by what percent is variance more or less than standard deviation?

Find the variance of the set .

Find the variance of the numbers

