Example · High school

Terms

TermThis exampleWhy
variance $\frac{(1.5)^2 + (0.5)^2 + (0.5)^2 + (1.5)^2}{4} = \frac{5}{4} = 1.25$ The variance of the data $1, 2, 3, 4$ divides the sum $5$ of the squared distances from the mean $2.5$ by the number of data points, $4$.
sample variance $\frac{(1.5)^2 + (0.5)^2 + (0.5)^2 + (1.5)^2}{3} = \frac{5}{3} \approx 1.67$ The sample variance of the data $1, 2, 3, 4$ divides the sum $5$ of the squared distances from the mean $2.5$ by $4 - 1 = 3$.

Distinctions using this example

  • Variance vs. sample variance: For the data $1, 2, 3, 4$, the sample variance exceeds the variance by the factor $\frac{4}{3}$, because the sample variance divides by $3$ instead of $4$.

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