Question: Equation (4.7) for variance indicates exactly what variance is: the weighted average of squared deviations from the mean, weighted by the probabilities. However, the computing

Equation (4.7) for variance indicates exactly what variance is: the weighted average of squared deviations from the mean, weighted by the probabilities. However, the computing formula for variance, Equation (4.9), is more convenient for spreadsheet calculations. Show algebraically that the two formulas are equivalent.


Step by Step Solution

3.39 Rating (171 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Excel file Icon

415-M-S-P (1076).xlsx

300 KBs Excel File

Students Have Also Explored These Related Statistics Questions!