Categorii: Tot - variance

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Variance and Standard Deviation

La desviación estándar y la varianza son conceptos fundamentales en estadística y teoría de la probabilidad, utilizados para medir la dispersión de un conjunto de datos. La varianza se calcula restando el valor medio de cada observación, elevando al cuadrado las diferencias resultantes y sumándolas.

Variance and Standard Deviation

Variance and Standard Deviation

Purpose

Useful for
Observing that The larger the variance, the larger the variability.

Standard Deviation

The standard deviation is the measure of dispersion used most often
It's the square root of "s2"
Letter "s" Stands for Standard Deviation
A quantity calculated to indicate the extent of deviation for a group as a whole.

Advantage

They take into account all the values of a variable.

Variance

The formula means that from every observation () you have to subtract the mean value of that variable (̅). Next, you have to square all these values and add them up
s2 stands for the variance
In probability theory and statistics, variance is the expectation of the squared deviation of a random variable from its mean.