In Probability and Statistics, the standard deviation of a statistical population or data set is a measure of how much variation or dispersion exists from its average value. It is defined as the square root of the variance.

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Standard deviation and mean question [on hold]

The pulse rates of healthy adults are normally distributed with mean 72 and standard deviation of 5. i) Approximately ninety-five percent of the adult population can be said to have their ...
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Comparing two populations

I have sampled from two separate populations, and I want to figure out which population is better. Population 1 has an average score of 84.1 and a standard deviation of 11.8. Population 2 has an ...
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What are the bounds on Variance?

I have an image which can be considered as a 2D plane. Now, I have to check the variance of some points which are distributed over this 2D plane. TASK: I want to calculate the variance to predict if ...
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Finding the probability of loss from standard deviation in normal distribution

I am unsure how to approach the following question. The returns from a project are normally distributed with a mean of \$220,000 and a standard deviation of \$160,000. If the project loses more than ...
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Descriptive Statistics [closed]

I am doing a time series analysis (stock market returns) and I am currently looking at the summary stats. I know the definitions of the individual stats but the one I am stuck on is the relationship ...
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geometric standard deviation

The geometric mean is like the arithmetic mean on a log scale. with the arithmetic mean it is often useful to find the standard deviation. Can the same sort of thing be done to create a geometric ...
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22 views

Calculate Sample standard deviation and MAD

I need to solve this problem for an arbitrary N. I'm not exactly sure how to go about this. I have formulas to calculate both standard deviation and MAD, however I'm not sure what to do with the ...
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1answer
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Showing $s^2=\frac{1}{n-1}\sum_{i=1}^n(x_i-\bar{x})^2=\frac{1}{n-1}\left [\sum_{i=1}^n x_i^2-\frac{1}{n}\left ( \sum_1^nx_i\right )^2 \right ]$ [duplicate]

I've got as far as this $$s^2=\frac{1}{n-1}\sum_{i=1}^n(x_i-\bar{x})^2=\frac{1}{n-1}\sum_{i=1}^n\left ( x_i^2-2x_i\bar{x}+\bar{x}^2\right )$$ $$=\frac{1}{n-1}\left ...
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95% Confidence Intervals

I was solving this problem from a textbook In a random sample of three pupils, $x_i$ is the mark of the $i$th pupil in a test on volcanoes and $y_i$ is the mark of the $i$th pupil in a test on ...
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19 views

How can he assume SD of population equals to SD of sample means?

I'm referring to this KhanAcademy video: https://youtu.be/bekNKJoxYbQ?t=445. My question: How can he approximate the SD of the population to be equal to SD of the sample means? Isn't that SD of the ...
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1answer
69 views

Simple calculations of mean, standard deviation, and probability

You are a successful entrepreneur that has developed a new sustainable product that is manufactured through a standard production process. As part of this process, the product goes through quality ...
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1answer
66 views

Let X = the time between two successive arrivals at the drive-up window of a local bank…

Let $X$ = the time between two successive arrivals at the drive-up window of a local bank. $X$ has an exponential distribution with $\lambda = 2$. That is the probability density of $X$ is $f(X | ...
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1answer
38 views

Compute the standard deviation of the monthly cost due to blackouts

Network blackouts occur at an average rate of 5 blackouts per month. Assuming a suitable continuous-time counting process, a. Compute the probability of more than 3 blackouts during a given month. ...
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1answer
26 views

Finding the standard deviation without anything except the mean

My statistics professor gave us this question on our last exam and to solve for the standard deviation he just took the square root of the mean, is this correct? Q: An average of 15 aircraft ...
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26 views

Standard Deviation divided by Mean

I am comparing different lists of numbers to find the one which "varies least", in a common sense of meaning. Because the lists differ greatly in their mean value (some are around 0.3, others are ...
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11 views

Weighted Std Deviation of Securities

Corporate Finance problem - can't figure out if I'm right or not but here goes: Probability 15% 35% 20% 30% Security A 8% 5% -4% -6% I need to find mean and std deviation for security A. I got: ...
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27 views

What is var(X / Y)?

I know that: $$ var(XY)=E(X^2Y^2)−E(XY)^2=var(X)var(Y)+var(X)E(Y)^2+var(Y)E(X)^2 $$ But what is $var(X/Y)$? It doesn't seem to be as simple as treating $Y$ above as $1/Y$.
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Standard Deviation. Why do we take the square root of the entire equation?

Please forgive my lack of maths knowledge, It is my understanding that: Standard Deviation is the average distance from the mean in a data set of numbers. Therefore it stands to reason that working ...
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1answer
20 views

Coffee sales - stats question relating to p-value and test statistics.

I need help mainly with part c of question 11. My work is below. Answer from the back of the book:
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1answer
41 views

Sample standard deviation and population standard deviation

The average temperature of a particular tropical island is normally distributed with a mean of 74 degrees and a variance of 9 degrees (a) If a random sample of 16 days has been taken, what is the ...
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21 views

Statistics: How to compute the probability density distribution of (µ1 / µ2) knowing only µ1, µ2, and standard deviations σ1 and σ2?

Given two means µ1 and µ2, and two respective standard deviations σ1 and σ2 (not variances or standard errors), how can I compute the probability density distribution of µ1/µ2? In my application, µ1 ...
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Combining standard deviations

We have two groups measuring the same resistors, the nominal value is unknown. Group 1 is slower and because of that they did not calcute the s1 empirical standard deviation. Group 1: N1=500 , ...
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Function For Calculating Average Excluding Outliers

I'm looking for a function that will let me take an average and exclude outliers. Basically something where: 1, 2, 1, 2, 7 Would average out to 1.5. Would that be along the lines of standard ...
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find sub-group of any given number [closed]

sorry i couldn't think of better title so i have a number lets say 13(variable) and by dividing it to 5 (constant) i get my groups (3 in this example ) ...
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Composite variation or standard deviation without common means for more than 2 samples

I know the formula for pooled variance is if the mean for all samples are equivalent and I know that if I want to combine the sigma of two samples with different mu, then the formula is , but what ...
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What is the best distribution that describe the variances $\sigma^2(x)$?

I'm studying a numerical variances $\sigma^2(x)$. For each samples I have more than one hundred of variances. I'm looking for the distribution that can describe them. I think is not Gaussian, because ...
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Find $z$ values for the standard normal variable

Find the following z values for the standard normal variable Z. I got all the answers but B and I am pretty sure I'm right and the answer in the back of the book is wrong.Can you verify? a. P(Z ≤ ...
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Business Statistics problem on my homework

A young investment manager tells his client that the probability of making a positive return with his suggested portfolio is 84%. What is the risk (standard deviation) that this investment manager has ...
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1answer
79 views

Standard deviation of phase for a random phasor sum

I have a phasor sum $a e^{j \theta} = \frac{1}{\sqrt{N}} \sum_{k=1}^{N} \alpha_k e^{j \phi_k }$ where $\phi_k = [-\pi, \pi]$, the standard deviation $\sigma_{\phi}$ of the phase is known and the ...
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1answer
15 views

Question Regarding finding the mean and variance of a MGF function?

This question confused me at the end where it says a normal random variable. A breakdown of the answer would be great The Question states: The MGF for the (general) normal distribution is given by ...
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Is Residual Standard Error the same as Residual Standard Deviation?

R's output gives you the Residual Standard Error but I am asked for the Residual Standard Deviation. Are those numbers the same? Also, how would you interpret the residual standard deviation? Thanks
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Find Standard Deviation Away From the Mean

Word Problem: In one town, the number of pounds of sugar consumed per person per year has a mean of $8$ pounds and a standard deviation of $1.7$ pounds. Henry consumed $11$ pounds of sugar ...
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Probability and Standard Deviation Study Help

I am studying for a mid term that I have tomorrow with last years exam. I went through it and did as much as I could. These are the two questions I didn't get correct. The correct answers (given) are ...
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Math Expectations and Standard Deviations

Pizza Shop profits are $1, $3, and $2 for each sale of their small, medium and large pizzas, respectively. If these are the probability distributions Small Size: $1 - 0.40 Medium Size: $3 - 0.20 ...
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calculating a moving average rate for detecting an outbreak

I have a count for the number of occurences of a disease over a period of time. I want to set a threshold for detecting unusaul increase with a moving average. I am planning to use + 1,2,3 SD to set ...
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Use chebyshev inequality to find the probability $P[|X-E[X]| \ge k\sigma]$

 For an arbitrary random variable $X$, use the Chebyshev inequality to show that the probability that $X$ is more than $k$ standard deviations from its expected value $E[X]$ satisfies ...
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Error from bias and noise in a linear operator

There's a result $S$ that depends linearly on some forcing $F$: $S=\int dt' G(t-t')F(t')$ Let's say I need to predict $S$, but can't measure $F$ exactly. I have both bias and noise in my ...
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Weighted Averages For Grades. But, no score for the final yet. How can I calc?

10% for Participation 10% for Workbooks 10% for Quizzes 40% for Tests 30% for Final Test. Students are asking for their current grade but I thought since one column is blank (final test, not taken) I ...
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What is the probability of two things happening at the same time?

I am using the normal distribution for two events so there is a 34% chance of each event having one standard deviation above the mean. What is the probability of both events having one standard ...
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Standard deviation of the mean through bootstrap resampling of dependent samples

I'm trying to do a Monte Carlo approximation of an integral where the samples are not independent (how much so can be tuned by a parameter giving how often I sample). Therefore the regular expression ...
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Biased estimator for the standard deviation

Question: If a distribution is equally likely to take the values 1 or 4, show that $s_{n-1} $ forms a biased estimator of sigma. I started this question by finding that: $E(X)$ = 2.5, $E(X^2)$ = ...
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Variance is the squared difference - why not to the 3, or 4 instead?

So there is this question about why variance is squared. And the answer seems to be "because we get to do groovy maths when it is squared". Ok, that's cool, I can dig. However, I'm sitting ...
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Definition of Standard Deviation

We note that given a probability distribution function $P$ over a space $U$ the expected value of a function of the elements in U: $$ E(f(x)) = \int_{U} f(x)P(x) $$ We thus consider the mean as the ...
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Proof for Standard Deviation Formula for a Binomial Distribution

I understand the concept of standard deviation as the square root of the square of the mean of each sample value - the mean of the sample values. Here is the mathematical representation (I've solved ...
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Question composition rules in standard deviation

Standard deviation is defined as following: $f(x) = (\frac{1}{n} \sum_{i=1}^nx_i^2-(\frac{1}{n} \sum_{i=1}^nx_i)^2)^{1/2}$ Obviously, $(.)^{1/2}$ is not convex, so can I say $f(x)$ is not ...
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Alternative Standard Deviation Calculations

I recently inherited some code that does bounds checking from a coworker no longer with the company. It has the following comment //Currently, we use 3 sigma(standard deviation) as upper bound, ...
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Standard deviation of a random variable sampled from normal distributions

I was struggling to come up with a best question title. Anyway here is my question: Suppose I have a vector $\vec{S}$ containing non-negative values, each serves as the standard deviation for a ...
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Probability and standard deviation

Office has 4 copying machine, random variable x measure how many are in use at particular time. $p(X=0) = 0.08$ $p(X=1) = 0.11$ $p(X=2) = 0.27$ $p(X=3) = 0.33$ what is $p(X=4)$? I found $p(X =4) = ...
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Mean for seat allocation

There are a set of kids (let's say 30) asked to sit in a row of seats, leaving at least one empty seat between them until all seats are filled. At the end, how do I calculate mean of the fraction of ...
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Problem solving the standard deviation for a stochastic variable

Information: In a laboratory we have a vial of water that's being kept on 50 degrees Celsius. This is measured with the best thermometer in the world. The standard deviation on this thermometer is ...