0
votes
0answers
6 views

Measure dispersion of a set of values resides in a range

I want to know what is best method to calculate (measure) the statistical dispersion of a set of values resides between a range. Scenario: My goal is to build an index. I have two methods that ...
2
votes
1answer
19 views

Adding stochastic variables random variables where one has time component

Based on GLS regression I have identified two random variables lets call them A & B ...
1
vote
0answers
15 views

Population confidence interval from sample SD and sample mean?

A sample has: $$\text{a sample size } n = 70,$$ $$\text{sample standard deviation } s = 184.43,$$ $$\text{and a sample mean } \bar{x} = 564.15.$$ Compute a 95% confidence interval for the population ...
2
votes
2answers
20 views

Is the variation of the mean 0, and the variance of standard deviation just the variance?

Just trying to get some properties straight. Was looking at a problem online which reads: Let X be a random variable with mean μ and variance σ2. What is the variance of X/σ+10μ? The solution of ...
0
votes
1answer
20 views

Clarification on z-score

I have been reading a Statistics book and they show the following formula for z-score: $ z = \frac{x - \mu}{\sigma}$ And then they explain about the $\mu$ and the $\sigma$ in the formula like this: ...
0
votes
2answers
15 views

Find StdDev of a percentage list

I need to find Standard Deviation of a percentage list, e.g. [0.5, 0.8, 0.8] in Python would give: ...
0
votes
1answer
21 views

SD from Mean and Median

Given the mean and median of a dataset, is it possible to compute the standard deviation of the dataset?
0
votes
1answer
24 views

Value of n to ensure the mean is within a 95% confidence interval

A random sample of size n is obtained from normal distribution. Calculate how large n must be to ensure that the sample mean lies within 0.25s.d of the mean with probability of 95%. I know the ...
0
votes
1answer
43 views

Standard deviation with multiple means and deviations

The amounts of a certain mineral that can be produced in a day from mines $1$, $2$, and $3$ are independent normal random variables with means equal to $80$, $90$, and $75$ pounds, respectively, ...
1
vote
1answer
23 views

Exponential deviation with two $x$ values

I recently got interested in this topic of standard deviation. My TA did not have any time to go over this topic so I was trying to teach myself it recently. My TA said if he had more time he would ...
2
votes
1answer
70 views

Margin of error for quotient of two measurements

I need to find the total margin of error for calculating velocity, while I have margins of error for time and distance. Actually the margins are the same (as both measurements were based on GPS - but ...
0
votes
1answer
19 views

Standard deviation shouldn't reduce?

I need to do a algorithm to calculate an integral via Monte Carlo Method, and for a purpose of simulation, I need to calculate the standard deviation of a sample generated in my program. My problem is ...
0
votes
0answers
49 views

A Sample with two Standard Deviation

Question : In a batch chemical process, two catalysts are being compared for their effect on the output of the process reaction. A sample of 12 batches was prepared using catalyst 1 and a ...
1
vote
1answer
18 views

Uncertainty on an estimator

Well first I want to say that I have a very weak background in stats/probability but I still hope that the question I want to share with you makes sense. I have a set of binary (coming from a set of ...
2
votes
1answer
44 views

I need help with this review question. Business Calculus/Statistics

The question is: The scores on a test have a mean of 100 and a standard deviation of 8. A personnel manager wishes to select the top 60% of applicants. Find the cutoff score. Assume the variable is ...
1
vote
1answer
14 views

Variences and adding them from independent random variables?

If I have 3 random varibles X, Y and Z and X=Y+Z then var(X)=var(Y)+var(Z), but Y=X-Z therefore var(Y)=var(X)+var(Z), it is clear that these two contridict, so what makes one of them right and the ...
0
votes
2answers
333 views

How to weight three different variables to create a ranking

I have data on the graduation rate, tuition, and average student income (a measure of accessibility) for about 7,000 colleges and universities in the U.S., and I'm trying to compose an interactive in ...
1
vote
2answers
36 views

Estimate standard deviation of sample

You have a random sample of 25 objects with mean weight of 24 grams, estimate the standard deviation of the sample. In addition, you know it's supposed to be 25 grams with a deviation of 1 gram, but ...
1
vote
1answer
43 views

Taking the standard deviation over multiple assignments?

Lets say that a group of students all take 5 tests, with the average and standard deviations as follows: test 1: mean 43/50, SD 8 test 2: mean 23/30, SD 4 test 3: mean 56/70, SD 12 test 4: mean ...
0
votes
1answer
21 views

Probability and Standard Deviation

Hey I'm confused about how to do this kind of problem. I can't figure out how to find the standard deviation. There are on average 4 tetanus cases reported in the US each month. What is the ...
0
votes
2answers
35 views

how to find standard deviation when given a percentage?

I'm stuck on this question, can anyone help? An electronics company's biggest seller is a talking toy. Of the toys produced, 4% have a defective voicebox. A quality control tech randomly collects 250 ...
0
votes
1answer
40 views

stdev and mean from gaussian fit vs. from classical formula

I have a set of data - measured speed of molecules in water. I made a histogram and fitted it with function $$A\exp\frac{(x-B)^2}{C}$$ calculating mean and standard deviation from values B and C If I ...
2
votes
0answers
40 views

Confidence intervals and dividing by $n^{0.5}$

I am studying a-level and am confused when I divide the standard deviation by $n^{0.5}$ when doing confidence intervals. To put it another way when I don't divide by it? (where $n$ is the number of ...
0
votes
0answers
24 views

Identification of linear regression function under $\ell_1$-norm criterion.

Consider a linear system \begin{align*} y = \theta^Tx + e, \end{align*} where $x\in\mathbb{R}^n$ and $e\in\mathbb{R}$ are independent Gaussian random variables with distribution $\mathcal{N}(0,I_n)$ ...
0
votes
1answer
35 views

Standard Deviation and Mean

take a look at this question: The sample from Population A has a mean of 35 and a standard deviation of 1. The sample from Population B has a mean of 45 and a standard deviation of 15. Which of ...
1
vote
1answer
45 views

Confidence interval for n=1, unknown standard deviation

Is there any way to calculate a confidence interval (or otherwise gauge the reliability of a sample) when you have a sample size of one and you don't know the population standard deviation? I work at ...
0
votes
1answer
40 views

What is the corrected sample standard deviation when there is only one sample?

What do we say about the corrected sample standard deviation when the sample size is one? Do we just assume it is 0? Is it even meaningful? The usual equation seems to fall apart here because N - 1 ...
0
votes
0answers
90 views

Establishing the upper and lower bounds of normal using standard deviation

I understand the concept of standard deviations and z-values, but I'm trying to figure out if standard deviations alone are good for establishing the upper and lower bounds for normal. For example, if ...
0
votes
1answer
68 views

Percentage with only standard deviation and mean given. [closed]

I have some questions that I really need help with. The mean mark for an IQ test in the population is 100, with a standard deviation of 16.5. The IQ is normally distributed. Your IQ is 113. a. ...
0
votes
0answers
53 views

Probabilities and Estimation of average and standard deviation

I've done a good bit of this number but I have trouble with part 2. I'll show you my work and the questions I can't figure in bold. A guy has a machine that scans his apples. The machine rules are : ...
0
votes
1answer
56 views

Fast way to recalculate average and standard deviation as new values arrive

Say I have a stream of values arriving all the time, and I want to get the average and standard deviation of only the last $n$ values. If I already have the average $V$ for values $v_1, ..., v_n$, ...
0
votes
1answer
23 views

hypothesis testing two sample problem and standard error of mean

In my homework, I was asked to find the standard error of mean for 2 cases and then do the 5% and 1% test for both of them. I know how to work out stand error of mean, but I don't know how to use it ...
1
vote
2answers
49 views

X and Y are two random variables, what is the standard deviation of X - 2Y

I have: E(X) = 10 E(Y) = 12 Var(X) = 4 Var(Y) = 9 covariance = 2 I know that for: ...
0
votes
0answers
50 views

Relationship between median and standard deviation

I have some data and I added Gaussian noise with zero mean ($\mu=0$) and standard deviation ($SD=SD$). I was interested to see the behaviour of the noise to the data after integrations. I integrated ...
1
vote
2answers
52 views

Why does variance divide by $n-1$? [duplicate]

The variance is: $$\dfrac{\sum_{i=1}^{n}(x_i-\bar x)^2}{n-1}$$ I read that $n-1$ is used instead of just $n$ when we are measuring the variance of a sample taken from a bigger population. I don't ...
0
votes
6answers
84 views

Why is variance squared?

The mean absolute deviation is: $$\dfrac{\sum_{i=1}^{n}|x_i-\bar x|}{n}$$ The variance is: $$\dfrac{\sum_{i=1}^{n}(x_i-\bar x)^2}{n-1}$$ So the mean deviation and the variance are ...
1
vote
3answers
29 views

question about Mean absolute deviation formula

$$\frac{\sum_{i=1}^{n}(x_i-\bar x)}{n}$$ This method will not work for calculating the mean deviation. Instead we have: $$\frac{\sum_{i=1}^{n}|x_i-\bar x|}{n}.$$ I'm not quite understanding why ...
0
votes
0answers
38 views

Standard Deviation ( Sort of ) Problem

I have a bunch of particles spread over a 2D area. I plan to fit a a distribution to describe the spread. To start off : I have about 100 particles arranged in a circular pattern in a "unit" ...
2
votes
0answers
48 views

Model selection: geometric mean of the standard deviation.

I have two models that represent a physical process. To determine which model is the best, I make some experiments and compare measured data with data predicted by each of the models. The model with ...
1
vote
1answer
38 views

Where are they getting this number from?

Here's the question that I'm having a problem with: ...
0
votes
0answers
15 views

Constructing confidence variances for std and variance samples.

A) Construct the 90% confidence interval for the standard deviation for the dark treatment. B) Construct the 95% confidence interval for the variance for the sunlight treatment. And that what I ...
1
vote
1answer
555 views

Probability and proportion from standard deviation and mean [duplicate]

I do not know how to start this problem-help needed-kindly help me The lifetimes of a colour TV picture tube is normally distributed, with a mean of 8 yrs and a standard deviation of 2 years. ...
2
votes
5answers
73 views

Why square the result of $x_1 - \bar{x}$ in the standard deviation? [duplicate]

I don't understand the necessity of square the result of $x_1 - \bar{x}$ in $$\sqrt{\frac{\sum_{i=1}^{N} (x_i - \bar{x})^2}{N-1}}$$. In fact I don't understand even why is $N - 1$ on the denominator ...
1
vote
0answers
13 views

Any way to simplify this expression?

So I have a vector of asset allocation weights given by $x \in R^4$ and a covariance matrix of the asset returns $\Sigma \in R^{4,4}$. I know by the spectral theorem, $\Sigma = V DV^{-1}$ and the ...
0
votes
0answers
14 views

Does it make sense to use zscore values with multiple confidence intervals?

I have a program that takes a historical dataset (e.g. muffins sold in the last week), calculates the zscore of the current value, and determines whether or not the current value is abnormal based on ...
1
vote
1answer
90 views

Determine the distribution underlying several given scores and their percentiles

I am trying to build a FICO score calculator that estimates one's FICO score given one's percentile from another credit report. FICO score data is kept fairly secret, but the following information is ...
0
votes
2answers
32 views

investigating a relationship at $5 \% $ level significance

$n=12$ $\bar{x}=? $ sample average = $\sigma $ standard deviation = $\alpha =$ $H_a :$ Degrees of freedom if applicable Critical value(s) = Sample mean Standard error of mean = $\frac{\sigma } ...
0
votes
2answers
147 views

Statistics: how does standard deviation measure quality - please answer everyone?

There are many types of measures of variation/dispersion from the mean, but standard deviation can be confusing. If we are measuring error/variability, then 1σ is better than 2σ. That is to say that ...
3
votes
4answers
154 views

Why the natural log is there in MLE?

Why do we use natural log for MLE?
0
votes
1answer
52 views