Describe various measures of dispersion and calculate mean and standard deviation of the following data: 10, 12, 14, 18, 25, 30, 35, 40

Bright Pharma
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Measures of Dispersion

Measures of dispersion help us understand how spread out or scattered the data is. They tell us how much the values in a dataset differ from the average (mean).

Types of Measures of Dispersion

  • Range: Difference between the highest and lowest value.
  • Mean Deviation: Average of the absolute differences from the mean.
  • Variance: Average of the squared differences from the mean.
  • Standard Deviation (SD): Square root of the variance. It is the most commonly used measure of dispersion.

Given Data

Values: 10, 12, 14, 18, 25, 30, 35, 40

Step 1: Calculate the Mean (Average)

Formula:
Mean (𝑥̄) = (Sum of all values) ÷ (Total number of values)

Mean = (10 + 12 + 14 + 18 + 25 + 30 + 35 + 40) ÷ 8 = 184 ÷ 8 = 23

Step 2: Prepare a Table for Standard Deviation

Value (x) x - Mean (x - 23) (x - 23)²
10-13169
12-11121
14-981
18-525
2524
30749
3512144
4017289
Total 882

Step 3: Calculate Standard Deviation

Formula:
SD = √(Σ(x - x̄)² / n)

SD = √(882 / 8) = √110.25 = 10.5

Final Result

  • Mean: 23
  • Standard Deviation: 10.5
  • Range: 40 - 10 = 30
Conclusion: The mean of the data is 23, and the standard deviation is 10.5, which shows the average spread of the values around the mean.

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