18. Calculate the variance and standard deviation for the monthly income of 50 employees in a firm. Explain the meaning of the value of standard deviation obtained. Number of emplovees Monthly income (RM) 500<700 700 -<900 900<1100 1100<1300 1300<1500 15 1S
18. Calculate the variance and standard deviation for the monthly income of 50 employees in a firm. Explain the meaning of the value of standard deviation obtained. Number of emplovees Monthly income (RM) 500<700 700 -<900 900<1100 1100<1300 1300<1500 15 1S
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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please help me to solve the question using the equation given.
there are variance & standard deviation equation

Transcribed Image Text:18. Calculate the variance and standard deviation for the monthly income of 50 employees
in a firm. Explain the meaning of the value of standard deviation obtained.
Number of emplovees
Monthly income (RM)
500<700
700<900
900<1100
9.
15
1100<1300
1300 1500
1S

Transcribed Image Text:Grouped data
where:
a= population var iance
X - ohservation or value
= total number of ohservation in the population
Σ
= sum of all values
H= population mean
POPULATION STANDARD DEVIATION
Ungrouped data
w here:
a- population s tan dard deviation
X = observation or value
N = total number of observation in the population
S- sum of al values
Hpopulation mean
Grouped data
00
w here
a- population stan dard deviation
X - observation or value
N total number of observation in the population
1-sum of all vakues
H population mean
22L LO'LL'LZ02
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