Sample SD with Bessel's correction

EasyStatistics~3m

You record five daily fill counts: {6,6,10,14,14}\{6,\,6,\,10,\,14,\,14\}. Treating them as a sample (not the whole population), compute the sample standard deviation.

Show hints (2)+
  1. Compute the mean, then sum the squared deviations from it.
  2. It's a sample: divide the sum of squared deviations by n1=4n-1=4, then take the root.

Answer

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4 (± 0.001)

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Asked at: Data-Driven Research, Options Market-Making

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