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Median is the middle value of the given numbers or distribution in their ascending
order.Median is the average value of the two middle elements when the size of the
distribution is even.
Variance Definition:
The square of the standard deviation. A measure of the degree of spread among
a set of values; a measure of the tendency of individual values to vary from the
mean value.
Formula:
Population
Standard Standard
Deviation Deviation
where Σ = Sum of
X = Individual score
M = Mean of all scores
N = Sample size (Number of scores)
Variance :
Variance = s2
X M (X-M) (X-M)2
1 3 -2 4
2 3 -1 1
3 3 0 0
4 3 1 1
5 3 2 4
X X2
1 1
2 4
3 9
4 16
5 25
Step 3:Now find the population standard deviation using the formula.
√10/√5 = 1.414