Q.The arithmetic mean and standard deviation of 7 observations are respectively 8 and 4. If five of the observations are 2, 4, 10, 12 and 14, then find the values of the remaining two.

Standard deviation is defined as the positive square root of variance.

By definition, standard deviation $\sigma = \sqrt{\text{variance}}$. Given variance $= 144$:

$\sigma = \sqrt{144} = 12$ …

The square of the standard deviation is called the variance, option (c).

Standard deviation ($\sigma$) measures the spread of data about the mean. By definition, variance ($\sigma^2$) is exactly the square of the standard deviation: $\text{Variance} = \sigma^2 = (\text{Standard Deviation})^2$.

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Standard deviation $=\sqrt{\text{Variance}}$; here $\sqrt{225}=15$.

By definition, variance is the square of the standard deviation, so standard deviation $=\sqrt{\text{variance}}$.

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Variance is defined as the square of the standard deviation.

By definition, variance $= (\text{standard deviation})^2$.

Given standard deviation $= 0.012$: …

Given standard deviation $=1.6$, the variance is $2.56$.

By definition, variance $=(\text{standard deviation})^2$. Here standard deviation $=1.6$ …

This difference is called the range of the series, the simplest measure of dispersion.

Step 1. Range is defined as: Range $=$ Maximum value $-$ Minimum value.

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