SD and Variance - Shortcut method (Application)
8:20
Khan AcademyAshish Gupta
SD and Variance - Shortcut method (Application)
In this video, we apply the shortcut (step-deviation) method to calculate the mean, variance, and standard deviation for continuous grouped data. We'll work through an example, choosing an assumed mean (A) and class size (h) to simplify our data into 'y' values. We then compute the necessary sums and use the shortcut formulas to find the mean ...
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