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New Home Edition User Confused by Variance result.

Posted 10 years ago
 Calculate the Mean and StandardDeviation of a list: 140,120,100,80,60.  Okay the answers should be - mean = 100, standard deviation = 28.28, variance = 800. I can't understand why Mathematica says the standard deviation is 31.6228 and the variance is 1000. The formula for variance  in the documentation is the same  as my spreadsheet formula, I can't understand why the result is different. Please help out a new user and tell me where I am going wrong.




POSTED BY: steve mccauley
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Posted 10 years ago
Thank you for your reply. Okay, the number of observations used to figure the variance is N-1. I feel funny about not seeing that before, like not realizing my t-shirt is on backwards.  
POSTED BY: steve mccauley
In this case, 800 is the biased sample variance. As documented, the function Variance uses Bessel's correction and returns the unbiased sample variance, 1000.
POSTED BY: Ilian Gachevski
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