b Which of the two methods is expected to give more accurate
(b) Which of the two methods is expected to give more accurate results for s2 in general?
Solution
a) The second formula is more accurate in calculating s2 as we need to take square of all values and subtract it from its mean square
b) Formula 1 would always give more accurate result
c) Consider the sample 100,103,105,109,107
mean = 104.8
s2 by formula 1 =[ (-4.8)2 + (-1.8)2 +(0.2)2 + (4.2)2 + (2.2)2 ]/5 = (23.04 +3.24 + 0.04 + 17.64 + 4.84)/5 = 9.76
s2 by formula 2 = 10992.8 - (104.8)2 = 10992.8 - 10983.04 = 9.76
In this case both the formula gave same result but formula 1 is more accurate
