Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

A simple random sample consists of five observations 2, 4,6, 7, 6. The point estimate of population standard deviation is :

Options:

4

2.5

5

2

Correct Answer:

2

Explanation:

The correct answer is Option (4) → 2

To estimate the population standard deviation,

$s=\sqrt{\frac{∑(x_i-\bar x)^2}{n-1}}$

$=\sqrt{\frac{9+1+1+4+1}{4}}=\sqrt{\frac{16}{4}}$

$=2$