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Standard Deviation, SM-Bank 017

Dataset 1 has mean \(\bar x_1\) and standard deviation \(\sigma_1\).

Dataset 2 has mean \(\bar x_2\) and standard deviation \(\sigma_2\).

Consider the following statement:  If  \(\bar x_1 < \bar x_2\), then  \(\sigma_1 < \sigma_2\).

Is this statement correct? Explain your answer.   (2 marks)

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\(\text{Standard deviation is a measure of how much members}\)

\(\text{of a data group differ from the mean value of the group.}\)

\(\text{It follows that the relative standard deviation between two}\)

\(\text{datasets is not affected if}\ \ \bar x_1 < \bar x_2\).

\(\text{Therefore, the statement is incorrect.}\)

Show Worked Solution

\(\text{Standard deviation is a measure of how much members}\)

\(\text{of a data group differ from the mean value of the group.}\)

\(\text{It follows that the relative standard deviation between two}\)

\(\text{datasets is not affected if}\ \ \bar x_1 < \bar x_2\).

\(\text{Therefore, the statement is incorrect.}\)

Filed Under: Standard Deviation Tagged With: num-title-ct-corea, smc-5020-20-Compare datasets, smc-5020-50-Std Dev definition

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