Problem There are multiple data sources on the subject you are currently studying - weights of students in college. You’re interested in data that has low variability and a large sample size, the problem is that the data you found isn’t in kilograms but in pounds. Using variance and standard deviation in pounds (1 kg = 2.20462 lb), which data set out of the following would you choose?
Measure | Data Set A | Data Set B | Data Set C |
Sample Size | 15 670 | 4 500 | 9 334 |
Mean | 550 | 464 | 534 |
Standard Deviation | 432 | 140 | 210 |
Solution
Here, you were asked to:
- Convert the variance and SD to pounds using the conversion 1 kg = 2.20462 lb
- Choose a data set with low variability and a large sample size
To convert the variance and SD, we simply need to follow the rules for changing units, as seen in the table below.
Measure | Data Set A | Data Set B | Data Set C |
Sample Size | 15 670 | 4 500 | 9 334 |
Mean | |||
Standard Deviation | |||
CV | 79% | 30% | 39% |
To find a preferred data set, you can use the coefficient of variation. Recall that the formula is,
[\
CV = \frac{s}{\bar{x}} *100%
\]
Which tells us the proportion of the standard deviation to the mean. This is what appears in the last row of the table. Because Data Set C has the second lowest variability but almost double the sample size of Data Set B, we’ll choose Data Set C.
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