In reference to Inferential Statistics, if x is a sample mean of random data \x_i\_i=1^n and n is the sample size, then the formula 1/n-1_i=0^n(x_i - x)^2 represents Option 1: Mean Option 2: Variance Option 3: Standard Deviation Option 4: t-Statistic

The answer is 'Variance'. View full solution:

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In reference to Inferential Statistics, if $\bar{x}$ is a sample mean of random data $\{x_i\}_{i=1}^n$ and $n$ is the sample size, then the formula $\frac{1}{n-1}\sum_{i=0}^n(x_i - \bar{x})^2$ represents

Mean

Variance

Standard Deviation

t-Statistic

✅ Correct Option: 2

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