varianceEditGrid

Sheet1

Historical data
Random variable data
Prob
X
(X-avg)^2
(p)
X
pX
X^2
p(X^2)
4.0
4.0
20%
4.0
0.8
16.0
3.2
5.0
1.0
20%
5.0
1.0
25.0
5.0
7.0
1.0
20%
7.0
1.4
49.0
9.8
6.0
0.0
20%
6.0
1.2
36.0
7.2
8.0
4.0
20%
8.0
1.6
64.0
12.8
Population variance
Random variable variance
average
6.0
2.0
sum
100%
6
38
formula
2.0
E(X^2)-[E(X)]^2
2.0
Sample variance
average
2.5
formula
2.5

Sheet2

Sheet3