Standard Deviation
1. The problem is to find the standard deviation of the data set {12, 15, 16, 12}.
2. First, find the mean (average) of the data.
$$\text{Mean} = \frac{12+15+16+12}{4} = \frac{55}{4} = 13.75$$
3. Calculate the squared differences from the mean for each data point.
- For 12: $$(12 - 13.75)^2 = (-1.75)^2 = 3.0625$$
- For 15: $$(15 - 13.75)^2 = (1.25)^2 = 1.5625$$
- For 16: $$(16 - 13.75)^2 = (2.25)^2 = 5.0625$$
- For 12: $$(12 - 13.75)^2 = (-1.75)^2 = 3.0625$$
4. Find the variance by averaging these squared differences.
$$\text{Variance} = \frac{3.0625 + 1.5625 + 5.0625 + 3.0625}{4} = \frac{12.75}{4} = 3.1875$$
5. The standard deviation is the square root of the variance.
$$\text{Standard Deviation} = \sqrt{3.1875} \approx 1.785$$
Therefore, the standard deviation of the data set is approximately $1.79$.