HE THEORY OF STATISTICS.
agricultural labourers in 38 rural unions. The values (earnings)
are first of all totalled and the total divided by XN to give the
arithmetic mean M, viz. 15s. 1119d., or 15s. 11d. to the nearest
penny. The earnings being estimates, it is not necessary to take
the average to any higher degree of accuracy. Having found
the mean, the difference of each observation from the mean is
next written down as in col. 3, one penny being taken as the
unit : the signs are not entered, as they are not wanted, but the
work should be checked by totalling the positive and negative
differences separately. [The positive total is 300 and the
negative 290, thus checking the value for the mean, viz. 15s.
11d. +10/38.]
Finally, each difference is squared, and the squares entered in
col. 4,—tables of squares are useful for such work if any of the
differences to be squared are large (see list of Tables, p. 356).
The sum of the squares is 16,018. Treating the value taken for
the mean as sensibly accurate, we have—
16018
DL ESS .
Fix Sn =421'5
o = 205d.
If we wish to be more precise we can reduce to the true mean
by the use of equation (4), as follows :—
2 16,018 mis
Fe =4215263
10
d=—==02632; d2= 00693
38
Hence ol=s2—d?=4214570
o= 20'529d.
Evidently this reduction, in the given case, is unnecessary,
illustrating the fact mentioned at the end of § 4, that small
errors in the mean have little effect on the value found for the
standard deviation. The first value is correct within a very
small fraction of a penny.
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