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JAMB Economics 2016 Objective — Question 16

Question 16 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2016 Objective paper, with the correct answer and a full explanation.

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The appropriate formula for the computation of standard deviation of a grouped data is

  • A. S = sqrt(Σ(x-x̄))/n
  • B. S = sqrt(x-x̄)/n
  • C. sqrt(Σf(x-x̄))/n
  • D. sqrt(Σf(x-x̄)^2)/nCorrect

Explanation

The correct formula for standard deviation of grouped data is S = √(Σf(x-x̄)²/n).

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