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Paragraph Styles 5. Find the mean and Standard Deviation for each of these three sets of numbers (four cases in each set). Ho
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CASE SET 1 1 2 SET 2 SET 3 16 16 4 Correlation matrix 14 13 14.5 14 SET 1 SET 2 SET 3 MEAN 7.5 SET 1 SET 2 SET 3 1 Standard d

Since, the correlation between set 1 with set 2 and set 3 is 1.Which tells that there is perfect linear correlation between set 1 with set 2 and set 3.That is, as the value of set 1 increases the value of set 2 and set 3 also increases.

A)

The mean of the first set is 14.5 and of second set is 7.5.The standard deviation of first and second set is same i.e. 1.2910.

Which tell that variation is same in both cases.The value of both set increases of decreases simultaneously.

B)

The mean of the first set is 7.5 and of second set is 15.The standard deviation of second set is 1.291 and third set is 2.582.

The variation in set 3 is twice the variation set 2.The value of both set increases of decreases simultaneously with factor of 2.

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