NECO 2007 Economics · Question 29

Standard deviation can be determined by the square root of the

Options

  1. A.mean
  2. B.mean deviation
  3. C.mode
  4. D.variance
  5. E.variance divided by the mean

Answer: D. variance

Explanation written with AI and checked against the answer key

Analyze the question: It asks which quantity you take the square root of to get the standard deviation.

Explain the concept: The standard deviation measures how spread out data values are around the mean. It is built in these steps:

  1. Find the mean, x̄.
  2. Find each deviation from the mean, (x − x̄).
  3. Square each deviation, (x − x̄)². Squaring removes negative signs.
  4. Average the squared deviations. This gives the variance.
  5. Take the square root of the variance to return to the original units.

Formula:

  • Variance: σ² = Σ(x − x̄)² / n
  • Standard deviation: σ = √(Σ(x − x̄)² / n) = √variance

Check the options:

  • A. Mean is the average. It is not the quantity under the root.
  • B. Mean deviation uses absolute values and is a different measure of spread.
  • C. Mode is the most frequent value.
  • D. Variance. The standard deviation is its square root.
  • E. Variance divided by the mean is not a standard measure here. (The coefficient of variation is SD divided by mean.)

Answer: The standard deviation is the square root of the variance.

Exam tip: Remember "SD = √Variance" and "Variance = SD²". Also remember that the variance is in squared units, so we take the square root to get back to the original units.

AI can make mistakes. Report anything that looks wrong.

Past questions © the examination body (JAMB/WAEC/NECO). DeeepSolve is not affiliated with them. Rights holders: see /copyright.