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Thread: Anyone good with Statistics?
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April 28th, 2009, 01:18 PM #1
Anyone good with Statistics?
This might be a long shot as this is kind of a specific question, but there is a wide variety of people on this board.
When trying to calculate an overall standard deviation for a group of numbers, there is a specific formula that needs to used. You can not just take a weighted average of the individual standard deviations.
Does anyone know if this is also the case for semi-standard deviation?
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April 28th, 2009, 02:37 PM #2
Re: Anyone good with Statistics?
Last edited by Vig; April 28th, 2009 at 02:39 PM.
If ever a time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin. - Samuel Adams
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April 28th, 2009, 03:23 PM #3
Re: Anyone good with Statistics?
That formula gives me how to calculate standard deviation for 1 set of numbers. I'm trying to get a group number.
For standard deviation of a group (of two) of number you have to use this formula:
s2 group = wA2 s2A + (1 - wA)2 s2B + 2 wA wB rAB sA sB
Where all the "2" are actually squares except for the bolded one and s2 = group standard deviation. The more I look into it, the more I think I have to use this formula.
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April 28th, 2009, 08:03 PM #4
Re: Anyone good with Statistics?
Sounds like you are describing the covariance.
http://en.wikipedia.org/wiki/Covariance
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April 29th, 2009, 09:05 AM #5
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April 29th, 2009, 09:22 AM #6
Re: Anyone good with Statistics?
nerds
10 chars
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April 29th, 2009, 09:29 AM #7
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