Consider a data set consisting of n observations x1,x2,…,xn with arithmetic mean xˉ. Answer the following:
(i) State the definition of the population variance σ2 for ungrouped data.
(ii) Prove that i=1∑n(xi−xˉ)=0.
(iii) Explain clearly how the result obtained in part (ii) is used in simplifying the expression i=1∑n(xi−xˉ)2 while arriving at the usual variance formula.