## Datasets

Consider a set of three values: 5, 5, 8. What is the Mean, Variance, and Median for the dataset?

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__**Hint**

**Hint**

The mean is the average of all the data points. The median is the value separating the higher half from the lower half of the data set.

$$$variance=\sigma^{2}=(\frac{1}{N})\sum_{i=1}^{N}(x_{1}-\mu)^{2}$$$

$$$\mu=18/3=6=mean$$$

The median is 5, which is the value that separates the higher half from the lower half of the dataset.

$$$variance=\sigma^{2}=(\frac{1}{N})\sum_{i=1}^{N}(x_{1}-\mu)^{2}$$$

$$$variance=\frac{1}{3}(6)=2$$$

$$$mean=6$$$

$$$median=5$$$

$$$variance = 2$$$