Formulas/Statistics

Statistics Formulas

Mean, median, variance, standard deviation, probability and more

Mean (Average)

x̄ = (Σx) / n
Where n = number of values

Median

Odd n: middle value
Even n: average of two middle values
Sort data first

Variance

σ² = Σ(x - x̄)² / n (population)
s² = Σ(x - x̄)² / (n-1) (sample)

Standard Deviation

σ = √(Σ(x - x̄)² / n)
s = √(Σ(x - x̄)² / (n-1))

Probability

P(A) = favorable / total
P(A or B) = P(A) + P(B) - P(A and B)
P(A and B) = P(A) × P(B) if independent

Normal Distribution

68% within 1σ
95% within 2σ
99.7% within 3σ (Empirical Rule)

Correlation

r = Σ[(x-x̄)(y-ȳ)] / (n·σx·σy)
-1 ≤ r ≤ 1
r=1 perfect positive, r=-1 perfect negative

Permutations & Combinations

P(n,r) = n! / (n-r)!
C(n,r) = n! / (r!(n-r)!)