It is given radius of circle $r = 5cm$ and standard deviation $\sigma = 1mm$. How do I calculate $\bar{x}$ and standard deviation of calculated circle area?
I know these formulas but I dont know how to use them:
$\bar{x}=\frac{1}{N}\sum_{N}^{i=1}x_i$
$\sigma = \sqrt{\frac{\sum (x_i - \bar{x})^2}{N-1}}$
What is $N$ and $x_i$ in my case?
The area is $A=\pi r^2$
so $\mathbb E[A] = \pi\mathbb E[r^2] =\pi((E[r])^2+\sigma_r^2) = 25.01 \pi \approx 78.5712 \text{ cm}^2$
The standard deviation of $A$ depends on the distribution of $r$. You could calculate it as $\sqrt{\mathbb E[A^2]-(E[A])^2} = \pi \sqrt{\mathbb E[r^4]-(E[r^2])^2}$. For example