Question #73864

the mean and standar deviation of set of 100 Observation were worked out as 40 and 5 respectively by a computer who by mistake to the value of 50 in place of 40 for one observation. recalculate the correct mean and variance
1

Expert's answer

2018-02-28T17:23:08-0500

Answer on Question #73864 – Math – Statistics and Probability

Question

The mean and standard deviation of set of 100 observations were worked out as 40 and 5 respectively by a computer who by mistake to the value of 50 in place of 40 for one observation. Recalculate the correct mean and variance.

Solution

Firstly, we get that 40100=400040 * 100 = 4000, after that we change 50 to 40, hence the correct sum should be 400050+40=39904000 - 50 + 40 = 3990. The correct mean is 3990/100=39.93990 / 100 = 39.9. The variance won't change because the sample size is the same and a shift won't affect the variance.

Answer provided by https://www.AssignmentExpert.com

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!
LATEST TUTORIALS
APPROVED BY CLIENTS