B. The mean of 36 observations is 12. One observation 47 was misread as 74. Find the correct mean?
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Mean of 36 observations = 12
Sum of 36 observations = 36 * 12 = 432
Now, actual Sum = Sum of 36 observations + correct observation - incorrect observation
= 432 +47 - 74 = 405
Hence correct mean = Actual sum of 36 observations / 36
405 / 36
= 11.25
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