The anthmetic average of a series of 20 items has been computed as 400. While
and 360 have been taken as 540 and 630 respectively. Find the correct value of mean
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Question - The arithmetic means of a series of 20 item has been computex as400 will computing to below 450 and 360 have been taken as 540 and 630 respectively find the correct value of the mean
The correct value of mean is 418.
Given - Mean
Find - Correct value of mean
Solution - Mean = sum of all observations/number of observations
Sum of observations = 20*400
Performing multiplication
Sum of observations = 8000
Correct sum of observations = Original sum - sum of wrong values + correct values
Correct sum of observations = 8000 - (450 + 360) + 540 + 630
Correct sum of observations = 8000 - 810 + 1170
Correct sum of observations = 8360
Correct mean = 8360/20
Correct mean = 418
Hence, the correct mean is 418.
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