Math Problem Statement

Given the following sample of 20 numbers: 15 45 52 43 50 59 41 47 56 79 72 18 45 54 78 12 41 48 58 14 (i) Compute mean, variance and standard deviation. (ii) If the largest value in the above set of numbers is changed to 500, to what extent are the mean and variance affected by the change? Justify your answer.

Solution