Math Problem Statement
The wages of employees were wrongly noted as 120 instead of 100.The number of employees are 100 and the corrected mean 84.8. the previous variance and mean were respectively 16 and 85 what is the corrected variance?
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Variance
Mean
Formulas
Mean = (Sum of values) / (Number of values)
Variance = (Sum of squares of deviations) / (Number of values)
Corrected sum = Previous sum - (incorrect value)^2 + (correct value)^2
Theorems
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Suitable Grade Level
Grades 11-12
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