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4 months agoContributor-Level 10
31. For n observations x1, x2,……., xn .
We have mean =
and variance =
Let yi be the new observations with same n.
So, yi = axi (3)
Now mean,
So
And, putting (3) and (4) in (2) we get,
Hence, the mean and variance of ax1, ax2, ……, axn are and a2 σ2 .
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4 months agoNew question posted
4 months agoNew answer posted
4 months agoNew answer posted
4 months agoContributor-Level 10
(i) The number of wage earner in firm A, nA=586. Mean monthly wages of firm

Total no of were canner in firm B.
Total monthly mages in firm. B = ?5253 * nB
=? 5253 * 586
=? 34, 03, 944
Firm B pays larger amount of monthly wages.
(ii) Since both the firm A and B has same mean monthly wages the firm with greater standard duration i.e, greater variance will have more variability in individual ways. Therefore, firm B will have more variability in individual wages.
New answer posted
4 months agoContributor-Level 10
24. We can tabulate the given data as follows.
Total =
Mean of
Mean of .
New answer posted
4 months agoContributor-Level 10
23. Let the assumed mean be A=45 and h=10. Then we can tabulate the given data as following.
= 44.6
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4 months agoTaking an Exam? Selecting a College?
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