The mean and standard deviation of 15 observations are found to be 8 and 3 respectively. On rechecking it was found that, in the observations, 20 was misread as 5. Then, the correct variance is equal to \_\_\_\_
Answer: 17
Solutions · 1
Official solution
∑xi2/15−64=9⟹∑xi2=15×73=1095
Corrected mean =9 (using the standard companion correction, sum becomes 120−5+20=135⇒135/15=9).
Corrected sum of squares =1095−25+400=1470
\[\text{Correct variance} = \frac{1470}{15}-9^2 = 98-81=17\]