A Professor has given assignment to students in a Statistics class. A student Jagan computes the arithmetic mean and standard deviation for a set of…

CA Foundation · Quantitative Aptitude · MTP · January 2026
A Professor has given assignment to students in a Statistics class. A student Jagan computes the arithmetic mean and standard deviation for a set of 100 observations as 50 and 5 respectively. Later on, Sonali points out to Jagan that he has made a mistake in taking one observation as 100 instead of 50. What would be the correct mean if the wrong observation is corrected?
(A) A. 50.5
(B) B. 49.9
(C) C. 49.5
(D) D. 50.1

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 49.5

Topics: Part-A: Business Mathematics, Part-C: Statistics

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