Answer:
Kindly check explanation
Step-by-step explanation:
Given the data :
8000, 8000, 7000, 11000, 15000, 17000, 20000, 1000000.
Mean = Σx / n = 1086000 / 8 = 135750
Median = 1/2(n+1)th term = 8000
The lower quartile :
Q1 = 1/4(n+1)th term
Q1 = 8000
Q3 = 3/4 (n+1)th term
Q3 = 18500
IQR = 18500 - 8000 = 10500
OUTLIER :
8000 - (1.5*(10500)) = - 7750
18500 + (1.5*(10500)) = 34250
10% trimmed mean
10% * 8
Cut off 1 from the top and bottom
Data becomes : 8000, 8000, 11000, 15000, 17000, 20000
Trimmed mean = 13166
