Q.
Let x1,x2,x3....xk be k observations and wi=axi+b for i=1,2,3.....k , where a and b are constants. If mean of xi is 52 and their standard deviation is 12 and mean of wi is 60 and their standard deviation is 15 , then the value of a and b should be
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Solution:
wi=axi+b ⇒wˉ=axˉ+b ⇒60=a(52)+b .... (i) S.Dofw=∣a∣(S.Dofxi) 15=∣a∣12 ⇒a=±1.25 .... (ii)
From (i) and (ii), we get,
If a=1.25⇒60=65+b⇒b=−5
If a=−1.25⇒60=−65+b⇒b=125