The mean and variance of observations are found to be and , respectively. On rechecking, it was found that an observation was incorrect and the correct observation was . Then the correct variance is:
Explanation for the correct option:
Step 1: Write the equation for the given mean and variance.
Since, it is given that the mean of observations is .
Therefore,
Also, it is given that the variance of observations is .
Step 2: Compute the correct variance.
Since, an observation was incorrect and the correct observation was .
So, correct mean is as follows:
Therefore, the correct mean is .
Also, Correct variance is as follows:
Therefore, the correct variance is .
Hence, option is the correct answer.