The mean of a set of 20 observations is 19.3. The mean is reduced by 0.5 when a new observation is added to the set. The new observation is:
8.8
Given: Mean of 20 observations = 19.3
⇒Sum of all observations20=19.3
⇒Sum of all observations=19.3×20
Now, if a new observation is added, then the mean is reduced by 0.5.
Let the new observation added be x.
So the new mean becomes: Sum of all observations+x21=(19.3−0.5)=18.8
⇒sum of all observations+x=18.8×21
⇒x=18.8×21−Sum of all observations
⇒x=(18.8×21)−(19.3×20)
⇒x=394.8−386
⇒x=8.8