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Select the outlier in the data set.\newline15,19,31,71,72,74,87,99,52415, 19, 31, 71, 72, 74, 87, 99, 524\newlineIf the outlier were removed from the data set, would the mean increase or decrease?\newlineChoices:\newline(A)increase\newline(B)decrease

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Q. Select the outlier in the data set.\newline15,19,31,71,72,74,87,99,52415, 19, 31, 71, 72, 74, 87, 99, 524\newlineIf the outlier were removed from the data set, would the mean increase or decrease?\newlineChoices:\newline(A)increase\newline(B)decrease
  1. Calculate Mean and Standard Deviation: Calculate the mean and standard deviation of the data set.\newlineMean (average) = (15+19+31+71+72+74+87+99+524)/9(15 + 19 + 31 + 71 + 72 + 74 + 87 + 99 + 524) / 9\newlineMean = 992/9992 / 9\newlineMean 110.22\approx 110.22
  2. Calculate Standard Deviation: Calculate the standard deviation.\newlineTo find the standard deviation, we need to calculate the variance first. This involves finding the squared differences from the mean, averaging those, and then taking the square root. However, for the purpose of identifying an outlier, we can use a simpler method by looking for a value that is significantly higher or lower than the rest.\newlineIn this case, 524524 is much higher than all other values, which suggests it is the outlier.
  3. Identify Outlier: Identify the outlier.\newlineAn outlier is a value that is significantly higher or lower than the rest of the data. In this data set, 524524 stands out from the other values, which are all below 100100. Therefore, 524524 is the outlier.
  4. Effect of Removing Outlier: Determine the effect on the mean if the outlier is removed.\newlineRemoving an outlier that is significantly higher than the mean will result in a decrease in the mean. Since 524524 is much higher than the current mean, removing it will decrease the mean.

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