Question: Please do the correction needed in here. Mean and Standard deviation calc. Let us say that a company has recorded daily salaries of 21 people

Please do the correction needed in here. Mean and Standard deviation calc.

Please do the correction needed in here. Mean and Standard deviation calc.

Let us say that a company has recorded daily salaries of 21 people according to their ranks. Here is the data set= 9, 65, 61, 62, 53, 55, 60, 70, 64, 56, 58, 58, 62, 62, 68, 65, 56, 59, 68, 61, 67 Seconds Frequency 51-55 56-60 61-65 66-70 Median group is the one in which the middle value lies. In this case it lies in the (61-65)th group. After putting values in the formula of estimated mean - 8 ) means don't count as Tool unless You do S.D. cale as well Estimated mean= 60.5 + (21/2)-9/8 * 5 Estimated mean= 61.4375

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