Introductory Statistics 9th Edition

Published by Wiley
ISBN 10: 1-11905-571-7
ISBN 13: 978-1-11905-571-6

Chapter 3 - Advanced Exercises - Page 119: 3.93

Answer

a. Jeffrey has to suggest 60,000 dollars. b.The other jurors should use trimmed mean instead of normal mean.

Work Step by Step

a. Mean of five jurors' recommendations = 12,000 dollars Target mean of six jurors' recommendations = 20,000 dollars Jeffrey's suggestions = X $20,000 =( 12,000 * 5 + X) / 6 $ $X = 120,000 - 60,000$ $X = 60,000$ b. The other jurors should use trimmed mean instead of normal mean. This is because the extreme values or outliers will taken out to minimize their influence towards the mean.
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