9709 P63 - Jun 2016 - Q4
2516
The monthly rental prices, \(x\), for 9 apartments in a certain city are listed and are summarised as follows.
\(\Sigma(x-c) = 1845\)
\(\Sigma(x-c)^2 = 477450\)
The mean monthly rental price is $2205.
- Find the value of the constant \(c\). [2]
- Find the variance of these values of \(x\). [2]
- Another apartment is added to the list. The mean monthly rental price is now $2120.50. Find the rental price of this additional apartment. [2]
