the average dividend declared by group of 10 chemical companies was 18 %. later on it was discovered that one correct figure, 12 is misread as 22 find the correct average dividend.

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the average dividend declared by group of 10 chemical companies was 18 %. later on it was discovered that one correct figure, 12 is misread as 22 find the correct average dividend.

Answered Same DayDec 20, 2021

Answer To: the average dividend declared by group of 10 chemical companies was 18 %. later on it was discovered...

David answered on Dec 20 2021
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The average dividend declared by group of 10 chemical companies was 18 %. Later on it was discovered that one correct figure, 12 is misread as 22 find the correct average dividend
Solution:
Average = Sum of dividend/Number of companies
18 = Sum of dividend/10
Sum of dividend = 180
New sum of...
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