Final answer:
To calculate the 10% trim of the mean, you need to remove the top and bottom 10% of the data values and then calculate the mean of the remaining values.
Step-by-step explanation:
To calculate the 10% trim of the mean, you need to remove the top and bottom 10% of the data values and then calculate the mean of the remaining values. Here's how you do it:
- Sort the data values in ascending order.
- Remove the top 10% of the values and the bottom 10% of the values.
- Calculate the mean of the remaining values.
For example, if you have a set of data values: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, the top 10% would be 9 and 10, and the bottom 10% would be 1 and 2. Removing these values, you are left with 3, 4, 5, 6, 7, 8. The mean of these values is 5.5.