Explanation:
Mean is the ratio of the sum of the sample data to the total sample size.
1) Given the set of data 2.4, 1.6, 3.2, 0.3, 1.5, if each piece of data is increases by 10, the new data's will be;
(10+2.4), (10+1.6), (10+3.2), (10+0.3), (10+1.5)
sum of the new data's = 59
Sample size = 5
Mean = 59/5
Mean = 11.8
Hence if the price of data is increases by 10, its new mean will be 11.8
2) If each new piece of data is doubles, the new set of data will be;
2(2.4), 2(1.6), 2(3.2), 2(0.3), 2(1.5)
= 4.8, 3.2, 6.4, 0.6, 3.0
Sum of new data = 4.8+3.2+6.4+0.6+3.0
Sum of new data = 18
sample size = 5
Mean = 18/5
Mean = 3.6
Hence the new mean if the data were doubles is 3.6