Is it possible to construct a dataset where the mean is 30.0, the range is 10.0 and the variance is 40?
Let, X be a random variables with values between [a,b]
Let us define,
Since X and Y differ by a constant, Var(X)=Var(Y).
Since,
Thus,Var(X)=Var(Y)=E(Y2)-E(Y)2
E(Y2)
......................(i)
Range=(b-a)
In this problem, Range=10
Variance=40
So, Variance= 40
(Range)2/4=(10)2/4=25
So it does not satisfy equation (i), so we can conclude that "It is impossible to form a dataset with the given information".
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