Problem

(a) Write the Excel function for the 10 percent trimmed mean of a data set in cells A1:A50...

(a) Write the Excel function for the 10 percent trimmed mean of a data set in cells A1:A50. (b) How many observations would be trimmed in each tail? (c) How many would be trimmed overall? (d) What ambiguity would arise in this case if you wanted a 5 percent trimmed mean?

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