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Step 1: Calculate the sum of observations using the mean.
The mean of the observations is given as 8. The sum of the observations is:
x + y + 12 + 14 + 4 + 10 + 2 = 7 * 8
x + y + 42 = 56
x + y = 14 ---(1)
Step 2: Calculate the sum of squares of observations using the variance.
The variance is given as 16. The formula for variance is:
Variance = (Sum of squares of observations / Number of observations) - (Mean)^2
16 = (x^2 + y^2 + 12^2 + 14^2 + 4^2 + 10^2 + 2^2) / 7 - 8^2
16 = (x^2 + y^2 + 144 + 196 + 16 + 100 + 4) / 7 - 64
80 = (x^2 + y^2 + 460) / 7
560 = x^2 + y^2 + 460
x^2 + y^2 = 100 ---(2)
Step 3: Solve for x and y using equations (1) and (2).
From equation (1), y = 14 - x. Substitute this into equation (2):
x^2 + (14 - x)^2 = 100
x^2 + 196 - 28x + x^2 = 100
2x^2 - 28x + 96 = 0
x^2 - 14x + 48 = 0
(x - 6)(x - 8) = 0
So, x = 6 or x = 8.
If x = 6, then y = 14 - 6 = 8. But we are given that x > y, so this case is not valid.
If x = 8, then y = 14 - 8 = 6. This satisfies x > y.
Therefore, x = 8 and y = 6.
Step 4: Calculate 3x - y.
3x - y = 3(8) - 6 = 24 - 6 = 18
Correct Answer: 18
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