Solution:
Step 1 (Find the reported total).
Mean = \(36\), number of observations \(n = 50\).
Reported sum of all observations:
\[
S_{\text{reported}} = \text{Mean} \times n = 36 \times 50 = 1800.
\]
Step 2 (Correct the error in the total).
The wrong entry \(= 23\) should have been \(48\).
Difference to add: \(48 - 23 = 25\).
Corrected sum:
\[
S_{\text{correct}} = 1800 + 25 = 1825.
\]
Step 3 (Compute the corrected mean).
\[
\text{Corrected Mean} = \frac{S_{\text{correct}}}{n} = \frac{1825}{50} = 36.5.
\]
Step 4 (Verification).
Replacing \(23\) with \(48\) increases the sum by \(25\), which when distributed over \(50\) observations increases the mean by \(25/50 = 0.5\), so \(36 + 0.5 = 36.5\).
\[
{36.5}
\]