Four employees in an office have annual salaries of ($30,000), ($35,000), ($45,000), and $70,000. a. Compute the

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Four employees in an office have annual salaries of $$30,000$, $$35,000$, $$45,000$, and $70,000.

a. Compute the sample standard deviation of the salaries.

b. Each employee gets a $$1000$ raise. Compute the new standard deviation. Does the standard deviation increase by $1000?

c. Each employee gets a 5% raise. Compute the new standard deviation. Does the standard deviation increase by 5%?

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Elementary Statistics

ISBN: 9781259969454

3rd Edition

Authors: William Navidi, Barry Monk

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Question Posted: May 03, 2024 04:02 AM

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Four employees in an office have annual salaries of ($30,000), ($35,000), ($45,000), and $70,000. a. Compute the

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Elementary Statistics

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