The file P3_23.XLS contains the salaries of all Indiana University business school professors. a. If you increased
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The file P3_23.XLS contains the salaries of all Indiana University business school professors.
a. If you increased every professor’s salary by $1000, what would happen to the mean and median salary?
b. If you increased every professor’s salary by $1000, what would happen to the sample standard deviation of the salaries?
c. If you increased everybody’s salary by 5%, what would happen to the sample standard deviation of the salaries?
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Related Book For
Managerial Statistics
ISBN: 9780534389314
1st Edition
Authors: S. Christian Albright, Wayne L. Winston, Christopher Zappe
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