# Question: The pay rates for 3 people were the following numbers

The pay rates for 3 people were the following numbers of dollars per hour: 8, 10.5, and 7. In Mexican pesos (if the exchange rate is 10 pesos per dollar), these pay rates are 80, 105, and 70 pesos per hour.

a. Compare the mean in dollars with the mean in pesos; don’t forget the units. Explain what multiplying each number in a data set by 10 does to the mean.

b. Compare the standard deviations in pesos and in dollars. Explain what multiplying each number in a data set by 10 does to the standard deviation.

a. Compare the mean in dollars with the mean in pesos; don’t forget the units. Explain what multiplying each number in a data set by 10 does to the mean.

b. Compare the standard deviations in pesos and in dollars. Explain what multiplying each number in a data set by 10 does to the standard deviation.

## Relevant Questions

In the most recent summer Olympics, do you think the standard deviation of the running times for all men who ran the 100-meter race would be larger or smaller than the standard deviation of the running times for the men’s ...In 2011, the mean rate of violent crime (per 100,000 people) for the 24 states west of the Mississippi River was 406. The standard deviation was 177. Assume that the distribution of violent crime rates is approximately ...Distributions of gestation periods (lengths of pregnancy) for humans are roughly bell-shaped. The mean gestation period for humans is 272 days, and the standard deviation is 9 days for women who go into spontaneous labor. ...Find the median and interquartile range of the top seven Pixar animated movies; refer to Exercise 3.41 for the data. In exercise Movie $Millions Toy Story 3 ......... 415 Finding Nemo ........ 340 Up ...A StatCrunch survey asked people what maximum income tax rate (as a percentage of income) should be allowed and whether they were Republican or Democrat. Compare the two political parties. Compare shapes and appropriate ...Post your question