The mean and standard deviation of the bonuses that the employees of a company received 10 years
Question:
The mean and standard deviation of the bonuses that the employees of a company received 10 years ago were, respectively, $2,000 and $325. Today the amount of the bonuses is 5 times what it was 10 years ago. Find the mean and standard deviation of the new bonuses.
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Step by Step Answer:
So the information given here are old mean 2000 let it be OM old standard deviation 325 we need to f...View the full answer
Answered By
Akshyat Ankur Patel
I am currently pursuing B.Tech in Mechanical Engineering from NIT Rourkela, India , which is India's one of the premier institutes and i am quite knowledgeable in Mathematics and Physics. I will graduate from NIT Rourkela in 2023.
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Related Book For 
Elementary Statistics A Step By Step Approach
ISBN: 9781259755330
10th Edition
Authors: Allan G. Bluman
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