Required information There are 42 employees in a particular division of a company. Their salaries have...
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Required information There are 42 employees in a particular division of a company. Their salaries have a mean of $70,000, a median of $55,000, and a standard deviation of $20,000. The largest number on the list is $100,000. By accident, this number is changed to $1,000,000. What is the value of the standard deviation after the change? Write your answer in units of $1000. Required information There are 42 employees in a particular division of a company. Their salaries have a mean of $70,000, a median of $55,000, and a standard deviation of $20,000. The largest number on the list is $100,000. By accident, this number is changed to $1,000,000. What is the value of the standard deviation after the change? Write your answer in units of $1000.
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