There are 10 employees in a particular division of a company. Their salaries have a mean of
Question:
There are 10 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.
a. What is the value of the mean after the change?
b. What is the value of the median after the change?
c. What is the value of the standard deviation after the change?
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a We will work in units of 1000 Let S 0 be the sum of the original 10 numbers and let S 1 be t...View the full answer
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