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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Managerial Statistics

ISBN: 9780534389314

1st Edition

Authors: S. Christian Albright, Wayne L. Winston, Christopher Zappe

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Question Posted: Jul 04, 2023 03:36 AM

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The file P3_23.XLS contains the salaries of all Indiana University business school professors. a. If you increased

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Managerial Statistics

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