Sample annual salaries (in thousands of dollars) for employees at a company are listed. (a) Find the
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Sample annual salaries (in thousands of dollars) for employees at a company are listed.
(a) Find the sample mean and the sample standard deviation.
(b) Each employee in the sample receives a 5% raise. Find the sample mean and the sample standard deviation for the revised data set.
(c) Find each monthly salary. Then find the sample mean and the sample standard deviation for the monthly salaries.
(d) What can you conclude from the results of (a), (b), and (c)?
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Related Book For
Elementary Statistics Picturing The World
ISBN: 9780134683416
7th Edition
Authors: Ron Larson, Betsy Farber
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