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 $1000 raise. Find the sample mean and the sample standard deviation for the revised data set.

(c) Each employee in the sample takes a pay cut of $2000 from their original salary. Find the sample mean and the sample standard deviation for the revised data set.

(d) What can you conclude from the results of (a), (b), and (c)?

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Elementary Statistics Picturing The World

ISBN: 9780134683416

7th Edition

Authors: Ron Larson, Betsy Farber

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Question Posted: Aug 05, 2020 02:28 AM

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Sample annual salaries (in thousands of dollars) for employees at a company are listed. (a) Find the

Question:

40 35 49 53 38 39 40 37 49 34 38 43 47 35

Step by Step Answer:

a1 To calculate sample mean use meanx i xin a2 To calculate standard deviation use SD ximean 2 n Her...View the full answer

Elementary Statistics Picturing The World

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