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Can someone help me answer these econ homework questions. 5. Suppose an economy consists of four workers, with the following earnings: $20,000 $30,000 $40,000 $50,000

Can someone help me answer these econ homework questions.

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5. Suppose an economy consists of four workers, with the following earnings: $20,000 $30,000 $40,000 $50,000 a. Calculate the variance and coefficient of variation. Show all of your work. b. If the salary of all four workers decreases by 50%, what will be the new variance and coefficient of variation? Show all of your work

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