Question
Suppose at the end of the year everyone at Bob's restaurant gets a 5 percent raise per hour to their existing wages. How does this
Suppose at the end of the year everyone at Bob's restaurant gets a 5 percent raise per hour to their existing wages. How does this raise affect the standard deviation of their wages?
it is multiplied by 1.05
it is the same as before
it is multiplied by .05
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Differential Topology
Authors: Amiya Mukherjee
2nd Edition
3319190458, 9783319190457
