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?
A. it is multiplied by 1.05
B. it is the same as before
C. it is multiplied by .05
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Dynamical Systems With Applications Using MATLAB®
Authors: Stephen Lynch
2nd Edition
3319068202, 9783319068206
