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174 59. The salaries paid to the managers of a company had a mean of Rs 20,000 with a standard deviation of Rs. 3,000. What will be the mean and standard deviation if all the salaries are increased by (i) 10%, (ii) 10% of the existing mean ? Which policy would you recommend if the management does not want to have increased disparities in waves ?

174 59. The salaries paid to the managers of a company had a mean of Rs 20,000 with a standard deviation of Rs. 3,000. What will be the mean and standard deviation if all the salaries are increased by (i) 10%, (ii) 10% of the existing mean ? Which policy would you recommend if the management does not want to have increased disparities in waves ?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 7PPS
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59. The salaries paid to the managers of a company had a mean of Rs 20,000 with a standard deviation of Rs. 3,000. What will be the mean and standard deviation if all the salaries are increased by (i) 10%, (ii) 10% of the existing mean ? Which policy would you recommend if the management does not want to have increased disparities in waves ?
Transcribed Image Text:59. The salaries paid to the managers of a company had a mean of Rs 20,000 with a standard deviation of Rs. 3,000. What will be the mean and standard deviation if all the salaries are increased by (i) 10%, (ii) 10% of the existing mean ? Which policy would you recommend if the management does not want to have increased disparities in waves ?
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