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 ?

MATLAB: An Introduction with Applications
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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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