Benjamin owns a small Internet business. Besides himself, he employs nine other people. The salaries earned by the employees are given below in thousands of dollars (Benjamin's salary is the largest, of course). Complete parts (a) through (d) below. 20, 35, 45, 50, 50, 50, 55, 55, 60, 75 O (Type an integer or a decimal. Do not round.) Select the correct choice below and fill in any answer boxes in your choice. The mode salary is 50 thousand dollars. (Type an integer or a decimal. Do not round. Use a comma to separate answers as needed.) O B. There is no mode. (b) Business has been good! As a result, Benjamin has a total of $24,750 in bonus pay to distribute to his employees. One option for distributing bonuses is to give each employee (including himself) $2,475. Add the bonuses under this plan to the original salaries to create a new data set. Recalculate the mean, median, and mode. How do they compare to the originals? The mean for the new data set is || thousand dollars. (Type an integer or a decimal. Do not round.)
Benjamin owns a small Internet business. Besides himself, he employs nine other people. The salaries earned by the employees are given below in thousands of dollars (Benjamin's salary is the largest, of course). Complete parts (a) through (d) below. 20, 35, 45, 50, 50, 50, 55, 55, 60, 75 O (Type an integer or a decimal. Do not round.) Select the correct choice below and fill in any answer boxes in your choice. The mode salary is 50 thousand dollars. (Type an integer or a decimal. Do not round. Use a comma to separate answers as needed.) O B. There is no mode. (b) Business has been good! As a result, Benjamin has a total of $24,750 in bonus pay to distribute to his employees. One option for distributing bonuses is to give each employee (including himself) $2,475. Add the bonuses under this plan to the original salaries to create a new data set. Recalculate the mean, median, and mode. How do they compare to the originals? The mean for the new data set is || thousand dollars. (Type an integer or a decimal. Do not round.)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Transcribed Image Text:Benjamin owns a small Internet business. Besides himself, he employs nine other people. The salaries earned by the employees are given below in thousands of dollars (Benjamin's salary is the largest, of course). Complete parts
(a) through (d) below.
20, 35, 45, 50, 50, 50, 55, 55, 60, 75
O
(Type an integer or a decimal. Do not round.)
Select the correct choice below and fill in any answer boxes in your choice.
The mode salary is 50 thousand dollars.
(Type an integer or a decimal.
Do not round. Use a comma to separate answers
as needed.)
O B. There is no mode.
(b) Business has been good! As a result, Benjamin has a total of $24,750 in bonus pay to distribute to his employees. One option for distributing bonuses is to give each employee (including himself) $2,475. Add the bonuses under
this plan to the original salaries to create a new data set. Recalculate the mean, median, and mode. How do they compare to the originals?
The mean for the new data set is || thousand dollars.
(Type an integer or a decimal. Do not round.)
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 5 steps with 4 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman