Benjamin owns a small Internet business. Besides himself, he employs nine other people. The salaries earned by the employees are given next in thousands of dollars (Benjamin’s salary is the largest, of course): 30, 30, 45, 50, 50, 50, 55, 55, 60, 75 As a third option, Benjamin decides not to give his employees a bonus at all. Instead, he keeps the $25,000 for himself. Use this plan to create a new data set. Recalculate the range, population variance, and population standard deviation. How do they compare to the originals?
Benjamin owns a small Internet business. Besides himself, he employs nine other people. The salaries earned by the employees are given next in thousands of dollars (Benjamin’s salary is the largest, of course): 30, 30, 45, 50, 50, 50, 55, 55, 60, 75 As a third option, Benjamin decides not to give his employees a bonus at all. Instead, he keeps the $25,000 for himself. Use this plan to create a new data set. Recalculate the range, population variance, and population standard deviation. How do they compare to the originals?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Benjamin owns a small Internet business. Besides himself, he employs nine other people. The salaries earned by the employees are given next in thousands of dollars (Benjamin’s salary is the largest, of course):
30, 30, 45, 50, 50, 50, 55, 55, 60, 75
As a third option, Benjamin decides not to give his employees a bonus at all. Instead, he keeps the $25,000 for himself. Use this plan to create a new data set. Recalculate the
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