For a random variable x, a new random variable y can be created by applying a linear transformation y = a + bx, where a and b are constants. If the random variable x has mean u, and standard deviation a, then the mean, variance and standard deviation of y are given by the following formulas. Hy =a+b y=bo, o= lblo, y = he mean annual salary for employees at a company is $36,000. At the end of the year, each employee receives a $4000 onus and a 7% raise (based on salary). What is the new mean annual salary (including the bonus and raise) for the employees? 事 he new mean annual salary is $

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For a random variable x, a new random variable y can be created by applying a linear transformation y = a + bx, where a andb
are constants. If the random variable x has mean u, and standard deviation a, then the mean, variance and standard deviation
of y are given by the following formulas.
11
Hy =a+b
DL
Kolgl = D
11
The mean annual salary for employees at a company is $36,000. At the end of the year, each employee receives a $4000
bonus and a 7% raise (based on salary). What is the new mean annual salary (including the bonus and raise) for the
employees?
11
*.***
The new mean annual salary is $
11
LL
11
OL
11
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deu
12:04 PM
S8'F Sunny ^
立 0
合罗
F10
F11
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5.
9.
8.
9.
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Transcribed Image Text:+ |/ 11 For a random variable x, a new random variable y can be created by applying a linear transformation y = a + bx, where a andb are constants. If the random variable x has mean u, and standard deviation a, then the mean, variance and standard deviation of y are given by the following formulas. 11 Hy =a+b DL Kolgl = D 11 The mean annual salary for employees at a company is $36,000. At the end of the year, each employee receives a $4000 bonus and a 7% raise (based on salary). What is the new mean annual salary (including the bonus and raise) for the employees? 11 *.*** The new mean annual salary is $ 11 LL 11 OL 11 Next deu 12:04 PM S8'F Sunny ^ 立 0 合罗 F10 F11 PrtSc F12 וה 5. 9. 8. 9. H K.
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