! Required information There are 17 employees in a particular division of a company. Their salaries have a mean of $70,000, a median of $55,000, and a standard deviation of $20,000. The largest number on the list is $100,000. By accident, this number is changed to $1,000,000. What is the value of the standard deviation after the change? Write your answer in units of $1000.

! Required information There are 17 employees in a particular division of a company. Their salaries have a mean of $70,000, a median of $55,000, and a standard deviation of $20,000. The largest number on the list is $100,000. By accident, this number is changed to $1,000,000. What is the value of the standard deviation after the change? Write your answer in units of $1000.

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Description: Do asap...only attempt if you know the answer ...thank you !Required informationThere are 17 employees in a particular division of a company. Their salaries have a mean of$70,000, a median of $55,000, and a standard deviation of $20,000. The largest

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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Concept explainers

Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.

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Do asap...only attempt if you know the answer ...thank you

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Required information
There are 17 employees in a particular division of a company. Their salaries have a mean of
$70,000, a median of $55,000, and a standard deviation of $20,000. The largest number on the list
is $100,000. By accident, this number is changed to $1,000,000.
What is the value of the standard deviation after the change? Write your answer in units of $1000.

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