Concept explainers
(a)
To Explain: the affect on the mean and
(a)
Explanation of Solution
Given:
$1000 rise in salary
Mean and median is affected by adding any constant value so here rise in the salary of $1000 will be affected on mean and median so mean and median will be increased by the $1000. Mean and median is the centre of the salaries.
(b)
To Explain: the affect on standard deviation, extremes and
(b)
Explanation of Solution
Given:
$1000 rise in salary
Extremes and quartiles both affected by the adding any constant value so extremes and quartiles both increase by the $1000 because all salaries increase by $1000 but the standard deviation not affected by the adding any constant so increasing in the salaries will be not affected on standard deviation.
Chapter 2 Solutions
Statistics Through Applications
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