The mean salary of the employees in ABC company is P 22 300.00 with a
standard deviation of
P 2 500.00. The company announces a flat raise
P 1 000.00 for each employee during the following year. Find
the standard deviation of the new salaries.
standard deviation of
P 2 500.00. The company announces a flat raise
P 1 000.00 for each employee during the following year. Find
the standard deviation of the new salaries.
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Answer:
the new mean will be P25200 and the new standard deviation is P2700