gets a bonus of 50% of their monthly salary. What is the new mean and standard deviation after the bonus has been added? A. Mean = 16 000, Standard deviation = 3 450 B. Mean = 16 000, Standard deviation = 2 300 O C. Mean = 24 000, Standard deviation = 2 300 O D. Mean = 24 000, Standard deviation = 3 450

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 22SGR
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The mean monthly net salary of all employees at a medium sized company based in Durban
is R16 000 and the standard deviation is R2300. During the month of December 2022, the
company decides to award a bonus to its employees. In addition to their salary, each employee
gets a bonus of 50% of their monthly salary. What is the new mean and standard deviation
after the bonus has been added?
A. Mean = 16 000, Standard deviation = 3 450
B. Mean = 16 000, Standard deviation = 2 300
O C. Mean = 24 000, Standard deviation = 2 300
O D. Mean = 24 000, Standard deviation = 3 450
Transcribed Image Text:The mean monthly net salary of all employees at a medium sized company based in Durban is R16 000 and the standard deviation is R2300. During the month of December 2022, the company decides to award a bonus to its employees. In addition to their salary, each employee gets a bonus of 50% of their monthly salary. What is the new mean and standard deviation after the bonus has been added? A. Mean = 16 000, Standard deviation = 3 450 B. Mean = 16 000, Standard deviation = 2 300 O C. Mean = 24 000, Standard deviation = 2 300 O D. Mean = 24 000, Standard deviation = 3 450
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