Solution: The standard deviation of a set of salaries at a small company is $8290. Suppose that every employee is given a 4 \% raise at the end of the


Question: The standard deviation of a set of salaries at a small company is $8290. Suppose that every employee is given a \(4 \%\) raise at the end of the year, as well as a $1000 bonus. Find the standard deviation of the new set of salaries.

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