Let X denote the annual salary of college graduates in the US, measured in dollars. Suppose that the
Question: Let X denote the annual salary of college graduates in the US, measured in dollars. Suppose that the average salary is 50,000 dollars, with a standard deviation of 8,500. Find the mean and standard deviation when salary is measured in thousands of dollars. Find the mean and standard deviation when salary is measured in GB pounds (assuming for simplicity 1 GBP= 2 USD).
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Deliverables: Word Document
Deliverables: Word Document
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