Question

There are 10 employees in a particular division of a company. their salaries have a mean of $70,000, a median of $55,000, and a standard deviation of $20,000. the largest number on the list is $100,000. by accident, this number is changed to $1,000,000. navidi. statistics for engineers and scientists (page 24). mcgraw-hill education. kindle edition.

Answer 1

Here you go the answer is:

A.) New Mean = (10*70,000 + 900,000)/10 = $160,000

B.) Median is same = $55,000