00:01
All right, in this question, we have a sample taken of 10 salaries from employees of a large company.
00:06
And we're told that everybody is going to get a $3 ,000 raise.
00:13
Okay, so that means this person is now going to make $31 ,000.
00:18
This person's going to make $37.
00:23
This person, 44.
00:27
This person, 45.
00:32
This person, 48.
00:38
This person also 48.
00:40
This person 55, then 64, then 75, and then 80.
01:00
Okay, so let's start by, the first question wants to know the mean salary.
01:05
It's going to increase.
01:07
I'm guessing it's asking for the actual value, so let's go ahead and find that.
01:11
You just add all these up together, plus 45, plus 48, plus 48, plus 55, plus 64, plus 75, plus 80 and then you divide by 10.
01:27
So we get 57 .2.
01:33
The median is also going to increase.
01:38
You can find the median just by taking out smallest value, largest, smallest, largest, smallest, largest until we get to the center, smallest, largest.
01:49
And there's the center.
01:51
Since we have two values, we take the average of them, but they're the same number.
01:54
So it's going to be 48...