The owner of a company wants to give all his employees a pay raise. He has two options:
(i) to give everyone a raise of Rs Ris, and
(ii) to increase salaries by Rer %.
The mean salary of all employees is Rs 5, the median is Rs Stian, and the mode is Rs Sude.
a) What happens to the mean, median, mode, and standard deviation?
(i) if all employees are given a Rs Rx pay raise
(ii) if all employees are given a Rer % pay raise?
b) Find the R and R values which give equal pay raise, if you were earning:
(i) the mean wage (Rs S)
(ii) the same wage as the mode (Rs St)?
c) Draw the scatter plot of R versus Re:
(i) for a fixed Sun
(ii) for a fixed Smok