Determine the standard deviation of employee, Basic Statistics

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Determine the standard deviation of employee

At OHB bank, average employee salary is $40,000 per year with variance of 4,000,000. The CEO decides to award bonuses in following way:

- A New Year's bonus of $600

- An incentive bonus that is 15% of the employee's salary

Determine the standard deviation of employee bonuses?

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Basic Statistics: Determine the standard deviation of employee

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Basic Statistics: Determine the standard deviation of employee

Reference No:- TGS0869733

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Recent Questions Asked Basic Statistics

Q : Sample of size four from population

Q : Consumer demand for the product

Q : Charge for midsized automobile

Q : Determine the student percentile rank

Q : Determine the standard deviation of employee

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Q : What is the probability that p-hat

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Ask an Expert for Answer!!

Basic Statistics: Determine the standard deviation of employee

Reference No:- TGS0869733

Recent Questions Asked Basic Statistics

Q : Sample of size four from population

Q : Consumer demand for the product

Q : Charge for midsized automobile

Q : Determine the student percentile rank

Q : Determine the standard deviation of employee

Q : Determine the margin of error

Q : Exponentially distributed with the mean

Q : Determine the conditional probability

Q : What is the probability that p-hat

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