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Provide an Appropriate Response 1.15.23.65.04.81.82.25.21.50.8\begin{array} { l l l l l l l l l l } 1.1 & 5.2 & 3.6 & 5.0 & 4.8 & 1.8 & 2.2 & 5.2 & 1.5 & 0.8\end{array}

question 88

Short Answer

Provide an appropriate response.
-In a random sample, 10 students were asked to compute the distance they travel one way to school to the nearest tenth of a mile. The data is listed below.
A)If a constant value k is added to each value, how will the standard deviation be affected?
B)If each value is multiplied by a constant k, how will the standard deviation be affected? 1.15.23.65.04.81.82.25.21.50.8\begin{array} { l l l l l l l l l l } 1.1 & 5.2 & 3.6 & 5.0 & 4.8 & 1.8 & 2.2 & 5.2 & 1.5 & 0.8\end{array}


Definitions:

R&D Spending

The amount of money that a company allocates towards research and development to innovate or improve its products or services.

Money Supply

The total amount of monetary assets available within an economy at a specific time.

Prices

The amount of money required to purchase goods or services.

Inflation Rate

The pace at which the average cost of goods and services increases, leading to a reduction in buying power.

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