A Population Has µ = 50 and σ = 5

question 28

Multiple Choice

A population has µ = 50 and σ = 5.If 10 points are added to every score in the population,what are the new values for the mean and standard deviation?

• A)µ = 50 and σ = 5
• B)µ = 50 and σ = 15
• C)µ = 60 and σ = 5
• D)µ = 60 and σ = 15

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Definitions:

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and adjusted for the investor's share of the investee's profit or loss.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against an asset since it was acquired and put into use.

Net Income

The profit of a company after all expenses and taxes have been deducted from total revenue.

Initial Value Method

An accounting method where investments are recorded at their acquisition cost without adjusting for changes in the value or performance of the investment over time.