Here Are the Summary Statistics for the Monthly Payroll for an Accounting

question 13

Multiple Choice

Here are the summary statistics for the monthly payroll for an accounting firm: $\text { lowest salary } = \$ 60,000 \text {, }$ $\text { mean salary } = \$ 140,000 \text {, }$ median = $100,000,range = $240,000, IQR = $120,000, $\text { first quartile } = \$ 70,000$ standard deviation = $80,000.
Suppose that business has been good and the company gives every employee a $\$ 10,000$ raise.Give the new value of each of the summary statistics.

• A)Minimum: 60,000; Mean: 140,000; Median: 100,000; Range: 240,000; IQR: 120,000; Q1: 80,000; SD: 80,000
• B)Minimum: 70,000; Mean: 150,000; Median: 100,000; Range: 240,000; IQR: 120,000; Q1: 80,000; SD: 80,000
• C)Minimum: 70,000; Mean: 140,000; Median: 110,000; Range: 240,000; IQR: 120,000; Q1: 80,000; SD: 80,000
• D)Minimum: 70,000; Mean: 150,000; Median: 110,000; Range: 240,000; IQR: 120,000; Q1: 80,000; SD: 80,000
• E)Minimum: 60,000; Mean: 150,000; Median: 110,000; Range: 240,000; IQR: 120,000; Q1: 80,000; SD: 80,000

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Definitions:

Conducting Division

The part of the respiratory system including air passages that conduct air to the lungs, such as trachea and bronchi.

Major Bronchioles

Small airways in the lungs that branch off from the primary bronchi and lead to the alveoli, facilitating the passage of air.

Functional Residual Capacity

The volume of air remaining in the lungs after a normal, passive exhalation, which is crucial for continuous gas exchange in the lungs.

Residual Volume

The volume of air remaining in the lungs after a forceful exhalation, ensuring that the lungs do not collapse.