GRE
Exam
Verbal Ability
Miscellaneous
34. At a particular company, every employee receives a 4% cost-of-living increase to their salary.
What impact does this cost-of-living increase have on the mean and on the range of employee salaries at the company?
a. The mean increases but the range does not change.
b. The mean does not change but the range increases.
c. The mean and range both increase.
d. The mean and range do not change
Read Solution (Total 1)
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- let, the range of salaries be rs.50 - rs.100.
the mean is rs.75.
4% increase in the salary means the range becomes rs.52 - rs.104.
the mean is rs. 78.
so, both the mean and range increase.
(c) is correct. - 9 years agoHelpfull: Yes(1) No(0)
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