All day laborers of a large manufacturing company receive a 2% raise every 6 months. The current mean hourly wage earned by the all day laborers is $9.75 per hour and the standard deviation of their hourly wages is $0.87 per hour. Assuming that the raise rate and frequency remain the same, what will the mean and standard deviation of the hourly wages earned by day laborers be 2 years from now

Step-by-step explanation:

From the question we are told that:

Raise at Time interval 6 months

Time

Mean hourly pay

Standard deviation

Generally the equation for mean is mathematically given by

Where

Therefore

Generally the equation for Standard deviation is mathematically given by

Where

Therefore

yor answer is 7/6 times 5

step-by-step explanation:

56.6

step-by-step explanation:

the ratio of the perimeters is equal to the scale.

the ratio of the areas is equal to the square of the scale.

34 / 20 = k

a / 19.6 = k²

substituting:

a / 19.6 = (34 / 20)²

a = 19.6 (34 / 20)²

a ≈ 56.6