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Professors at a Local University Earn an Average Salary of $80,000

Question 1

Multiple Choice

Professors at a local university earn an average salary of $80,000 with a standard deviation of $6,000. With the beginning of the next academic year, all professors will get a 2% raise. What will be the average and the standard deviation of their new salaries?


A) $80,000 and $6,120.
B) $81,600 and $6,000.
C) $81,600 and $6,120.
D) $82,000 and $6,200.

Correct Answer:

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