Question

In: Statistics and Probability

Suppose you have a distribution with known mean (m) and standard deviation (s). What happens to...

Suppose you have a distribution with known mean (m) and standard

deviation (s). What happens to these two measures if you multiply all

observations by 5?

(i) The new mean will be 5m, and the standard deviation 5s

(ii) Both the mean and the standard deviation will stay the same

(iii) The new mean will be m+5, and the standard deviation equal to s

Solutions

Expert Solution

The correct option is

(i)Thr new mean will be 5m, and the standard deviation 5s


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