The mean price of the fish in a pet shop is $2.93, and the standard deviation of the price is $0.59. If the owner decides to double the prices, what will be the mean and standard deviation of the new prices? The mean of the new prices will be $ and the standard deviation of the new prices will be $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 22PFA
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The mean price of the fish in a pet shop is $2.93, and the standard deviation of the price is $0.59. If the owner decides to double the prices, what will be the mean and standard deviation of the new prices?

The mean of the new prices will be $ and the standard deviation of the new prices will be $

 

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