Answer:
a) $160,000
b) $55,000
c) $332264.804
Step-by-step explanation:
We are given that there are 10 employees in a particular division of a company and their salaries have a mean of $70,000, a median of $55,000, and a standard deviation of $20,000.
And also the largest number on the list is $100,000 but By accident, this number is changed to $1,000,000.
a) Value of mean after the change in value is given by;
      Original Mean = $70,000 
         = $70,000  ⇒
 = $70,000  ⇒  = 70,000 * 10 = $700,000
 = 70,000 * 10 = $700,000
    New  after change = $700,000 - $100,000 + $1,000,000 = $1600000
 after change = $700,000 - $100,000 + $1,000,000 = $1600000 
   Therefore, New mean =  = $160,000 .
 = $160,000 .
b) Median will not get affected as median is the middle most value in the data set and since $1,000,000 is considered to be an outlier so median remain unchanged at $55,000 .
c) Original Variance =  i.e.
 i.e.   =
 =  
 
     Original  = (
 = ( * (10-1)) + (10 * 70,000) = $3,600,700,000
 * (10-1)) + (10 * 70,000) = $3,600,700,000
     New  = $3,600,700,000 -
 = $3,600,700,000 -  = 9.936007 *
 = 9.936007 *  
  
     New Variance =  =
 =  = 1.103999 *
 = 1.103999 *  Therefore, standard deviation after change =
    Therefore, standard deviation after change =  = $332264.804 .
 = $332264.804 .